Sierra Wireless, Inc. (TSE:SW) (NASDAQ:SWIR) shares fell 2.4% during trading on Friday after TD Securities lowered their price target on the stock to C$36.00. TD Securities currently has a hold rating on the stock. Sierra Wireless traded as low as C$29.87 and last traded at C$28.06. 344,399 shares changed hands during mid-day trading, an increase of Infinity from the average session volume of 0 shares. The stock had previously closed at C$28.75.

In other news, insider Pierre Jean Benoit Teyssier sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, August 15th. The stock was sold at an average price of C$22.90, for a total value of C$68,700.00. Also, Director Jason W. Cohenour sold 11,298 shares of the firm’s stock in a transaction dated Monday, August 14th. The shares were sold at an average price of C$23.00, for a total value of C$259,854.00. Over the last 90 days, insiders sold 20,383 shares of company stock valued at $464,936.

ILLEGAL ACTIVITY WARNING: “Sierra Wireless, Inc. (SW) Trading Down 2.4% Following Analyst Downgrade” was published by TheOlympiaReport and is owned by of TheOlympiaReport. If you are accessing this news story on another website, it was copied illegally and republished in violation of U.S. & international copyright legislation. The original version of this news story can be accessed at

About Sierra Wireless

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.

Receive News & Ratings for Sierra Wireless Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sierra Wireless Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.