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Anterix Inc. (NASDAQ:ATEX) CEO Scott A. Lang, according to a Form 4 filing with the Securities and Exchange Commission, purchased 4,650 shares of the company’s common stock on September 18, 2025. The insider purchase comes as the stock trades near its 52-week low of $20.61, having declined over 44% in the past six months.
The shares were bought at a price of $21.28, totaling $98,952. Following the transaction, Lang directly owns 4,650 shares of Anterix. According to InvestingPro data, analysts maintain a strong bullish outlook with price targets ranging from $44 to $72, while the company maintains a healthy balance sheet with more cash than debt. Get access to 8 more exclusive InvestingPro Tips and comprehensive valuation metrics with an InvestingPro subscription.
In other recent news, Anterix reported its first-quarter earnings for 2025, revealing a notable earnings per share (EPS) of $1.35, significantly surpassing the forecast of -$0.55. This resulted in a surprising 345.45% beat against expectations. However, the company’s revenue came in at $1.42 million, which was below the anticipated $1.57 million, marking a 9.55% shortfall. Additionally, Anterix announced changes in its executive team with Heather Martin stepping in as Chief Marketing Officer and Chief of Staff, while Elena Marquez has been appointed as Chief Financial Officer. Marquez has been with Anterix for four years, previously serving as Vice President of Finance and Controller. She takes over from Tim Gray, who is leaving to explore other opportunities. Marquez’s background includes senior finance roles at multinational companies like Prudential Financial. These developments indicate a period of transition and adjustment for Anterix as it seeks to drive innovation in its sector.
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