Anterix (ATEX) Projected to Post Quarterly Earnings on Tuesday

Anterix (NASDAQ:ATEX) is expected to announce its earnings results after the market closes on Tuesday, February 11th. Analysts expect the company to announce earnings of ($0.57) per share and revenue of $1.81 million for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Anterix Stock Down 0.2 %

Shares of ATEX stock opened at $28.55 on Monday. The company’s fifty day simple moving average is $30.67 and its 200-day simple moving average is $34.03. The firm has a market cap of $531.60 million, a PE ratio of -14.13 and a beta of 0.87. Anterix has a 12 month low of $27.37 and a 12 month high of $42.41.

Insider Buying and Selling at Anterix

In other news, Director Mark Fleischhauer bought 3,500 shares of the firm’s stock in a transaction on Thursday, December 5th. The stock was acquired at an average price of $34.19 per share, with a total value of $119,665.00. Following the transaction, the director now owns 3,500 shares of the company’s stock, valued at $119,665. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Leslie B. Daniels acquired 2,000 shares of Anterix stock in a transaction dated Wednesday, November 20th. The shares were bought at an average cost of $32.75 per share, with a total value of $65,500.00. Following the transaction, the director now owns 2,000 shares in the company, valued at approximately $65,500. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 45.61% of the company’s stock.

Anterix Company Profile

Anterix Inc operates as a wireless communications company. The company focuses on commercializing its spectrum assets to enable the targeted utility and critical infrastructure customers to deploy private broadband networks and innovative broadband solutions. It holds licensed spectrum in the 900 MHz band with coverage throughout the United States, Alaska, Hawaii, and Puerto Rico.