Anterix (ATEX) President and CEO Scott Lang Sells $14K of Stock

Scott Lang, the President and CEO of Anterix Inc. (NasdaqCM: ATEX), sold 170 shares of the company on June 18, 2026. The shares were sold at an average price of $80.25 each, totaling $13,642.50. This transaction was not part of a pre-planned trading program.

Insider Buying and Selling at Anterix Inc.

Scott Lang's recent sale of 170 shares was not the only insider activity at Anterix. On June 17, 2026, Elena Marquez, the Chief Financial Officer, purchased 1,226 shares at $40.00 each. On the same day, she sold 4,291 shares at $79.50. Additionally, Mahvash Yazdi sold 7,000 shares at $80.00 on June 16, and Gena Ashe, Chief Legal Officer & Corp Secretary, sold 15,657 shares at $82.50 on June 15.

Other Institutional Activity in Anterix

Several institutional investors have also been active with Anterix shares. BlackRock, Inc. reduced its holdings by 11,132 shares, leaving it with 1,007,143 shares valued at about $38.5 million, a 1.1% decrease. Meanwhile, Vanguard Capital Management LLC opened a new position with 573,847 shares valued at approximately $21.9 million. PlusTick Management LLC also initiated a new stake with 499,596 shares, worth about $19.1 million.

Anterix Inc. Stock Down 12.4%

Shares of Anterix Inc. traded near $74.00 on Tuesday. The company has a market capitalization of approximately $1.41 billion and a P/E ratio of 15.4. Over the past year, the stock has ranged from a low of $17.58 to a high of $88.12. Its 50-day moving average stands at $56.56, with a 200-day moving average of $33.64. 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 and set a price target of $69. Previously, Craig-Hallum reiterated a 'buy' rating with a $100 price target. The consensus among analysts is a 'buy' rating, with an average target price of $80.00 based on three analyst opinions.

About Anterix Inc.

Anterix Inc., headquartered in Woodland Park, New Jersey, focuses on commercializing spectrum assets. Its offerings include CatalyX, a spectrum platform, and rural broadband services. The company holds licensed spectrum in the 900 MHz band across the contiguous United States, Hawaii, Alaska, and Puerto Rico. Founded in 1997, Anterix was formerly known as pdvWireless, Inc. and rebranded in 2019.

Bottom Line

Insider transactions at Anterix, including CEO Scott Lang's recent sale, are closely watched by investors. While 13F filings provide a backward-looking view of institutional holdings, they help gauge investor sentiment. Anterix's stock performance, analyst ratings, and insider activities are key factors for market participants monitoring the company's future prospects.