Insider Selling: Aritzia Inc. (TSE:ATZ) Director Sells 18,594 Shares of Stock

Aritzia Inc. (TSE:ATZ) Director Jennifer Wong sold 18,594 shares of Aritzia stock in a transaction that occurred on Wednesday, July 16th. The shares were 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 Up 1.8%

Shares of TSE:ATZ opened at C$75.31 on Friday. The company has a quick ratio of 0.19, a current ratio of 1.29 and a debt-to-equity ratio of 93.51. Aritzia Inc. has a 52-week low of C$36.51 and a 52-week high of C$78.88. The stock’s fifty day simple moving average is C$68.88 and its 200-day simple moving average is C$61.59. The company has a market capitalization of C$8.98 billion, a P/E ratio of 66.17, a P/E/G ratio of 1.19 and a beta of 1.83.

Analysts Set New Price Targets

A number of analysts have commented on the company. Stifel Nicolaus boosted their target price on Aritzia from C$67.00 to C$82.00 in a research report on Friday, July 11th. Desjardins raised their price target on Aritzia from C$66.00 to C$84.00 and gave the company a “buy” rating in a research report on Wednesday, July 9th. BMO Capital Markets raised their price target on Aritzia from C$80.00 to C$84.00 in a research report on Thursday, July 10th. UBS Group raised their price target on Aritzia from C$61.00 to C$66.00 in a research report on Friday, May 2nd. Finally, Canaccord Genuity Group raised their price target on Aritzia from C$84.00 to C$95.00 and gave the company a “buy” rating in a research report on Friday, July 11th. One research analyst has rated the stock with a sell rating and eight have assigned a buy rating to the company. According to data from MarketBeat, Aritzia 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.