Los Angeles Capital Management LLC Has $369,000 Stock Holdings in Anterix Inc. (NASDAQ:ATEX)

Los Angeles Capital Management LLC raised its stake in shares of Anterix Inc. (NASDAQ:ATEX) by 25.8% during the 3rd quarter, HoldingsChannel reports. The firm owned 9,800 shares of the company’s stock after purchasing an additional 2,009 shares during the quarter. Los Angeles Capital Management LLC’s holdings in Anterix were worth $369,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC acquired a new stake in shares of Anterix in the second quarter worth $28,000. nVerses Capital LLC acquired a new stake in shares of Anterix in the third quarter worth $45,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Anterix in the second quarter worth $92,000. Jupiter Asset Management Ltd. acquired a new stake in shares of Anterix in the second quarter worth $200,000. Finally, The Manufacturers Life Insurance Company acquired a new stake in shares of Anterix in the second quarter worth $203,000. Institutional investors and hedge funds own 87.67% of the company’s stock.

Analyst Ratings Changes

ATEX has been the topic of several research analyst reports. JPMorgan Chase & Co. raised their price objective on shares of Anterix from $60.00 to $61.00 and gave the stock an “overweight” rating in a research note on Thursday, August 8th. Craig Hallum raised Anterix to a “strong-buy” rating in a research report on Wednesday, October 9th.

Anterix Price Performance

Shares of ATEX stock opened at $33.61 on Monday. The stock has a market cap of $625.82 million, a P/E ratio of -16.64 and a beta of 0.85. Anterix Inc. has a one year low of $29.12 and a one year high of $42.41. The stock has a fifty day moving average price of $35.15 and a 200 day moving average price of $35.50.

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.