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 the stock in a transaction on 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 shares were 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 shares were sold at an average price of C$68.25, for a total transaction of C$1,023,750.00.

Aritzia Stock Performance

Shares of TSE ATZ traded up C$0.71 during trading on Friday, reaching C$74.75. 190,909 shares of the stock traded hands, compared to its average volume of 653,702. The company has a 50-day moving average of C$69.55 and a 200-day moving average of C$62.11. The stock has a market capitalization of C$8.92 billion, a P/E ratio of 65.68, a price-to-earnings-growth ratio of 1.19 and a beta of 1.83. The company has a debt-to-equity ratio of 93.51, a current ratio of 1.29 and a quick ratio of 0.19. Aritzia Inc. has a 52-week low of C$36.51 and a 52-week high of C$78.88.

Wall Street Analyst Weigh In

ATZ has been the topic of a number of recent analyst reports. BMO Capital Markets lifted their price objective on Aritzia from C$80.00 to C$84.00 in a research note on Thursday, July 10th. Stifel Nicolaus lifted their target price on Aritzia from C$67.00 to C$82.00 in a report on Friday, July 11th. Canaccord Genuity Group lifted their target price on Aritzia from C$84.00 to C$95.00 and gave the stock a "buy" rating in a report on Friday, July 11th. UBS Group boosted their price objective on Aritzia from C$61.00 to C$66.00 in a report on Friday, May 2nd. Finally, TD Securities boosted their price objective on Aritzia from C$81.00 to C$93.00 and gave the company a "buy" rating in a report on Friday, July 11th. One equities research analyst has rated the stock with a sell rating and eight have given a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target 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.

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