Jennifer Wong Sells 20,000 Shares of Aritzia Inc. (TSE:ATZ) Stock

Key Points

• Jennifer Wong, a director at Aritzia Inc., sold 20,000 shares of the company on July 23rd for a total value of C$1,510,000.
• Aritzia's stock is currently trading at C$74.75 with a market capitalization of C$8.92 billion and a P/E ratio of 65.68.
• Analysts have recently upgraded price targets for Aritzia, with Canaccord Genuity setting a target of C$95.00 and a consensus rating of "Moderate Buy."

Aritzia Inc. (TSE:ATZ - Get Free Report) Director Jennifer Wong sold 20,000 shares of Aritzia stock in a transaction dated Wednesday, July 23rd. The stock was sold at an average price of C$75.50, for a total value of C$1,510,000.00.

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

• On Monday, July 21st, Jennifer Wong sold 30,000 shares of Aritzia stock. The stock was sold at an average price of C$75.00, for a total value of C$2,250,000.00.
• On Wednesday, July 16th, Jennifer Wong sold 18,594 shares of Aritzia stock. The stock was sold at an average price of C$72.18, for a total value of C$1,342,114.92.
• On Wednesday, May 28th, Jennifer Wong sold 15,000 shares of Aritzia stock. The stock was sold at an average price of C$68.25, for a total value of C$1,023,750.00.

Aritzia Stock Performance

ATZ traded down C$0.98 on Tuesday, hitting C$73.84. The company had a trading volume of 369,042 shares, compared to its average volume of 649,015. The company's fifty day moving average price is C$69.90 and its 200 day moving average price is C$62.36. Aritzia Inc. has a 1-year low of C$36.51 and a 1-year high of C$78.88. The company has a debt-to-equity ratio of 93.51, a current ratio of 1.29 and a quick ratio of 0.19. The stock has a market cap of C$8.81 billion, a price-to-earnings ratio of 64.88, a price-to-earnings-growth ratio of 1.19 and a beta of 1.83.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on ATZ shares. Raymond James Financial raised their price objective on Aritzia from C$78.00 to C$87.00 and gave the stock an "outperform" rating in a research report on Friday, July 11th. BMO Capital Markets raised their price objective on Aritzia from C$80.00 to C$84.00 in a research report on Thursday, July 10th. Desjardins raised their price objective on Aritzia from C$66.00 to C$84.00 and gave the stock a "buy" rating in a research report on Wednesday, July 9th. UBS Group raised their price objective 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 objective on Aritzia from C$84.00 to C$95.00 and gave the stock 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's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average 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.