Plustick Management Increases Stake in Anterix
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 30 2026
0mins
Source: NASDAQ.COM
- Share Acquisition: Plustick Management acquired 499,596 shares of Anterix in Q1 2026, with an estimated trade value of $15.81 million, indicating strong confidence in the company's future prospects.
- AUM Impact: This transaction resulted in an approximately 8% increase in reported assets under management (AUM), with a quarter-end position value of $19.08 million, reflecting both new shares and price appreciation.
- Market Potential: Anterix has approximately $123 million in contracted proceeds outstanding and a prospective opportunity pipeline nearing $3 billion, highlighting its robust growth potential in the utility and critical infrastructure sectors.
- Debt-Free Position: Anterix ended December with no debt and nearly $30 million in cash, reporting a nine-month profit of $72.1 million, indicating strong financial health and the potential to convert its large pipeline into signed contracts.
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Analyst Views on ATEX
Wall Street analysts forecast ATEX stock price to fall
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 81.000
Low
44.00
Averages
44.00
High
44.00
Current: 81.000
Low
44.00
Averages
44.00
High
44.00
About ATEX
Anterix Inc. is engaged in mission-critical private wireless broadband spectrum for the utility sector. It delivers more secure, private 900 MHz licensed spectrum and advanced intelligent infrastructure solutions. It is a holder of licensed spectrum in the 900 MHz band (896-901/935-940 MHz) throughout the contiguous United States, plus Hawaii, Alaska and Puerto Rico. It is focused on commercializing its spectrum assets and expanding the advanced intelligent infrastructure solutions designed to enhance efficiency, strengthen resilience, and accelerate digital transformation to enable its targeted utility and critical infrastructure customers to deploy private broadband networks. It provides transformative broadband solutions for critical infrastructure industries and enterprises, including private wireless connectivity on 900 MHz spectrum and communications platforms. It owns licenses of the 399 channels in the 900 MHz band in over 20 metropolitan market areas in the United States.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Anterix CFO's Stock Sale Raises Investor Interest
- Transaction Overview: Anterix CFO Elena Marquez sold 4,291 shares of common stock on June 17, 2026, for approximately $341,000, reflecting a routine liquidity management operation by company executives.
- Ownership Changes: This sale reduced Marquez's direct holdings by 19% to 18,387 shares, while she retains 2,454 stock options, indicating ongoing economic exposure to the company.
- Market Reaction: Anterix's stock has surged over 170% in the past year, and while this sale appears to be a routine liquidity event, investors should remain focused on the company's unique position in the utility communications market.
- Future Outlook: Anterix recently signed new spectrum sale agreements totaling $23.9 million with companies like CPS Energy, prompting investors to consider whether the company can continue converting its spectrum assets into long-term contracts and stable revenue streams.
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- Cash Flow Performance: Anterix Inc generated positive cash flows in fiscal 2026, collecting $127 million, exceeding the anticipated $80 million, indicating strong market performance and financial health.
- Contract Signing Growth: The company signed four new utility contracts within three months, including CPS Energy and Texas-New Mexico Power, demonstrating strong market traction and customer trust in its offerings.
- Robust Financial Position: Ending the fiscal year with over $98 million in cash and no debt, Anterix Inc showcases a solid financial foundation that provides security for future expansions and investments.
- Market Opportunities: Interest in the CatalyX offering has more than doubled since February, indicating an increasing market potential and customer commitment in the private broadband connectivity sector.
See More
Anterix Earnings Call Highlights for Q4 FY 2026
- Financial Performance Boost: Anterix generated positive cash flows in fiscal 2026, collecting $127 million, exceeding the $80 million expectation, with year-end cash over $98 million and no debt, indicating a significant improvement in financial health.
- Customer Contract Growth: Within just three months, Anterix signed four new utility contracts, including CPS Energy and Texas-New Mexico Power in Texas, with two customers moving directly to 10 megahertz agreements post-FCC ruling, highlighting strong market demand.
- Leadership Change: The appointment of new Chief Revenue Officer Kim Kerr aims to enhance the company's commercial execution to support the next phase of growth, reflecting Anterix's proactive positioning for future development.
- Technical Validation Progress: The company is investigating the application of 900 megahertz spectrum for direct-to-device satellite capabilities, with initial testing proving successful, marking a transition from concept to early technical validation, potentially laying the groundwork for future productization.
See More
Anterix (ATEX) Q4 2026 Earnings Transcript
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Anterix Q4 Earnings Beat Expectations with Significant Revenue Growth
- Earnings Performance: Anterix reported a Q4 GAAP EPS of $0.98, missing expectations by $0.39, indicating pressure on profitability; however, the full-year GAAP EPS of $4.83 reflects overall financial health.
- Revenue Growth: Spectrum revenue reached $1.96 million, a 41% year-over-year increase, exceeding market expectations by $0.39 million, showcasing the company's strong performance and growth potential in the sector.
- Financial Position: As of March 31, 2026, Anterix had $98.5 million in cash and cash equivalents with no debt, demonstrating solid liquidity and financial stability that supports future investments and expansion efforts.
- Restricted Cash: The company holds a restricted cash balance of $6.1 million in escrow deposits, indicating a cautious approach to fund management while providing financial security for upcoming projects.
See More
Anterix Reports Significant Q4 Profit Increase
- Significant Profit Increase: Anterix Inc. reported a fourth-quarter profit of $18.52 million, translating to earnings per share of $0.98, a substantial rise from last year's $9.21 million and $0.49 per share, indicating a marked improvement in the company's profitability.
- Strong Revenue Growth: The company's revenue for the fourth quarter reached $1.96 million, up 41% from $1.39 million last year, reflecting robust business expansion and strong market demand.
- Performance Comparison: Anterix's earnings and revenue have shown significant growth compared to the same period last year, suggesting enhanced competitiveness and operational efficiency, which may attract more investor interest.
- Positive Future Outlook: With ongoing operational optimization and market share expansion, the company is expected to maintain its growth momentum in upcoming quarters, strengthening its position and influence in the industry.
See More
Anterix CFO's Stock Sale Raises Investor Interest
- Transaction Overview: Anterix CFO Elena Marquez sold 4,291 shares of common stock on June 17, 2026, for approximately $341,000, reflecting a routine liquidity management operation by company executives.
- Ownership Changes: This sale reduced Marquez's direct holdings by 19% to 18,387 shares, while she retains 2,454 stock options, indicating ongoing economic exposure to the company.
- Market Reaction: Anterix's stock has surged over 170% in the past year, and while this sale appears to be a routine liquidity event, investors should remain focused on the company's unique position in the utility communications market.
- Future Outlook: Anterix recently signed new spectrum sale agreements totaling $23.9 million with companies like CPS Energy, prompting investors to consider whether the company can continue converting its spectrum assets into long-term contracts and stable revenue streams.
See More
Anterix Reports Strong Financial Performance with Positive Cash Flow
- Cash Flow Performance: Anterix Inc generated positive cash flows in fiscal 2026, collecting $127 million, exceeding the anticipated $80 million, indicating strong market performance and financial health.
- Contract Signing Growth: The company signed four new utility contracts within three months, including CPS Energy and Texas-New Mexico Power, demonstrating strong market traction and customer trust in its offerings.
- Robust Financial Position: Ending the fiscal year with over $98 million in cash and no debt, Anterix Inc showcases a solid financial foundation that provides security for future expansions and investments.
- Market Opportunities: Interest in the CatalyX offering has more than doubled since February, indicating an increasing market potential and customer commitment in the private broadband connectivity sector.
See More
Anterix Earnings Call Highlights for Q4 FY 2026
- Financial Performance Boost: Anterix generated positive cash flows in fiscal 2026, collecting $127 million, exceeding the $80 million expectation, with year-end cash over $98 million and no debt, indicating a significant improvement in financial health.
- Customer Contract Growth: Within just three months, Anterix signed four new utility contracts, including CPS Energy and Texas-New Mexico Power in Texas, with two customers moving directly to 10 megahertz agreements post-FCC ruling, highlighting strong market demand.
- Leadership Change: The appointment of new Chief Revenue Officer Kim Kerr aims to enhance the company's commercial execution to support the next phase of growth, reflecting Anterix's proactive positioning for future development.
- Technical Validation Progress: The company is investigating the application of 900 megahertz spectrum for direct-to-device satellite capabilities, with initial testing proving successful, marking a transition from concept to early technical validation, potentially laying the groundwork for future productization.
See More
Anterix (ATEX) Q4 2026 Earnings Transcript
See More
Anterix Q4 Earnings Beat Expectations with Significant Revenue Growth
- Earnings Performance: Anterix reported a Q4 GAAP EPS of $0.98, missing expectations by $0.39, indicating pressure on profitability; however, the full-year GAAP EPS of $4.83 reflects overall financial health.
- Revenue Growth: Spectrum revenue reached $1.96 million, a 41% year-over-year increase, exceeding market expectations by $0.39 million, showcasing the company's strong performance and growth potential in the sector.
- Financial Position: As of March 31, 2026, Anterix had $98.5 million in cash and cash equivalents with no debt, demonstrating solid liquidity and financial stability that supports future investments and expansion efforts.
- Restricted Cash: The company holds a restricted cash balance of $6.1 million in escrow deposits, indicating a cautious approach to fund management while providing financial security for upcoming projects.
See More
Anterix Reports Significant Q4 Profit Increase
- Significant Profit Increase: Anterix Inc. reported a fourth-quarter profit of $18.52 million, translating to earnings per share of $0.98, a substantial rise from last year's $9.21 million and $0.49 per share, indicating a marked improvement in the company's profitability.
- Strong Revenue Growth: The company's revenue for the fourth quarter reached $1.96 million, up 41% from $1.39 million last year, reflecting robust business expansion and strong market demand.
- Performance Comparison: Anterix's earnings and revenue have shown significant growth compared to the same period last year, suggesting enhanced competitiveness and operational efficiency, which may attract more investor interest.
- Positive Future Outlook: With ongoing operational optimization and market share expansion, the company is expected to maintain its growth momentum in upcoming quarters, strengthening its position and influence in the industry.
See More
