Aritzia Inc. (TSE:ATZ) Senior Officer Sells C$6,348,026.56 in Stock

Aritzia Inc. (TSE:ATZ) Senior Officer David John Maciver sold 173,254 shares of the firm’s stock in a transaction on Monday, May 6th. The shares were sold at an average price of C$36.64, for a total transaction of C$6,348,026.56.

Aritzia Stock Performance

Shares of TSE:ATZ traded down C$0.98 during trading on Thursday, reaching C$35.30. 248,216 shares of the stock were exchanged, compared to its average volume of 393,758. The stock has a 50-day moving average price of C$35.60 and a 200-day moving average price of C$31.33. The firm has a market cap of C$3.18 billion, a PE ratio of 43.58, a PEG ratio of 1.19 and a beta of 1.85. Aritzia Inc. has a 12 month low of C$20.67 and a 12 month high of C$41.25. The company has a current ratio of 1.32, a quick ratio of 0.19 and a debt-to-equity ratio of 103.38.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Stifel Nicolaus raised their price objective on Aritzia from C$34.00 to C$42.00 in a report on Wednesday, April 3rd. CIBC upped their price objective on Aritzia from C$37.00 to C$41.00 and gave the stock an “outperform” rating in a research note on Friday, May 3rd. Raymond James decreased their target price on shares of Aritzia from C$46.00 to C$43.00 and set an “outperform” rating for the company in a research note on Friday, May 3rd. UBS Group upped their price target on shares of Aritzia from C$39.00 to C$50.00 in a research report on Thursday, February 8th. Finally, Canaccord Genuity Group lifted their price objective on shares of Aritzia from C$38.00 to C$40.00 and gave the company a “buy” rating in a research report on Friday, May 3rd. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of C$41.60.

Aritzia Company Profile

Aritzia Inc, together with its subsidiaries, designs and sells apparel and accessories for women in the United States and Canada. The company offers t-shirts and tops, sweaters, shirts and blouses, bodysuits, sweatshirts, blazers, jacket and coats, and dresses; pants, denim, leggings and bike shorts, sweatpants, skirts, shorts, sweatshorts, and jumpsuits and rompers; accessories, such as socks, hats, bags, scarves, belts, and intimates; swimwear; and shoes.