Kirr Marbach & Co. LLC IN Has $2.83 Million Stock Position in Anterix Inc. (NASDAQ:ATEX)

Kirr Marbach & Co. LLC IN cut its holdings in shares of Anterix Inc. (NASDAQ:ATEX) by 4.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 92,411 shares of the company’s stock after selling 3,880 shares during the period. Kirr Marbach & Co. LLC IN owned approximately 0.50% of Anterix worth $2,834,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in ATEX. Renaissance Technologies LLC bought a new position in Anterix during the 2nd quarter valued at $1,334,000. Marshall Wace LLP lifted its position in shares of Anterix by 250.2% during the second quarter. Marshall Wace LLP now owns 58,652 shares of the company’s stock valued at $2,322,000 after purchasing an additional 41,905 shares in the last quarter. Cubist Systematic Strategies LLC purchased a new position in Anterix during the second quarter worth about $362,000. Squarepoint Ops LLC grew its position in Anterix by 4.6% in the 2nd quarter. Squarepoint Ops LLC now owns 26,261 shares of the company’s stock worth $1,040,000 after purchasing an additional 1,159 shares in the last quarter. Finally, AQR Capital Management LLC increased its stake in Anterix by 17.2% in the 2nd quarter. AQR Capital Management LLC now owns 10,779 shares of the company’s stock valued at $427,000 after buying an additional 1,578 shares during the last quarter. Institutional investors and hedge funds own 87.67% of the company’s stock.

Anterix Stock Performance

ATEX opened at $29.45 on Wednesday. Anterix Inc. has a fifty-two week low of $27.37 and a fifty-two week high of $42.41. The firm has a 50-day moving average of $31.47 and a 200 day moving average of $34.70.

Insider Activity

In other news, Director Mark Fleischhauer acquired 3,500 shares of the firm’s stock in a transaction that occurred on Thursday, December 5th. The stock was bought at an average price of $34.19 per share, with a total value of $119,665.00. Following the acquisition, the director now owns 3,500 shares in the company, valued at $119,665. The trade was a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Leslie B. Daniels acquired 2,000 shares of the company’s stock in a transaction on Wednesday, November 20th. The shares were acquired at an average cost of $32.75 per share, for a total transaction of $65,500.00. Following the completion of the acquisition, the director now owns 2,000 shares of the company’s stock, valued at approximately $65,500. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 45.61% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Craig Hallum upgraded Anterix to a “strong-buy” rating in a research note on Wednesday, October 9th.

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.