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 the stock in a transaction on Friday, January 17th. The stock was sold at an average price of C$68.50, for a total transaction of C$493,200.00.

Aritzia Stock Performance

Shares of ATZ stock opened at C$68.50 on Tuesday. The firm has a 50-day moving average of C$52.46 and a 200-day moving average of C$47.85. The company has a market cap of C$6.29 billion, a P/E ratio of 100.74, a P/E/G ratio of 1.19 and a beta of 1.83. The company has a debt-to-equity ratio of 97.38, a current ratio of 1.40 and a quick ratio of 0.19. Aritzia Inc. has a one year low of C$31.82 and a one year high of C$69.00.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on ATZ shares. Raymond James increased their target price 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. Royal Bank of Canada raised their price objective on shares of Aritzia from C$65.00 to C$73.00 and gave the company an “outperform” rating in a research note on Monday, January 13th. Canaccord Genuity Group raised their price objective on shares of Aritzia from C$62.00 to C$70.00 and gave the company a “buy” rating in a research note on Sunday, January 12th. TD Securities raised their price objective on shares of Aritzia from C$68.00 to C$75.00 and gave the company a “buy” rating in a research note on Sunday, January 12th. Finally, BMO Capital Markets raised their price objective on shares of Aritzia from C$60.00 to C$65.00 and gave the company an “outperform” rating in a research note on Thursday, January 9th. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of C$66.56.

About Aritzia

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.