Anterix Inc (NASDAQ: ATEX) is 1.04% higher on its value in year-to-date trading and has touched a low of $27.37 and a high of $42.41 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ATEX stock was last observed hovering at around $27.83 in the last trading session, with the day’s gains setting it 3.16%.
Currently trading at $30.99, the stock is 3.71% and -3.72% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.91 million and changing 11.35% at the moment leaves the stock -10.02% off its SMA200. ATEX registered 4.34% gain for a year compared to 6-month loss of -23.84%. The firm has a 50-day simple moving average (SMA 50) of $32.1862 and a 200-day simple moving average (SMA200) of $34.439625.
The stock witnessed a -7.69% gain in the last 1 month and extending the period to 3 months gives it a -5.95%, and is 7.60% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.44% over the week and 4.87% over the month.
Anterix Inc (ATEX) has around 86 employees, a market worth around $576.98M and $5.61M in sales. Profit margin for the company is -666.54%. Distance from 52-week low is 13.23% and -26.93% from its 52-week high. The company has generated returns on investments over the last 12 months (-26.15%).
with sales reaching $1.81M over the same period.The EPS is expected to shrink by -457.78% this year, but quarterly earnings will post 52.27% year-over-year. Quarterly sales are estimated to grow 42.30% in year-over-year returns.
Anterix Inc (ATEX) Top Institutional Holders
192.0 institutions hold shares in Anterix Inc (ATEX), with institutional investors hold 86.87% of the company’s shares. The shares outstanding are 18.62M, and float is at 17.97M with Short Float at 3.75%. Institutions hold 85.08% of the Float.
The top institutional shareholder in the company is OWL CREEK ASSET MANAGEMENT, L.P. with over 5.41 million shares valued at $214.25 million. The investor’s holdings represent 28.8394% of the ATEX Shares outstanding. As of 2024-06-30, the second largest holder is HEARD CAPITAL LLC with 1.77 million shares valued at $70.18 million to account for 9.4467 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 1.11 million shares representing 5.9167% and valued at over $43.96 million, while VANGUARD GROUP INC holds 4.4686 of the shares totaling 0.84 million with a market value of $33.2 million.
Anterix Inc (ATEX) Insider Activity
The most recent transaction is an insider sale by OBRIEN MORGAN E, the company’s Executive Chairman. SEC filings show that OBRIEN MORGAN E sold 13,609 shares of the company’s common stock on Dec 16 ’24 at a price of $33.44 per share for a total of $0.46 million. Following the sale, the insider now owns 23973.0 shares.
Still, SEC filings show that on Dec 05 ’24, Fleischhauer Mark (Director) acquired 3,500 shares at an average price of $34.19 for $0.12 million. The insider now directly holds 3,500 shares of Anterix Inc (ATEX).
