Sierra Wireless, Inc. (SW) Insider Sells C$68,700.00 in Stock
Sierra Wireless, Inc. (TSE:SW) (NASDAQ:SWIR) insider Pierre Jean Benoit Teyssier sold 3,000 shares of the company’s stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of C$22.90, for a total transaction of C$68,700.00.
Pierre Jean Benoit Teyssier also recently made the following trade(s):
- On Monday, August 14th, Pierre Jean Benoit Teyssier sold 3,000 shares of Sierra Wireless stock. The shares were sold at an average price of C$23.30, for a total transaction of C$69,900.00.
Shares of Sierra Wireless, Inc. (TSE SW) traded down 0.94% on Wednesday, hitting $28.44. 65,468 shares of the company’s stock were exchanged. The firm has a market cap of $908.63 million and a P/E ratio of 44.65. The stock’s 50 day moving average is $35.25 and its 200 day moving average is $35.52. Sierra Wireless, Inc. has a 12 month low of $16.48 and a 12 month high of $43.16.
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SW has been the topic of a number of analyst reports. BMO Capital Markets restated a “market perform” rating and set a C$30.00 target price on shares of Sierra Wireless in a research report on Friday, May 5th. Royal Bank Of Canada increased their target price on shares of Sierra Wireless to C$34.00 and gave the stock a “sector perform” rating in a research report on Wednesday, May 3rd. Four research analysts have rated the stock with a hold rating, Sierra Wireless has an average rating of “Hold” and an average target price of C$28.50.
Sierra Wireless Company Profile
Sierra Wireless, Inc, together with its subsidiaries, engages in building the Internet of Things (IoT) with intelligent wireless solutions in North America, Europe, and the Asia Pacific. It operates in three segments: Original Equipment Manufacturer (OEM) Solutions, Enterprise Solutions, and Cloud and Connectivity Services.
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