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 business’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of C$46.00, for a total value of C$920,000.00.

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

• 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 %

Shares of ATZ stock opened at C$45.51 on Friday. The company has a market capitalization of C$4.18 billion, a PE ratio of 66.93, a price-to-earnings-growth ratio of 1.19 and a beta of 1.83. Aritzia Inc. has a 52-week low of C$22.88 and a 52-week high of C$51.80. The business’s fifty day moving average is C$46.82 and its 200 day moving average is C$42.40. The company has a debt-to-equity ratio of 97.38, a quick ratio of 0.19 and a current ratio of 1.40.

Aritzia (TSE:ATZ) last released its quarterly earnings results on Thursday, October 10th. The company reported C$0.11 earnings per share for the quarter, missing the consensus estimate of C$0.13 by C($0.02). Aritzia had a net margin of 3.26% and a return on equity of 9.84%. The business had revenue of C$615.66 million during the quarter, compared to analysts’ expectations of C$581.10 million. On average, equities research analysts anticipate that Aritzia Inc. will post 1.7771148 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have commented on ATZ shares. Canaccord Genuity Group upped their price objective on shares of Aritzia from C$46.00 to C$52.00 and gave the company a “buy” rating in a report on Monday, July 29th. Stifel Nicolaus upped 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 cut their price objective on shares of Aritzia from C$60.00 to C$58.00 in a report on Friday, October 11th. BMO Capital Markets boosted their target price on shares of Aritzia from C$52.00 to C$57.00 in a report on Friday, October 11th. Finally, Royal Bank of Canada raised Aritzia from a “sector perform” rating to an “outperform” rating in a report on Thursday, October 31st. Seven investment analysts have rated the stock with a buy rating, According to MarketBeat.com, Aritzia currently has an average rating of “Buy” and a consensus price target 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.