AlphaQuest LLC Sells 12,569 Shares of Anterix Inc. (NASDAQ:ATEX)

AlphaQuest LLC cut its holdings in Anterix Inc. (NASDAQ:ATEX) by 62.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,597 shares of the company’s stock after selling 12,569 shares during the quarter. AlphaQuest LLC’s holdings in Anterix were worth $233,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. FMR LLC grew its position in shares of Anterix by 76.4% in 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. Charles Schwab Investment Management Inc. boosted its holdings in Anterix by 0.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 134,400 shares of the company’s stock valued at $4,122,000 after acquiring an additional 1,183 shares in the last quarter. Jane Street Group LLC increased its position in Anterix by 78.2% during the 3rd quarter. Jane Street Group LLC now owns 128,892 shares of the company’s stock valued at $4,854,000 after purchasing an additional 56,559 shares during the period. JPMorgan Chase & Co. raised its holdings in Anterix by 188.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 33,832 shares of the company’s stock worth $1,274,000 after purchasing an additional 22,092 shares in the last quarter. Finally, Verition Fund Management LLC lifted its position in shares of Anterix by 309.1% in the 3rd quarter. Verition Fund Management LLC now owns 22,199 shares of the company’s stock worth $836,000 after purchasing an additional 16,773 shares during the period. Hedge funds and other institutional investors own 87.67% of the company’s stock.

Wall Street Analyst Weigh In

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

Anterix Stock Up 1.7 %

NASDAQ ATEX opened at $37.97 on Friday. The stock’s 50 day moving average is $33.80 and its 200 day moving average is $34.08. The firm has a market capitalization of $705.75 million, a PE ratio of -23.29 and a beta of 0.86. Anterix Inc. has a twelve month low of $27.37 and a twelve month high of $42.91.

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.