Insider Selling: Aritzia Inc. (TSE:ATZ) Director Sells 20,000 Shares of Stock

Aritzia Inc. (TSE:ATZ) Director Jennifer Wong sold 20,000 shares of the firm’s stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of C$46.50, for a total transaction of C$930,000.00.

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

• On Monday, November 11th, 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 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 Trading Down 0.3 %

ATZ traded down C$0.14 during mid-day trading on Monday, hitting C$45.37. 223,468 shares of the stock were exchanged, compared to its average volume of 356,693. The company has a market cap of C$4.17 billion, a PE ratio of 66.72, a PEG ratio of 1.19 and a beta of 1.83. The company has a current ratio of 1.40, a quick ratio of 0.19 and a debt-to-equity ratio of 97.38. The firm’s fifty day moving average is C$46.82 and its two-hundred day moving average is C$42.45. Aritzia Inc. has a 1-year low of C$22.88 and a 1-year high of C$51.80.

Aritzia (TSE:ATZ) last announced its quarterly earnings data on Thursday, October 10th. The company reported C$0.11 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.13 by C($0.02). The business had revenue of C$615.66 million during the quarter, compared to analyst estimates of C$581.10 million. Aritzia had a net margin of 3.26% and a return on equity of 9.84%. Equities analysts forecast that Aritzia Inc. will post 1.7771148 earnings per share for the current fiscal year.

Analyst Ratings Changes

ATZ has been the topic of a number of research analyst reports. Stifel Nicolaus lifted their price target on shares of Aritzia from C$50.00 to C$58.00 in a research note on Friday, October 11th. TD Securities dropped their price target on Aritzia from C$60.00 to C$58.00 in a research report on Friday, October 11th. Canaccord Genuity Group upped their target price on shares of Aritzia from C$46.00 to C$52.00 and gave the stock a “buy” rating in a report on Monday, July 29th. Royal Bank of Canada raised shares of Aritzia from a “sector perform” rating to an “outperform” rating in a research note on Thursday, October 31st. Finally, BMO Capital Markets boosted their target price on Aritzia from C$52.00 to C$57.00 in a report on Friday, October 11th. Seven analysts have rated the stock with a buy rating, According to MarketBeat.com, Aritzia presently has an average rating of “Buy” and an average target price of C$55.38.

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.