Anterix (ATEX) CFO Marquez Elena Sells $401K of Stock
Elena Marquez sold nearly 5,000 shares of Anterix Inc. for over $400,000.
Reviewed by automated data checks against the source filing. How we make and check alerts
Marquez Elena, Chief Financial Officer at Anterix Inc. ($ATEX), sold 4,981 shares at an average price of $80.43, worth about $400,606.89, on October 9, 2026. The trade was reported to the SEC in a Form 4 filing and was made under a pre-arranged Rule 10b5-1 trading plan.
Since the trade, $ATEX is down 4.8% after 1 week and down 4.8% to date (from the $84.53 close on Oct 9, 2026).
ATEX
Anterix Inc.
Key Points
- On October 9, 2026, CFO Marquez Elena sold 4,981 shares of Anterix Inc. at $80.43 each, totaling approximately $400,607.
- The stock recently traded around $84.00, which is about 2.3% below its 50-day moving average of $86.00.
- Anterix has a market cap of about $1.57 billion and a forward P/E ratio of 39.07, indicating expectations for future growth.
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On October 9, 2026, Marquez Elena, the Chief Financial Officer of Anterix Inc. (NasdaqCM: ATEX), sold 4,981 shares at a price of $80.43 each, resulting in a total value of about $400,607. This sale was planned, as indicated by the filing.
Inside Marquez Elena's Trade
Elena's sale of nearly 5,000 shares adds to a series of insider transactions at Anterix. The stock's recent trading price was around $84.00, which is 2.3% below its 50-day moving average of $86.00. This sale comes as the company prepares for its next earnings report, scheduled for November 11, 2026.
Other Institutional Activity in Anterix
Owl Creek Asset Management, L.P. holds 5,411,776 shares of Anterix, valued at about $435.5 million. T. Rowe Price Investment Management, Inc. increased its stake by 1,174,010 shares to a total of 2,348,019 shares, worth approximately $189 million. Heard Capital LLC remains steady with 1,716,738 shares, while Blackrock Inc. added 67,982 shares, bringing its total to 1,075,115 shares valued at about $86.5 million. Price (T.Rowe) Associates Inc. grew its holdings significantly, adding 742,496 shares for a total of 750,451 shares worth around $60.4 million.
Anterix Inc. Stock Down 0.6%
As of October 16, 2026, Anterix shares traded recently at about $84.00, which is 25.7% below its 52-week high of $113.00. The stock is also 377.8% above its 52-week low of $17.58. The recent trading price is above the 200-day moving average of $62.11, reflecting a strong upward trend over the longer term.
Recent Earnings
Anterix reported trailing twelve-month revenue of approximately $7.04 million, with a net margin of 933.0%. The company has a return on equity of 27.9%. The next earnings report is due on November 11, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
Analyst view held steady after the report.
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EPS & revenue
EPS missed estimates by 29.9%. Revenue beat estimates by 17.7%.
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Profit surprise
EBITDA came in 354% above estimates. Operating income came in 425% above estimates.
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Pre-earnings setup
The bar was high going in. Analysts were already very bullish.
- Analyst signal
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Earnings quality
Operating margin up 336.6 points year over year. Free cash flow was positive.
Earnings Call Summary
Anterix reported $1.958 billion in revenue, beating consensus of $1.664 billion, but much of the beat came from a $35 million license exchange gain rather than operations. The company is debt-free with $41 million cash and around $140 million in outstanding contracted proceeds. Management emphasized that seven utilities are now deploying 900 megahertz private LTE networks at scale, and an accelerator program offering matching spectrum value has drawn interest from utilities representing over $500 million in potential contract value, far exceeding the original $250 million pool. However, management declined to provide any forward guidance on timing or amounts for future quarters, citing dependence on utility customer decisions and FCC approval schedules.
Guidance Management gave no guidance for upcoming quarters. They said roughly $70 million in contracted proceeds should arrive by the end of their fiscal year, mostly in the fourth quarter. The accelerator program for utilities is oversubscribed.
Underwhelming report. Mixed results that may lead to slightly lower expectations.
Insider Buying and Selling at Anterix Inc.
Earlier this year, several insiders made notable trades. On June 15, Chief Regulatory Officer Christopher Guttman-Mccabe sold 122,852 shares, while Chief Legal Officer Gena Ashe bought 29,368 shares at an average price of $43.99. Ashe also sold 15,657 shares on the same day at $82.50 each. CEO Scott Lang sold 170 shares on June 18, 2026, at $80.25.
Analysts Set New Price Targets
On July 20, 2026, JP Morgan maintained an Overweight rating on Anterix with a price target of $133.00, which was slightly adjusted to $130.00 on August 13, 2026. The consensus from analysts gives Anterix a buy recommendation with a mean price target of $112.33 based on three opinions.
About Anterix Inc.
Anterix Inc. operates as a holder of licensed 900 MHz spectrum, serving utility and critical infrastructure clients across the U.S. and its territories. The company provides services like tower site access and connectivity management solutions. Anterix, formerly known as pdvWireless, changed its name in August 2019.
Bottom Line
As Anterix approaches its next earnings date, investors will be watching for further insider activity and how the stock performs against its recent trading range. The recent insider sale by CFO Marquez Elena reflects ongoing changes in the company's leadership stakes. Investors should also keep an eye on analyst ratings as they evolve with market conditions.
Related Filing Alerts
Source: Marquez Elena's Form 4 filing on $ATEX (Oct 9, 2026). Find the original filing: ATEX Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts