Sierra Wireless, Inc. (TSE:SW) (NASDAQ:SWIR) Director Paul G. Cataford sold 3,326 shares of the company’s stock in a transaction on Tuesday, February 13th. The stock was sold at an average price of C$20.37, for a total value of C$67,750.62.
Sierra Wireless, Inc. (TSE SW) opened at C$20.30 on Thursday. The stock has a market capitalization of $655.03, a price-to-earnings ratio of 126.88 and a beta of 2.39. Sierra Wireless, Inc. has a 12-month low of C$19.06 and a 12-month high of C$43.16.
A number of research analysts have recently commented on SW shares. Raymond James Financial upgraded Sierra Wireless from a “market perform” rating to an “outperform” rating and set a C$38.00 price target for the company in a research note on Monday, November 27th. TD Securities dropped their price target on Sierra Wireless to C$36.00 and set a “hold” rating for the company in a research note on Friday, November 3rd.
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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