Paul G. Cataford Sells 3,326 Shares of Sierra Wireless, Inc. (SW) Stock
Sierra Wireless, Inc. (TSE:SW) (NASDAQ:SWIR) Director Paul G. Cataford sold 3,326 shares of the 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.
Shares of Sierra Wireless, Inc. (TSE:SW) traded down C$0.05 on Tuesday, hitting C$20.43. The company had a trading volume of 201,453 shares, compared to its average volume of 168,446. The stock has a market cap of $660.53, a price-to-earnings ratio of 127.69 and a beta of 2.39. Sierra Wireless, Inc. has a twelve month low of C$19.06 and a twelve month high of C$43.16.
SW has been the topic of several research reports. TD Securities cut their target price on Sierra Wireless to C$36.00 and set a “hold” rating on the stock in a research 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 target price on the stock in a research report on Monday, November 27th.
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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