<div id="readability-page-1"><p>Anterix (NASDAQ:ATEX - Get Free Report) announced its quarterly earnings data on Wednesday. The company reported ($0.14) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.65) by $0.51, Zacks reports. Anterix had a net margin of 495.14% and a negative return on equity of 23.87%.</p><h2>Anterix Stock Performance</h2><p>Shares of ATEX stock opened at $18.35 on Thursday. The company has a 50-day simple moving average of $20.86 and a two-hundred day simple moving average of $23.75. The company has a market capitalization of $343.88 million, a price-to-earnings ratio of 11.76 and a beta of 0.80. Anterix has a 52-week low of $17.58 and a 52-week high of $42.91. </p><h2>Analysts Set New Price Targets</h2><p>Several equities research analysts have weighed in on the company. JPMorgan Chase &amp; Co. cut their target price on Anterix from $67.00 to $50.00 and set an &#34;overweight&#34; rating for the company in a research note on Friday, October 17th. Wall Street Zen cut Anterix from a &#34;hold&#34; rating to a &#34;sell&#34; rating in a report on Saturday, August 16th. Finally, Weiss Ratings  reiterated a &#34;sell (d+)&#34; rating on shares of Anterix in a report on Wednesday, October 8th. One research analyst  has rated the stock with a Buy rating and one  has issued  a Sell rating to the company. Based on data from MarketBeat, Anterix currently has a consensus rating of &#34;Hold&#34; and a consensus target price of $50.00.</p><p><b>View Our Latest Report on ATEX</b></p><h2>Insider Transactions at Anterix</h2><p>In other Anterix news, CEO Scott A. Lang bought 4,650 shares of the firm's stock in a transaction dated Thursday, September 18th. The stock was purchased at an average cost of $21.28 per share, with a total value of $98,952.00. Following the transaction, the chief executive officer directly owned 4,650 shares in the company, valued at $98,952. This trade represents a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities &amp; Exchange Commission, which is accessible through the SEC website. 45.61% of the stock is owned by company insiders. </p><h2>Institutional Trading of Anterix</h2><p>A number of large investors have recently bought and sold shares of the company. Tower Research Capital LLC TRC raised its position in shares of  Anterix by 299.3% in the second quarter. Tower Research Capital LLC TRC now owns 1,645 shares of the company's stock valued at $42,000 after purchasing an additional 1,233 shares during the period.  Quantbot Technologies LP purchased a new stake in shares of  Anterix in the third quarter worth about $57,000.  BNP Paribas Financial Markets increased its holdings in  Anterix by 119.3% during the 2nd quarter. BNP Paribas Financial Markets now owns 2,404 shares of the company's stock worth $62,000 after acquiring an additional 1,308 shares during the period.  Russell Investments Group Ltd. grew its position in shares of  Anterix by 12.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 5,760 shares of the company's stock valued at $148,000 after purchasing an additional 637 shares in the last quarter.  Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in  Anterix by 17.0% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,084 shares of the company's stock valued at $182,000 after buying an additional 1,029 shares during the period. 87.67% of the stock is owned by hedge funds and other institutional investors. </p><h2>About Anterix</h2> (Get Free Report)<p>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.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Anterix</li><li>What is a Secondary Public Offering? What Investors Need to Know</li><li>As Warren Buffett Nears His Exit, Berkshire's Amassed Record Cash</li><li>How to Choose Top Rated Stocks</li><li>Rare Earth Stocks: The Truce That Isn't a Truce</li><li>How to Calculate Inflation Rate</li><li>Carving Up Profits: 3 Food Stocks on the Thanksgiving Table</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QVRFWA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QVRFWA"/></p><h2>Should You Invest $1,000 in Anterix Right Now?</h2><p>Before you consider Anterix, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Anterix wasn't on the list.</p><p>While Anterix currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

ATEX

<p>Anterix (NASDAQ:ATEX) reported quarterly earnings, beating expectations with an EPS of ($0.14) versus the estimated ($0.65). The company has a net margin of 495.14% and a negative return on equity of 23.87%. Analysts have adjusted price targets, with JPMorgan lowering it from $67 to $50. Insider and institutional trading activities are noted, with significant stock ownership by insiders and hedge funds.</p>

Anterix (NASDAQ:ATEX) Announces Quarterly Earnings Results, Beats Expectations By $0.51 EPS