Insider Selling: Sierra Wireless, Inc. (TSE:SW) Senior Officer Sells 3,021 Shares of Stock

Sierra Wireless, Inc. (TSE:SW) (NASDAQ:SWIR) Senior Officer Philippe Frederic Joel Rene Guillemette sold 3,021 shares of the stock in a transaction that occurred on Tuesday, February 26th. The shares were sold at an average price of C$16.96, for a total transaction of C$51,236.16. Following the sale, the insider now directly owns 10,516 shares of the company’s stock, valued at approximately C$178,351.36.

TSE:SW traded up C$0.33 on Friday, reaching C$15.77. 37,068 shares of the stock traded hands, compared to its average volume of 59,509. The stock has a market capitalization of $554.92 million and a price-to-earnings ratio of -20.70. The firm has a 50 day moving average of C$15.74. The company has a debt-to-equity ratio of 7.75, a current ratio of 1.69 and a quick ratio of 1.27. Sierra Wireless, Inc. has a 1-year low of C$14.35 and a 1-year high of C$29.38.

Sierra Wireless (TSE:SW) (NASDAQ:SWIR) last posted its quarterly earnings results on Thursday, May 9th. The company reported C($0.25) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C($0.19) by C($0.06). The business had revenue of C$231.10 million during the quarter, compared to analysts’ expectations of C$228.27 million. On average, sell-side analysts predict that Sierra Wireless, Inc. will post 1.1900001 earnings per share for the current fiscal year.

Sierra Wireless Company Profile

Sierra Wireless, Inc, together with its subsidiaries, manufactures and sells cellular wireless devices, and provide services in the wireless communications and information technology industry in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Its Original Equipment Manufacturer (OEM) Solutions segment offers embedded cellular modules, short range wireless modules, global navigation satellite system modules, software, and tools to integrate wireless connectivity into various products and solutions for OEM customers, including the embedded wireless modules product portfolio; cloud-based remote device and data management solutions; and Legato, an open source Linux-based platform.

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Insider Buying and Selling by Quarter for Sierra Wireless (TSE:SW)

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