Aritzia Inc. (TSE:ATZ) Senior Officer Sells C$340,300.00 in Stock

Aritzia Inc. (TSE:ATZ) Senior Officer David John Maciver sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, May 14th. The shares were sold at an average price of C$68.06, for a total value of C$340,300.00.

David John Maciver also recently made the following trade(s):

• On Monday, May 12th, David John Maciver sold 10,000 shares of Aritzia stock. The shares were sold at an average price of C$64.09, for a total value of C$640,900.00.

Aritzia Trading Down 0.1%

ATZ opened at C$66.25 on Friday. The company has a current ratio of 1.29, a quick ratio of 0.19 and a debt-to-equity ratio of 93.51. The firm has a market cap of C$7.90 billion, a P/E ratio of 58.21, a P/E/G ratio of 1.19 and a beta of 1.83. Aritzia Inc. has a 12 month low of C$31.88 and a 12 month high of C$73.44. The stock has a 50-day moving average of C$50.41 and a 200 day moving average of C$55.02.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on ATZ. TD Securities raised their price objective on Aritzia from C$66.00 to C$70.00 and gave the company a “buy” rating in a research report on Friday, May 2nd. Raymond James raised their price objective on Aritzia from C$55.00 to C$60.00 and gave the company an “outperform” rating in a research report on Friday, May 2nd. Royal Bank of Canada lifted their price target on Aritzia from C$65.00 to C$68.00 and gave the stock an “outperform” rating in a research report on Sunday, May 4th. Canaccord Genuity Group dropped their price target on Aritzia from C$70.00 to C$64.00 and set a “buy” rating for the company in a research report on Friday, May 2nd. Finally, CIBC lifted their price target on Aritzia from C$57.00 to C$66.00 in a research report on Friday, May 2nd. One equities research analyst has rated the stock with a sell rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, Aritzia currently has a consensus rating of “Moderate Buy” and a consensus target price of C$64.50.

About Aritzia

Aritzia Inc is an integrated design house of exclusive fashion brands. It designs apparel and accessories for its collection of exclusive brands and sells them under the Aritzia banner. The category of products offered by the firm is blouses, T-shirts, pants, dresses, sweaters, jackets and coats, skirts, shorts, jumpsuits, and accessories.