Heard Capital LLC grew its stake in Anterix Inc. (NASDAQ:ATEX – Free Report) by 2.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,763,172 shares of the company’s stock after acquiring an additional 43,382 shares during the period. Anterix accounts for about 4.2% of Heard Capital LLC’s investment portfolio, making the stock its 14th biggest position. Heard Capital LLC owned approximately 9.26% of Anterix worth $55,875,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors also recently modified their holdings of the stock. Legal & General Group Plc raised its position in Anterix by 7.0% in the 2nd quarter. Legal & General Group Plc now owns 4,454 shares of the company’s stock worth $183,000 after purchasing an additional 292 shares during the last quarter. Quadrant Capital Group LLC raised its position in shares of Anterix by 50.5% during the second quarter. Quadrant Capital Group LLC now owns 930 shares of the company’s stock worth $29,000 after acquiring an additional 312 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of Anterix by 0.6% during the first quarter. Bank of New York Mellon Corp now owns 67,142 shares of the company’s stock worth $2,218,000 after acquiring an additional 403 shares during the last quarter. Credit Suisse AG lifted its stake in shares of Anterix by 4.8% during the third quarter. Credit Suisse AG now owns 9,973 shares of the company’s stock valued at $356,000 after acquiring an additional 456 shares during the period. Finally, Alliancebernstein L.P. boosted its holdings in Anterix by 7.6% in the third quarter. Alliancebernstein L.P. now owns 8,500 shares of the company’s stock valued at $304,000 after acquiring an additional 600 shares during the last quarter. 87.05% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Separately, Morgan Stanley dropped their price objective on Anterix from $42.00 to $41.00 and set an “equal weight” rating for the company in a report on Tuesday, August 1st.
Anterix Stock Up 0.6 %
ATEX stock traded up $0.18 during midday trading on Monday, reaching $32.47. The company’s stock had a trading volume of 57,188 shares, compared to its average volume of 169,029. The business’s 50-day simple moving average is $31.35 and its 200-day simple moving average is $31.60. Anterix Inc. has a 52 week low of $27.20 and a 52 week high of $39.16. The stock has a market cap of $609.46 million, a PE ratio of 80.73 and a beta of 0.67.
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.
- Five stocks we like better than Anterix
- How to Invest in Tech Stocks and Top Tech Stocks to Consider
- The most upgraded stocks in November have two things in common
- How to Invest in EV Charging Stations
- Monday.com rocked earnings like it’s the weekend
- Investing In Preferred Stock vs. Common Stock
- Plan to own one retailer? Make it this one
Receive News & Ratings for Anterix Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anterix and related companies with MarketBeat.com's FREE daily email newsletter.