Sierra Wireless, Inc. (TSE:SW) Insider David Gordon Mclennan Sells 2,637 Shares

Sierra Wireless, Inc. (TSE:SW) (NASDAQ:SWIR) insider David Gordon Mclennan sold 2,637 shares of the business’s stock in a transaction on Thursday, February 8th. The stock was sold at an average price of C$23.29, for a total transaction of C$61,415.73.

Sierra Wireless, Inc. (SW) opened at C$20.66 on Thursday. The firm has a market cap of $645.20, a price-to-earnings ratio of 125.56 and a beta of 2.39. Sierra Wireless, Inc. has a 1-year low of C$19.06 and a 1-year high of C$43.16.

SW has been the subject of several analyst reports. TD Securities dropped their target price on shares of Sierra Wireless to C$36.00 and set a “hold” rating for the company in a report on Friday, November 3rd. Raymond James Financial upgraded shares of Sierra Wireless from a “market perform” rating to an “outperform” rating and set a C$38.00 price target on the stock in a research report on Monday, November 27th.

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Sierra Wireless Company Profile

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.

Insider Buying and Selling by Quarter for Sierra Wireless (TSE:SW)

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