On December 16, 2024, Morgan Obrien, Executive Chairman of Anterix Inc (ATEX, Financial), sold 13,609 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 23,973 shares of the company.
Anterix Inc (ATEX) is a company that focuses on providing transformative broadband solutions for critical infrastructure industries and enterprises. The company is known for its efforts in enabling private broadband networks, which are essential for modernizing and securing critical infrastructure.
Over the past year, Morgan Obrien has sold a total of 13,609 shares and has not purchased any shares. The insider transaction history for Anterix Inc shows that there have been two insider buys and three insider sells over the same timeframe.
On the day of the recent sale, shares of Anterix Inc were trading at $33.44, giving the stock a market cap of $578.098 million. The stock's GF Value is estimated at $105.35, resulting in a price-to-GF-Value ratio of 0.32. This suggests that the stock is considered a "Possible Value Trap, Think Twice" based on its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on the following three factors:
- Historical multiples (price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow) that the stock has traded at.
- A GuruFocus adjustment factor based on the company’s past returns and growth.
- Future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
