Sierra Wireless, Inc. (TSE:SW) (NASDAQ:SWIR) Director Jason W. Cohenour sold 5,649 shares of the business’s stock in a transaction on Monday, February 26th. The stock was sold at an average price of C$16.43, for a total transaction of C$92,813.07.
Shares of Sierra Wireless, Inc. (TSE SW) traded up C$0.18 during trading on Thursday, reaching C$21.33. 67,556 shares of the company’s stock traded hands, compared to its average volume of 167,864. The company has a market cap of $680.73, a price-to-earnings ratio of 132.31 and a beta of 2.44. Sierra Wireless, Inc. has a 12-month low of C$19.06 and a 12-month high of C$43.16.
Separately, Raymond James Financial raised shares of 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.
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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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