Sierra Wireless, Inc. (SW) Director Charles E. Levine Sells 6,723 Shares
Sierra Wireless, Inc. (TSE:SW) (NASDAQ:SWIR) Director Charles E. Levine sold 6,723 shares of Sierra Wireless stock in a transaction dated Tuesday, February 20th. The stock was sold at an average price of C$16.05, for a total value of C$107,904.15.
Sierra Wireless, Inc. (TSE:SW) traded down C$0.58 on Thursday, hitting C$20.08. The stock had a trading volume of 103,642 shares, compared to its average volume of 174,324. The stock has a market capitalization of $645.20, a P/E ratio of 125.50 and a beta of 2.39. Sierra Wireless, Inc. has a 1 year low of C$19.06 and a 1 year high of C$43.16.
Several research analysts have recently commented on the company. Raymond James Financial upgraded Sierra Wireless from a “market perform” rating to an “outperform” rating and set a C$38.00 price objective on the stock in a report on Monday, November 27th. TD Securities decreased their price objective on Sierra Wireless to C$36.00 and set a “hold” rating on the stock in a report on Friday, November 3rd.
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.
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