Anterix Inc. (NASDAQ:ATEX) Shares Purchased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lifted its position in Anterix Inc. (NASDAQ:ATEX) by 0.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 134,400 shares of the company’s stock after purchasing an additional 1,183 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.72% of Anterix worth $4,122,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the business. FMR LLC raised its position in Anterix by 76.4% during the 3rd quarter. FMR LLC now owns 250,955 shares of the company’s stock worth $9,451,000 after buying an additional 108,683 shares during the last quarter. Jane Street Group LLC grew its holdings in shares of Anterix by 78.2% during the third quarter. Jane Street Group LLC now owns 128,892 shares of the company’s stock worth $4,854,000 after buying an additional 56,559 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of Anterix by 188.2% in the third quarter. JPMorgan Chase & Co. now owns 33,832 shares of the company’s stock valued at $1,274,000 after purchasing an additional 22,092 shares during the period. Verition Fund Management LLC lifted its holdings in shares of Anterix by 309.1% during the 3rd quarter. Verition Fund Management LLC now owns 22,199 shares of the company’s stock worth $836,000 after acquiring an additional 16,773 shares during the period. Finally, Paloma Partners Management Co acquired a new stake in shares of Anterix during the 3rd quarter worth $769,000. 87.67% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. increased their price objective on shares of Anterix from $61.00 to $67.00 and gave the stock an “overweight” rating in a research report on Thursday, February 13th.

Anterix Stock Performance

NASDAQ:ATEX opened at $37.37 on Thursday. The business’s 50-day simple moving average is $35.30 and its 200 day simple moving average is $34.22. Anterix Inc. has a one year low of $27.37 and a one year high of $42.91. The stock has a market cap of $694.60 million, a price-to-earnings ratio of -22.93 and a beta of 0.86.

Anterix 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.