Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Anterix Inc shares valued at $455,085 were sold by OBRIEN MORGAN E on Dec 16 ’24. At $33.44 per share, OBRIEN MORGAN E sold 13,609 shares. The insider’s holdings dropped to 23,973 shares worth approximately $0.71 million following the completion of this transaction.
Also, OBRIEN MORGAN E purchased 13,609 shares, netting a total of over 454,852 in proceeds.
Before that, Fleischhauer Mark had added 3,500 shares to its account. In a trade valued at $119,665, the Director bought Anterix Inc shares for $34.19 each. Upon closing the transaction, the insider’s holdings increased to 3,500 shares, worth approximately $0.1 million.
As published in a research note from JP Morgan on February 17, 2021, Anterix Inc [ATEX] has been rated up from a Neutral to an Overweight and the price target has been revised to $50 from $40. Analysts at JP Morgan upgraded the stock from ‘”an Underweight”‘ to ‘”a Neutral”‘ outlook in a report released in early February. As of November 18, 2020, JP Morgan has decreased its “Neutral” rating to a “an Underweight” for ATEX. Earlier on February 03, 2020, JP Morgan initiated its rating. Their recommendation was “a Neutral” for ATEX stock.
Analyzing ATEX Stock Performance
During the last five days, there has been a drop of approximately -3.03%. Over the course of the year, Anterix Inc shares have dropped approximately -3.03%. Shares of the company reached a 52-week high of $31.35 on 01/02/25 and a 52-week low of $28.80 on 01/08/25. A 50-day SMA is recorded $32.71, while a 200-day SMA reached $34.58. Nevertheless, trading volume fell to 81560.0 shares from 0.11 million shares the previous day.
Support And Resistance Levels for Anterix Inc (ATEX)
According to the 24-hour chart, there is a support level at 29.10, which, if violated, would cause prices to drop to 28.45. In the upper region, resistance lies at 30.09. The next price resistance is at 30.43. RSI (Relative Strength Index) is 35.23 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.88, which suggests the price will decrease in the coming days. Percent R is at 71.01%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
