Sierra Wireless, Inc. (TSE:SW) (NASDAQ:SWIR) Director Kent Paul Thexton purchased 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 8th. The shares were acquired at an average cost of C$24.55 per share, for a total transaction of C$49,100.00.
Shares of Sierra Wireless, Inc. (TSE:SW) opened at C$24.86 on Friday. Sierra Wireless, Inc. has a 12 month low of C$19.65 and a 12 month high of C$43.16.
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Separately, TD Securities reduced their target price on shares of Sierra Wireless to C$36.00 and set a “hold” rating on the stock in a research note on Friday, November 3rd. Five equities research analysts have rated the stock with a hold rating, Sierra Wireless has a consensus rating of “Hold” and an average price target of C$30.00.
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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