Anterix (NASDAQ:ATEX) Chairman Thomas Kuhn Sells 1,654 Shares

Posted by Stanley Muller on Aug 27th, 2026

Anterix Inc. (NASDAQ:ATEX – Get Free Report) Chairman Thomas Kuhn sold 1,654 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $79.52, for a total transaction of $131,526.08. Following the completion of the sale, the chairman directly owned 17,731 shares of the company’s stock, valued at $1,409,969.12. The trade was a 8.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Anterix Trading Up 1.9%

Shares of NASDAQ ATEX opened at $94.16 on Thursday. Anterix Inc. has a 12-month low of $17.58 and a 12-month high of $113.00. The stock’s fifty day simple moving average is $95.10 and its two-hundred day simple moving average is $64.01. The stock has a market capitalization of $1.85 billion, a PE ratio of 26.90 and a beta of 0.85.

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

Institutional Trading of Anterix

Several large investors have recently bought and sold shares of ATEX. California State Teachers Retirement System raised its holdings in shares of Anterix by 2,570.8% in the second quarter. California State Teachers Retirement System now owns 16,265 shares of the company’s stock worth $1,674,000 after buying an additional 15,656 shares during the last quarter. Wellington Management Group LLP acquired a new position in shares of Anterix in the 2nd quarter valued at $3,192,000. Proficio Capital Partners LLC purchased a new position in Anterix in the 2nd quarter worth $309,000. Panoramic Capital LLC purchased a new position in Anterix in the 2nd quarter worth $15,892,000. Finally, Bank of America Corp DE acquired a new stake in Anterix during the 2nd quarter worth about $13,865,000. Hedge funds and other institutional investors own 87.67% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on ATEX. Wall Street Zen lowered shares of Anterix from a “hold” rating to a “sell” rating in a research note on Saturday, August 15th. Weiss Ratings raised shares of Anterix from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, June 26th. DA Davidson set a $161.00 price target on Anterix in a research report on Friday, August 21st. Clear Str upgraded Anterix to a “strong-buy” rating in a report on Monday, July 27th. Finally, JPMorgan Chase & Co. lowered their price objective on Anterix from $133.00 to $130.00 and set an “overweight” rating for the company in a research report on Thursday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, Anterix has a consensus rating of “Moderate Buy” and a consensus target price of $120.00.

Read Our Latest Stock Report on Anterix

Anterix Company Profile

(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.