Insider Selling: Aritzia Inc. (TSE:ATZ) Senior Officer Sells 7,200 Shares of Stock

Aritzia Inc. (TSE:ATZ) Senior Officer Todd Jeremy Ingledew sold 7,200 shares of Aritzia stock in a transaction dated Friday, January 17th. The stock was sold at an average price of C$68.50, for a total value of C$493,200.00.

Aritzia Price Performance

Aritzia stock opened at C$69.02 on Thursday. The stock has a market cap of C$6.34 billion, a price-to-earnings ratio of 101.50, a price-to-earnings-growth ratio of 1.19 and a beta of 1.83. The firm has a 50-day moving average of C$53.41 and a two-hundred day moving average of C$48.14. Aritzia Inc. has a 1 year low of C$31.82 and a 1 year high of C$69.68. The company has a debt-to-equity ratio of 97.38, a current ratio of 1.40 and a quick ratio of 0.19.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on ATZ. BMO Capital Markets raised their price objective on Aritzia from C$60.00 to C$65.00 and gave the company an “outperform” rating in a research note on Thursday, January 9th. Raymond James lifted their price objective on shares of Aritzia from C$58.00 to C$65.00 and gave the stock a “market perform” rating in a research note on Monday, January 13th. CIBC increased their target price on shares of Aritzia from C$63.00 to C$75.00 and gave the company an “outperform” rating in a research note on Sunday, January 12th. Royal Bank of Canada lifted their price target on shares of Aritzia from C$65.00 to C$73.00 and gave the stock an “outperform” rating in a research note on Monday, January 13th. Finally, TD Securities upped their price target on shares of Aritzia from C$68.00 to C$75.00 and gave the company a “buy” rating in a report on Sunday, January 12th. One analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, Aritzia presently has an average rating of “Moderate Buy” and an average target price of C$66.56.

Aritzia Company Profile

Aritzia Inc, together with its subsidiaries, designs, develops, and sells apparels and accessories for women in the United States and Canada. The company offers activewear, blazers and suiting, bodysuits, denim, dresses, jackets and coats, jumpsuits and rompers, leggings and bike shorts, pants, shirts and blouses, shorts, skirts, sweaters, and sweatpants, sweatshirts, hoodies, and sweats, as well as t-shirts, tops, intimates, bra tops, leaotards.