Sierra Wireless, Inc. (SW) Insider David Gordon Mclennan Sells 2,637 Shares
Sierra Wireless, Inc. (TSE:SW) (NASDAQ:SWIR) insider David Gordon Mclennan sold 2,637 shares of the business’s stock in a transaction that occurred on Thursday, February 8th. The shares were sold at an average price of C$23.29, for a total value of C$61,415.73.
Sierra Wireless, Inc. (SW) opened at C$20.43 on Wednesday. The firm has a market capitalization of $660.53, a P/E ratio of 127.69 and a beta of 2.39. Sierra Wireless, Inc. has a 52 week low of C$19.06 and a 52 week high of C$43.16.
A number of research analysts have issued reports on the company. TD Securities decreased 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 raised 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, 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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