Sierra Wireless, Inc. (TSE:SW) (NASDAQ:SWIR) insider David Gordon Mclennan sold 2,637 shares of the company’s stock in a transaction that occurred on Thursday, February 8th. The shares were sold at an average price of C$23.29, for a total value of C$61,415.73.
Sierra Wireless, Inc. (TSE SW) opened at C$20.43 on Wednesday. Sierra Wireless, Inc. has a twelve month low of C$19.06 and a twelve month high of C$43.16. The stock has a market capitalization of $660.53, a P/E ratio of 127.69 and a beta of 2.39.
A number of equities research analysts recently commented on SW shares. TD Securities dropped their target price on Sierra Wireless to C$36.00 and set a “hold” rating on the stock in a research report on Friday, November 3rd. Raymond James Financial upgraded 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 report on Monday, November 27th.
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.
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