Anterix Insider Sells Over 120,000 Shares

Christopher Guttman-Mccabe, the Chief Regulatory and Communications Officer at Anterix Inc. (NasdaqCM:ATEX), sold 122,852 shares of the company on June 15, 2026. The stock was trading near $78.40 at the time of the transaction. This move was not part of a pre-planned trading arrangement.

Insider Buying and Selling at Anterix Inc.

In addition to Guttman-Mccabe's sale, Mahvash Yazdi sold 7,000 shares on June 16, while Gena Ashe, the Chief Legal Officer, executed multiple transactions on June 15, selling shares at different prices and also purchasing 29,368 shares at $43.99. Scott Lang, President and CEO, also bought 138,318 shares at $33.13 on June 15.

Other Institutional Activity in Anterix

In recent institutional activity, Owl Creek Asset Management maintained its position in Anterix with 5,411,776 shares valued at approximately $206.68 million. Heard Capital also held steady at 1,716,738 shares worth $65.56 million. BlackRock, Inc. trimmed its holdings by 11,132 shares, ending with 1,007,143 shares valued at about $38.46 million. Vanguard Capital Management acquired 573,847 shares, bringing its total to the same amount, valued at $21.92 million. Plustick Management also entered with 499,596 shares worth $19.08 million.

Anterix Inc. Stock Down 15.1%

Shares of Anterix Inc. are currently trading near $78.40. The company has a market cap of approximately $1.47 billion and a P/E ratio of 16.07. Its stock has seen a 52-week low of $17.58 and a high of $88.12. The 50-day moving average stands at $55.14, while the 200-day moving average is $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.

Analysts Set New Price Targets

On June 4, 2026, B. Riley Securities downgraded Anterix to a hold rating, setting a price target of $69. JP Morgan, on October 17, 2025, maintained its buy rating with a target of $50. The consensus among analysts is a buy rating, with a mean price target of $80, based on three analyst opinions.

About Anterix Inc.

Anterix Inc., headquartered in Woodland Park, New Jersey, is a telecom services company focusing on commercializing spectrum assets. It enables utility and critical infrastructure customers to deploy private broadband networks. The company offers a range of services, including CatalyX and rural broadband services, and holds licensed spectrum in the 900 MHz band across the U.S., including Alaska, Hawaii, and Puerto Rico. Led by CEO Scott A. Lang, Anterix was incorporated in 1997 and was formerly known as pdvWireless, Inc.

Bottom Line

Christopher Guttman-Mccabe's recent sale of over 120,000 shares of Anterix highlights notable insider activity at the company. Investors often track such transactions for potential insights, even though they aren't necessarily indicative of future stock performance. Anterix's strategic focus on spectrum assets positions it within the telecom services sector, and recent analyst actions suggest a mixed outlook with a consensus buy rating.