Insider Selling: Aritzia Inc. (TSE:ATZ) Director Sells 12,609 Shares of Stock

Aritzia Inc. (TSE:ATZ) Director Jennifer Wong sold 12,609 shares of the business’s stock in a transaction on Friday, January 17th. The stock was sold at an average price of C$68.75, for a total value of C$866,868.75.

Jennifer Wong also recently made the following trade(s):

• On Monday, November 18th, Jennifer Wong sold 20,000 shares of Aritzia stock. The shares were sold at an average price of C$46.00, for a total value of C$920,000.00.
• On Wednesday, November 13th, Jennifer Wong sold 20,000 shares of Aritzia stock. The shares were sold at an average price of C$46.50, for a total value of C$930,000.00.
• On Monday, November 11th, Jennifer Wong sold 20,000 shares of Aritzia stock. The stock was sold at an average price of C$46.00, for a total transaction of C$920,000.00.
• On Friday, November 8th, Jennifer Wong sold 2,000 shares of Aritzia stock. The stock was sold at an average price of C$46.00, for a total value of C$92,000.00.

Aritzia Stock Down 1.0 %

TSE:ATZ traded down C$0.68 on Friday, hitting C$67.86. The stock had a trading volume of 417,918 shares, compared to its average volume of 881,343. The company has a quick ratio of 0.19, a current ratio of 1.40 and a debt-to-equity ratio of 97.38. Aritzia Inc. has a 52 week low of C$31.82 and a 52 week high of C$69.00. The business’s fifty day moving average is C$51.52 and its 200 day moving average is C$47.30. The company has a market cap of C$6.23 billion, a PE ratio of 99.79, a P/E/G ratio of 1.19 and a beta of 1.83.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Raymond James increased their price target on Aritzia from C$58.00 to C$65.00 and gave the company a “market perform” rating in a research note on Monday. Royal Bank of Canada increased their target price on shares of Aritzia from C$65.00 to C$73.00 and gave the company an “outperform” rating in a research report on Monday. TD Securities raised their price target on shares of Aritzia from C$68.00 to C$75.00 and gave the stock a “buy” rating in a report on Sunday, January 12th. BMO Capital Markets upped their price objective on shares of Aritzia from C$60.00 to C$65.00 and gave the company an “outperform” rating in a research note on Thursday, January 9th. Finally, Canaccord Genuity Group boosted their target price on shares of Aritzia from C$62.00 to C$70.00 and gave the company a “buy” rating in a report on Sunday, January 12th. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of C$66.56.

Aritzia Company Profile

Aritzia Inc, together with its subsidiaries, designs, develops, and sells apparels and accessories for women in the United States and Canada. The company offers activewear, blazers and suiting, bodysuits, denim, dresses, jackets and coats, jumpsuits and rompers, leggings and bike shorts, pants, shirts and blouses, shorts, skirts, sweaters, and sweatpants, sweatshirts, hoodies, and sweats, as well as t-shirts, tops, intimates, bra tops, leaotards.