Kirr Marbach & Co. LLC IN Purchases 34,425 Shares of Anterix Inc. (NASDAQ:ATEX)

Kirr Marbach & Co. LLC IN grew its stake in shares of Anterix Inc. (NASDAQ:ATEX) by 54.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 97,985 shares of the company’s stock after buying an additional 34,425 shares during the quarter. Kirr Marbach & Co. LLC IN’s holdings in Anterix were worth $3,265,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Royal Bank of Canada raised its holdings in shares of Anterix by 49.6% in the 2nd quarter. Royal Bank of Canada now owns 1,690 shares of the company’s stock worth $53,000 after acquiring an additional 560 shares during the last quarter. Lazard Asset Management LLC purchased a new stake in shares of Anterix during the 1st quarter worth approximately $110,000. Legal & General Group Plc increased its stake in shares of Anterix by 7.0% during the 2nd quarter. Legal & General Group Plc now owns 4,454 shares of the company’s stock worth $183,000 after purchasing an additional 292 shares during the last quarter. Barclays PLC increased its stake in shares of Anterix by 533.8% during the 4th quarter. Barclays PLC now owns 4,944 shares of the company’s stock worth $159,000 after purchasing an additional 4,164 shares during the last quarter. Finally, Citigroup Inc. increased its stake in shares of Anterix by 1,639.2% during the 2nd quarter. Citigroup Inc. now owns 5,809 shares of the company’s stock worth $184,000 after purchasing an additional 5,475 shares during the last quarter. Institutional investors and hedge funds own 87.67% of the company’s stock.

Analysts Set New Price Targets

ATEX has been the subject of a number of recent research reports. B. Riley reiterated a “buy” rating and issued a $75.00 price objective on shares of Anterix in a research note on Friday, February 16th. TheStreet raised shares of Anterix from a “d+” rating to a “c-” rating in a report on Wednesday, February 28th.

Anterix Trading Up 0.5 %

Shares of ATEX stock traded up $0.15 during mid-day trading on Tuesday, reaching $32.42. The stock had a trading volume of 19,152 shares, compared to its average volume of 109,061. The stock’s 50-day moving average price is $34.87 and its two-hundred day moving average price is $32.92. Anterix Inc. has a 52-week low of $27.20 and a 52-week high of $40.45. The firm has a market capitalization of $600.42 million, a PE ratio of 38.42 and a beta of 0.68.

Anterix (NASDAQ:ATEX) last released its quarterly earnings data on Wednesday, February 14th. The company reported ($0.55) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.61) by $0.06. Anterix had a net margin of 447.16% and a negative return on equity of 17.22%. The firm had revenue of $1.27 million for the quarter, compared to analysts’ expectations of $1.20 million. On average, equities research analysts forecast that Anterix Inc. will post -0.23 earnings per share for the current year.

About Anterix

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.