Sierra Wireless, Inc. (TSE:SW) (NASDAQ:SWIR) insider David Gordon Mclennan sold 2,637 shares of the company’s stock in a transaction dated Thursday, February 8th. The shares were sold at an average price of C$23.29, for a total value of C$61,415.73.
Shares of Sierra Wireless, Inc. (TSE:SW) opened at C$20.32 on Friday. Sierra Wireless, Inc. has a fifty-two week low of C$19.06 and a fifty-two week high of C$43.16. The stock has a market capitalization of $655.03, a PE ratio of 127.00 and a beta of 2.39.
Several equities research analysts have issued reports on the company. TD Securities lowered their price target on Sierra Wireless to C$36.00 and set a “hold” rating for the company in a 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 price target for the company in a report on Monday, November 27th.
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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.
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