Sierra Wireless, Inc. (TSE:SW) (NASDAQ:SWIR) Director Paul G. Cataford sold 3,326 shares of the company’s stock in a transaction that occurred on Tuesday, February 13th. The shares were sold at an average price of C$20.37, for a total value of C$67,750.62.
Shares of Sierra Wireless, Inc. (TSE SW) opened at C$20.30 on Thursday. Sierra Wireless, Inc. has a 12 month low of C$19.06 and a 12 month high of C$43.16. The firm has a market capitalization of $655.03, a price-to-earnings ratio of 126.88 and a beta of 2.39.
Several equities analysts have recently commented on the company. TD Securities decreased 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 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 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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