Anterix Inc’s recently made public that its Chief Financial Officer Gray Timothy unloaded Company’s shares for reported $0.54 million on May 03 ’24. In the deal valued at $32.26 per share,16,666 shares were sold. As a result of this transaction, Gray Timothy now holds 90,475 shares worth roughly $3.5 million.
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Then, Gray Timothy sold 16,667 shares, generating $534,964 in total proceeds. Upon selling the shares at $32.10, the Chief Financial Officer now owns 90,475 shares.
Before that, Gray Timothy sold 16,667 shares. Anterix Inc shares valued at $531,844 were divested by the Chief Financial Officer at a price of $31.91 per share. As a result of the transaction, Gray Timothy now holds 90,475 shares, worth roughly $3.5 million.
JP Morgan upgraded its Anterix Inc [ATEX] rating to an Overweight from a a Neutral in a research note published on February 17, 2021; the price target was increased to $50 from $40. A number of analysts have revised their coverage, including JP Morgan’s analysts, who increased its forecast for the stock in early February from “an Underweight” to “a Neutral”. JP Morgan also remained covering ATEX and has decreased its forecast on November 18, 2020 with a “an Underweight” recommendation from previously “Neutral” rating. JP Morgan started covering the stock on February 03, 2020. It rated ATEX as “a Neutral”.
Price Performance Review of ATEX
On Friday, Anterix Inc [NASDAQ:ATEX] saw its stock fall -0.15% to $38.65. Over the last five days, the stock has gained 6.47%. Anterix Inc shares have risen nearly 16.00% since the year began. Nevertheless, the stocks have risen 14.21% over the past one year. While a 52-week high of $42.41 was reached on 07/16/24, a 52-week low of $28.70 was recorded on 01/19/24. SMA at 50 days reached $38.50, while 200 days put it at $34.62.
Levels Of Support And Resistance For ATEX Stock
The 24-hour chart illustrates a support level at 38.15, which if violated will result in even more drops to 37.66. On the upside, there is a resistance level at 39.26. A further resistance level may holdings at 39.88. The Relative Strength Index (RSI) on the 14-day chart is 59.98, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.82, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 13.12%. Stochastics %K at 82.98% indicates the stock is a selling.
How much short interest is there in Anterix Inc?
A steep rise in short interest was recorded in Anterix Inc stocks on 2024-08-30, growing by 0.12 million shares to a total of 0.82 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-31 was 0.7 million shares. There was a rise of 14.12%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on November 11, 2019 when Morgan Stanley began covering the stock and recommended ‘”an Equal-weight”‘ rating along with a $50 price target.
