Smarter Analyst

A Major Shareholder at pdvWireless, Inc. (ATEX) is Buying Shares

Today, a Major Shareholder at pdvWireless, Inc. (ATEX), Owl Creek Asset Management, L.P., bought shares of ATEX for $19.25M.

Following this transaction Owl Creek Asset Management, L.P.’s holding in the company was increased by 16.18% to a total of $137 million. Following Owl Creek Asset Management, L.P.’s last ATEX Buy transaction on August 10, 2018, the stock climbed by 12.2%.

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Currently, pdvWireless, Inc. has an average volume of 180.8K.

Starting in July 2018, ATEX received 8 Buy ratings in a row.

The insider sentiment on pdvWireless, Inc. has been negative according to 33 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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pdvWireless, Inc., doing business as Anterix, is a wireless communications company, which engages in the spectrum assets to enable targeted critical infrastructure and enterprise customers to deploy private broadband networks, technologies, and solutions. Its products include teamconnect, pdvconnect, and diga-talk plus application.