Insider Selling: Aritzia Inc. (TSE:ATZ) Senior Officer Sells 30,000 Shares of Stock

Aritzia Inc. (TSE:ATZ - Get Free Report) Senior Officer Todd Jeremy Ingledew sold 30,000 shares of Aritzia stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of C$67.92, for a total value of C$2,037,600.00.

Aritzia Stock Down 1.4%

ATZ traded down C$0.95 on Friday, hitting C$66.01. The company had a trading volume of 407,557 shares, compared to its average volume of 732,003. The stock has a fifty day moving average price of C$53.01 and a 200-day moving average price of C$56.47. Aritzia Inc. has a 12-month low of C$31.88 and a 12-month high of C$73.44. The company has a debt-to-equity ratio of 93.51, a quick ratio of 0.19 and a current ratio of 1.29. The stock has a market capitalization of C$7.87 billion, a price-to-earnings ratio of 58.00, a P/E/G ratio of 1.19 and a beta of 1.83.

Wall Street Analysts Forecast Growth

ATZ has been the subject of several research analyst reports. Canaccord Genuity Group decreased their target price on Aritzia from C$70.00 to C$64.00 and set a "buy" rating for the company in a research report on Friday, May 2nd. CIBC lifted their price objective on Aritzia from C$57.00 to C$66.00 in a report on Friday, May 2nd. Royal Bank of Canada lifted their price objective on Aritzia from C$65.00 to C$68.00 and gave the company an "outperform" rating in a report on Sunday, May 4th. UBS Group lifted their price objective on Aritzia from C$61.00 to C$66.00 in a report on Friday, May 2nd. Finally, Stifel Nicolaus decreased their price objective on Aritzia from C$73.00 to C$66.00 and set a "buy" rating for the company in a report on Friday, May 2nd. One analyst has rated the stock with a sell rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of C$64.50.

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.