Gena Ashe Sells Shares of Anterix Inc. (NASDAQ: ATEX)
Anterix's Chief Legal Officer, Gena Ashe, sold 15,657 shares valued at $1.29 million.
Key Points
- Gena Ashe, Anterix's Chief Legal Officer, sold 15,657 shares for $1.29 million on June 15, 2026.
- Anterix Inc. has a market cap of $1.47 billion, a P/E ratio of 16.1, and a 52-week high of $88.12.
- B. Riley Securities downgraded Anterix to 'hold' with a $69 price target on June 4, 2026.
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Gena Ashe, the Chief Legal Officer and Corporate Secretary at Anterix Inc. (NASDAQ: ATEX), sold 15,657 shares of the company on June 15, 2026. The shares were sold at an average price of $82.50, totaling approximately $1.29 million. This transaction was not part of a pre-planned trading program.
Insider Buying and Selling at Anterix Inc.
In addition to Ashe's sale, other insider transactions occurred around the same time. On June 15, 2026, Scott Lang, the President and CEO, bought 138,318 shares at $33.13 each. Meanwhile, Mahvash Yazdi sold 7,000 shares at $80.00 on June 16, 2026. These transactions reflect a mix of buying and selling activity by Anterix's management.
Anterix Inc. Stock Down 18.6%
Shares of Anterix Inc. (NASDAQ: ATEX) are trading near $78.40. The company has a market capitalization of approximately $1.47 billion and a P/E ratio of 16.1. Anterix's stock has experienced a 52-week range between $17.58 and $88.12. The company's 50-day moving average is $55.14, with a 200-day moving average of $33.10. Anterix maintains a current ratio of 3.33 and a quick ratio of 3.03, with a debt-to-equity ratio of 1.69.
$ATEX stock price
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Analysts Set New Price Targets
On June 4, 2026, B. Riley Securities downgraded Anterix to a 'hold' rating with a price target of $69. The consensus among analysts is a 'buy' recommendation, with a mean target price of $80. Anterix has three analyst opinions contributing to this consensus.
About Anterix Inc.
Anterix Inc. is a company in the telecom services industry, focusing on the commercialization of spectrum assets. It enables utility and critical infrastructure customers to deploy private broadband networks. Anterix offers solutions like CatalyX and holds licensed spectrum in the 900 MHz band across the United States, including Hawaii, Alaska, and Puerto Rico. Founded in 1997, the company is headquartered in Woodland Park, New Jersey, and led by CEO Scott A. Lang.
Bottom Line
Gena Ashe's recent sale of Anterix shares is part of a broader pattern of both buying and selling by company insiders. Anterix's stock remains a focus for investors due to its telecom services and spectrum assets. As always, remember that insider transactions are disclosed after the fact and may not indicate future company performance.
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