Anterix (NASDAQ:ATEX) Shares Gap Up – Here’s What Happened

31 Jan 2026, 01:04 by Danessa Lincoln · The Markets Daily

Anterix Inc. (NASDAQ:ATEX – Get Free Report)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $25.93, but opened at $27.20. Anterix shares last traded at $27.1270, with a volume of 444,691 shares.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. lowered their target price on shares of Anterix from $67.00 to $50.00 and set an “overweight” rating on the stock in a research note on Friday, October 17th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Anterix in a research report on Wednesday, January 21st. Finally, Zacks Research upgraded Anterix from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 7th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $50.00.

View Our Latest Stock Analysis on ATEX

Anterix Price Performance

The stock has a market cap of $491.51 million, a PE ratio of 5.14 and a beta of 0.86. The stock’s fifty day moving average is $22.52 and its 200-day moving average is $21.80.

Anterix (NASDAQ:ATEX – Get Free Report) last issued its quarterly earnings data on Wednesday, November 12th. The company reported ($0.14) EPS for the quarter, topping the consensus estimate of ($0.65) by $0.51. The firm had revenue of $1.55 million for the quarter, compared to analyst estimates of $1.43 million. Anterix had a net margin of 1,614.08% and a negative return on equity of 14.95%. On average, sell-side analysts expect that Anterix Inc. will post -1.53 EPS for the current fiscal year.

Insider Activity at Anterix

In other Anterix news, CEO Scott A. Lang bought 2,450 shares of Anterix stock in a transaction on Monday, December 8th. The shares were bought at an average cost of $20.41 per share, for a total transaction of $50,004.50. Following the acquisition, the chief executive officer directly owned 7,100 shares in the company, valued at $144,911. This represents a 52.69% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Gena L. Ashe sold 6,564 shares of Anterix stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $21.07, for a total value of $138,303.48. Following the completion of the transaction, the insider owned 13,366 shares of the company’s stock, valued at approximately $281,621.62. This trade represents a 32.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 45.61% of the company’s stock.

Institutional Trading of Anterix

Several large investors have recently bought and sold shares of ATEX. AYAL Capital Advisors Ltd grew its stake in Anterix by 143.4% in the 2nd quarter. AYAL Capital Advisors Ltd now owns 240,171 shares of the company’s stock valued at $6,160,000 after acquiring an additional 141,500 shares during the last quarter. Gamco Investors INC. ET AL raised its position in Anterix by 35.0% during the second quarter. Gamco Investors INC. ET AL now owns 273,425 shares of the company’s stock worth $7,013,000 after acquiring an additional 70,855 shares during the last quarter. Y Intercept Hong Kong Ltd purchased a new stake in shares of Anterix in the second quarter valued at about $1,588,000. Geode Capital Management LLC grew its position in shares of Anterix by 8.7% in the second quarter. Geode Capital Management LLC now owns 383,557 shares of the company’s stock valued at $9,840,000 after purchasing an additional 30,575 shares during the last quarter. Finally, Gabelli Funds LLC increased its stake in shares of Anterix by 29.4% during the 2nd quarter. Gabelli Funds LLC now owns 188,152 shares of the company’s stock worth $4,826,000 after purchasing an additional 42,752 shares in the last quarter. Institutional investors and hedge funds 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.