Anterix (ATEX) Projected to Post Quarterly Earnings on Tuesday

Anterix (NASDAQ:ATEX) is expected to announce its earnings results after the market closes on Tuesday, February 11th. Analysts expect the company to announce earnings of ($0.57) per share and revenue of $1.81 million for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Anterix Price Performance

NASDAQ:ATEX opened at $28.55 on Monday. The business has a 50 day moving average of $30.67 and a 200 day moving average of $34.03. The company has a market capitalization of $531.60 million, a price-to-earnings ratio of -14.13 and a beta of 0.87. Anterix has a 1-year low of $27.37 and a 1-year high of $42.41.

Insider Buying and Selling at Anterix

In other Anterix news, Director Leslie B. Daniels bought 2,000 shares of Anterix stock in a transaction dated Wednesday, November 20th. The shares were purchased at an average cost of $32.75 per share, with a total value of $65,500.00. Following the completion of the purchase, the director now owns 2,000 shares of the company’s stock, valued at approximately $65,500. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Mark Fleischhauer bought 3,500 shares of Anterix stock in a transaction dated Thursday, December 5th. The shares were acquired at an average cost of $34.19 per share, for a total transaction of $119,665.00. Following the completion of the purchase, the director now directly owns 3,500 shares of the company’s stock, valued at approximately $119,665. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 45.61% of the company’s stock.

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.