Aritzia Inc. (TSE:ATZ) Senior Officer Sells C$187,884.54 in Stock

Aritzia Inc. (TSE:ATZ - Get Free Report) Senior Officer Todd Jeremy Ingledew sold 2,603 shares of the company's stock in a transaction dated Wednesday, July 16th. The shares were sold at an average price of C$72.18, for a total transaction of C$187,884.54.

Todd Jeremy Ingledew also recently made the following trade(s):

• On Tuesday, May 27th, Todd Jeremy Ingledew sold 30,000 shares of Aritzia stock. The stock was sold at an average price of C$67.92, for a total transaction of C$2,037,600.00.

Aritzia Price Performance

Shares of ATZ stock traded up C$1.33 during mid-day trading on Friday, reaching C$75.31. The stock had a trading volume of 528,591 shares, compared to its average volume of 664,821. The business has a 50-day simple moving average of C$68.88 and a 200 day simple moving average of C$61.65. Aritzia Inc. has a 12-month low of C$36.51 and a 12-month high of C$78.88. The company has a market cap of C$8.98 billion, a P/E ratio of 66.17, a price-to-earnings-growth ratio of 1.19 and a beta of 1.83. 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 Analysts Forecast Growth

Several equities analysts have commented on the stock. Canaccord Genuity Group increased their price target on shares of Aritzia from C$84.00 to C$95.00 and gave the company a "buy" rating in a research note on Friday, July 11th. Royal Bank Of Canada increased their price target on shares of Aritzia from C$85.00 to C$94.00 in a research note on Sunday, July 13th. Desjardins increased their price target on shares of Aritzia from C$66.00 to C$84.00 and gave the company a "buy" rating in a research note on Wednesday, July 9th. BMO Capital Markets increased their price target on shares of Aritzia from C$80.00 to C$84.00 in a research note on Thursday, July 10th. Finally, CIBC raised their target price on shares of Aritzia from C$79.00 to C$87.00 in a research report on Friday, July 11th. One research analyst has rated the stock with a sell rating and eight have issued a buy rating to the company. According to MarketBeat.com, Aritzia has an average rating of "Moderate Buy" and a consensus target price of C$82.40.

About Aritzia

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.