Allspring Global Investments Holdings LLC Purchases 949 Shares of Anterix Inc. (NASDAQ:ATEX)

Allspring Global Investments Holdings LLC boosted its position in shares of Anterix Inc. (NASDAQ:ATEX) by 8.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,029 shares of the company’s stock after acquiring an additional 949 shares during the quarter. Allspring Global Investments Holdings LLC owned 0.06% of Anterix worth $440,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Millennium Management LLC raised its position in Anterix by 20.2% during the fourth quarter. Millennium Management LLC now owns 77,330 shares of the company’s stock worth $2,372,000 after acquiring an additional 13,017 shares in the last quarter. Sei Investments Co. bought a new stake in Anterix during the fourth quarter worth $294,000. SG Americas Securities LLC raised its position in Anterix by 23.6% during the first quarter. SG Americas Securities LLC now owns 25,192 shares of the company’s stock worth $922,000 after acquiring an additional 4,805 shares in the last quarter. Intech Investment Management LLC bought a new stake in Anterix during the fourth quarter worth $254,000. Finally, Nuveen Asset Management LLC raised its position in Anterix by 26.4% during the fourth quarter. Nuveen Asset Management LLC now owns 185,573 shares of the company’s stock worth $5,692,000 after acquiring an additional 38,770 shares in the last quarter. 87.67% of the stock is owned by institutional investors.

Anterix Price Performance

Shares of ATEX opened at $24.13 on Friday. The firm has a market capitalization of $451.23 million, a PE ratio of -38.30 and a beta of 0.87. The company’s 50-day moving average is $27.28 and its 200-day moving average is $31.36. Anterix Inc. has a fifty-two week low of $23.93 and a fifty-two week high of $42.91.

Anterix (NASDAQ:ATEX) last issued its quarterly earnings data on Tuesday, June 24th. The company reported ($0.36) earnings per share for the quarter, beating the consensus estimate of ($0.48) by $0.12. The company had revenue of $1.39 million for the quarter, compared to analyst estimates of $1.71 million. Anterix had a negative net margin of 188.56% and a negative return on equity of 29.71%. During the same period in the prior year, the firm earned ($0.62) earnings per share. Analysts predict that Anterix Inc. will post -1.53 earnings per share for the current fiscal year.

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.