William Heard Sells 46,400 Shares of Anterix (NASDAQ:ATEX) Stock

Posted by Brian Himes on Aug 20th, 2026

Anterix Inc. (NASDAQ:ATEX – Get Free Report) Director William Heard sold 46,400 shares of Anterix stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $90.11, for a total value of $4,181,104.00. Following the sale, the director directly owned 1,670,338 shares in the company, valued at $150,514,157.18. This trade represents a 2.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Anterix Trading Down 2.3%

NASDAQ ATEX opened at $88.68 on Thursday. Anterix Inc. has a 12 month low of $17.58 and a 12 month high of $113.00. The stock has a market cap of $1.74 billion, a PE ratio of 25.34 and a beta of 0.85. The stock’s 50 day moving average is $94.07 and its 200 day moving average is $61.75.

Anterix (NASDAQ:ATEX – Get Free Report) last announced its quarterly earnings data on Tuesday, August 11th. The company reported $0.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.43) by $0.44. The business had revenue of $1.96 million during the quarter, compared to analyst estimates of $2.00 million. Anterix had a net margin of 933.03% and a negative return on equity of 10.65%. On average, analysts forecast that Anterix Inc. will post -2 EPS for the current fiscal year.

Analyst Ratings Changes

ATEX has been the topic of a number of research reports. JPMorgan Chase & Co. reduced their price target on shares of Anterix from $133.00 to $130.00 and set an “overweight” rating on the stock in a report on Thursday, August 13th. Weiss Ratings raised shares of Anterix from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, June 26th. B. Riley Financial lowered Anterix from a “buy” rating to a “neutral” rating and raised their price objective for the company from $44.00 to $69.00 in a research report on Thursday, June 4th. Wall Street Zen cut Anterix from a “hold” rating to a “sell” rating in a report on Saturday, August 15th. Finally, Clear Str upgraded Anterix to a “strong-buy” rating in a research report on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $99.50.

Check Out Our Latest Analysis on ATEX

Institutional Investors Weigh In On Anterix

Institutional investors have recently made changes to their positions in the company. Wellington Management Group LLP bought a new position in Anterix during the 2nd quarter valued at about $3,192,000. Proficio Capital Partners LLC bought a new stake in Anterix in the second quarter worth about $309,000. Panoramic Capital LLC purchased a new position in shares of Anterix during the second quarter valued at approximately $15,892,000. Bank of America Corp DE purchased a new position in shares of Anterix during the second quarter valued at approximately $13,865,000. Finally, Jupiter Topco LLC bought a new position in shares of Anterix during the second quarter valued at approximately $68,189,000. Institutional investors own 87.67% of the company’s stock.

About Anterix

(Get Free Report)

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.