Insider Selling: Sierra Wireless, Inc. (TSE:SW) Director Sells 5,649 Shares of Stock

Sierra Wireless, Inc. (TSE:SW) (NASDAQ:SWIR) Director Jason W. Cohenour sold 5,649 shares of the company’s stock in a transaction on Friday, November 17th. The shares were sold at an average price of C$19.03, for a total value of C$107,500.47.

Sierra Wireless, Inc. (SW) opened at C$27.89 on Monday. Sierra Wireless, Inc. has a 1 year low of C$19.75 and a 1 year high of C$43.16.

Several equities analysts recently issued reports on the company. Raymond James Financial raised Sierra Wireless from a “market perform” rating to an “outperform” rating and set a C$38.00 target price on the stock in a research note on Monday, November 27th. TD Securities cut their price target on Sierra Wireless to C$36.00 and set a “hold” rating on the stock in a report on Friday, November 3rd. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of C$31.60.

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Sierra Wireless Company Profile

Sierra Wireless, Inc is engaged in building the Internet of Things (IoT) with wireless solutions for organizations. The Company’s OEM Solution segment offers cellular embedded wireless modules for IoT connectivity, including an embedded application framework to support customer applications. The Company’s Enterprise Solution segment offers intelligent routers and gateways, including management tools and applications that enable cellular connectivity.

Insider Buying and Selling by Quarter for Sierra Wireless (TSE:SW)

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