GSA Capital Partners LLP Grows Position in Anterix Inc. $ATEX

GSA Capital Partners LLP increased its position in shares of Anterix Inc. (NASDAQ:ATEX) by 22.3% during the 4th quarter, HoldingsChannel reports. The fund owned 72,976 shares of the company’s stock after acquiring an additional 13,324 shares during the quarter. GSA Capital Partners LLP’s holdings in Anterix were worth $1,593,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. SG Americas Securities LLC acquired a new position in shares of Anterix during the 4th quarter valued at about $1,059,000. GABELLI & Co INVESTMENT ADVISERS INC. boosted its position in shares of Anterix by 219.3% during the 3rd quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 52,200 shares of the company’s stock valued at $1,121,000 after acquiring an additional 35,850 shares during the last quarter. SBI Securities Co. Ltd. boosted its position in shares of Anterix by 374,815.0% during the 3rd quarter. SBI Securities Co. Ltd. now owns 74,983 shares of the company’s stock valued at $1,610,000 after acquiring an additional 74,963 shares during the last quarter. Gamco Investors INC. ET AL boosted its position in shares of Anterix by 17.1% during the 3rd quarter. Gamco Investors INC. ET AL now owns 320,070 shares of the company’s stock valued at $6,872,000 after acquiring an additional 46,645 shares during the last quarter. Finally, Gabelli Funds LLC boosted its position in shares of Anterix by 52.2% during the 3rd quarter. Gabelli Funds LLC now owns 286,282 shares of the company’s stock valued at $6,146,000 after acquiring an additional 98,130 shares during the last quarter. Institutional investors and hedge funds own 87.67% of the company’s stock.

Anterix Price Performance

Shares of ATEX stock opened at $58.78 on Wednesday. The firm has a market cap of $1.10 billion, a PE ratio of 13.51 and a beta of 0.86. The company has a 50-day moving average of $43.54 and a two-hundred day moving average of $31.45. Anterix Inc. has a 1-year low of $17.58 and a 1-year high of $59.80.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on ATEX. Zacks Research cut shares of Anterix from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 5th. Weiss Ratings raised shares of Anterix from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $50.00.

About Anterix

Anterix, Inc is a specialized telecommunications company focused on delivering private broadband networks for utilities and other critical infrastructure industries. The company owns and operates dedicated 900 MHz spectrum that enables reliable, secure and high-performance wireless communications to support grid modernization, smart metering, distribution automation and other mission-critical applications. By leveraging this spectrum, Anterix helps electric, water and gas utilities deploy advanced communications capabilities to enhance operational efficiency and resiliency.

At the core of Anterix’s offering is its licensed 900 MHz spectrum, which provides superior propagation characteristics compared with unlicensed options and allows for cost-effective coverage over expansive service territories.