Insider Selling: Aritzia Inc. (TSE:ATZ) Director Sells C$1,342,114.92 in Stock

Aritzia Inc. (TSE:ATZ) Director Jennifer Wong sold 18,594 shares of the stock in a transaction dated Wednesday, July 16th. The stock was sold at an average price of C$72.18, for a total value of C$1,342,114.92.

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

• On Wednesday, May 28th, Jennifer Wong sold 15,000 shares of Aritzia stock. The shares were sold at an average price of C$68.25, for a total value of C$1,023,750.00.

Aritzia Stock Performance

Shares of ATZ opened at C$74.77 on Tuesday. The stock has a market capitalization of C$8.92 billion, a price-to-earnings ratio of 65.70, a PEG ratio of 1.19 and a beta of 1.83. The firm has a fifty day simple moving average of C$68.88 and a 200 day simple moving average of C$61.71. Aritzia Inc. has a 12 month low of C$36.51 and a 12 month high of C$78.88. The company has a current ratio of 1.29, a quick ratio of 0.19 and a debt-to-equity ratio of 93.51.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. Desjardins raised their price objective on Aritzia from C$66.00 to C$84.00 and gave the stock a “buy” rating in a research report on Wednesday, July 9th. Stifel Nicolaus increased their target price on shares of Aritzia from C$67.00 to C$82.00 in a research note on Friday, July 11th. CIBC raised their price objective on shares of Aritzia from C$79.00 to C$87.00 in a research note on Friday, July 11th. TD Securities boosted their price objective on shares of Aritzia from C$81.00 to C$93.00 and gave the stock a “buy” rating in a report on Friday, July 11th. Finally, Royal Bank Of Canada boosted their target price on shares of Aritzia from C$85.00 to C$94.00 in a research note on Sunday, July 13th. One analyst has rated the stock with a sell rating and eight have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of C$82.40.

Aritzia Company Profile

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.