In a report released today, George Sutton from Craig-Hallum reiterated a Buy rating on Anterix (ATEX – Research Report), with a price target of $100.00. The company’s shares closed yesterday at $39.70.
Sutton covers the Technology sector, focusing on stocks such as Cantaloupe, MoneyLion, and Agilysys. According to TipRanks, Sutton has an average return of 11.5% and a 51.38% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Anterix with a $100.00 average price target.
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The company has a one-year high of $40.45 and a one-year low of $27.20. Currently, Anterix has an average volume of 126.9K.
Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ATEX in relation to earlier this year.
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Anterix (ATEX) Company Description:
Anterix, Inc., doing business as Anterix, is a wireless communications company, which engages in the spectrum assets to enable targeted critical infrastructure and enterprise customers to deploy private broadband networks, technologies, and solutions. Its products include teamconnect, pdvconnect, and diga-talk plus application. The company was founded by Peter Joel Lasensky and Richard Edward Rohmann in 1997 and is headquartered in Woodland Park, NJ.
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