Insider Selling: Aritzia Inc. (TSE:ATZ) Senior Officer Sells 3,023 Shares of Stock

Aritzia Inc. (TSE:ATZ) Senior Officer Philippa (Pippa) Morgan sold 3,023 shares of the business’s stock in a transaction on Thursday, January 23rd. The shares were sold at an average price of C$70.10, for a total transaction of C$211,912.30.

Aritzia Stock Performance

Shares of ATZ stock traded up C$0.80 on Thursday, hitting C$69.82. The company’s stock had a trading volume of 395,037 shares, compared to its average volume of 759,582. Aritzia Inc. has a fifty-two week low of C$31.82 and a fifty-two week high of C$70.80. The stock’s 50 day moving average is C$53.41 and its 200-day moving average is C$48.14. The company has a market capitalization of C$6.41 billion, a PE ratio of 102.68, a PEG ratio of 1.19 and a beta of 1.83. The company has a debt-to-equity ratio of 97.38, a quick ratio of 0.19 and a current ratio of 1.40.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Raymond James upped their price objective on Aritzia from C$58.00 to C$65.00 and gave the stock a “market perform” rating in a research report on Monday, January 13th. Royal Bank of Canada raised 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. BMO Capital Markets boosted their price objective on shares of Aritzia from C$60.00 to C$65.00 and gave the stock an “outperform” rating in a research report on Thursday, January 9th. Canaccord Genuity Group raised their target price on shares of Aritzia from C$62.00 to C$70.00 and gave the company a “buy” rating in a research report on Sunday, January 12th. Finally, CIBC boosted their price target on shares of Aritzia from C$63.00 to C$75.00 and gave the stock an “outperform” rating in a research report on Sunday, January 12th. One research 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 stock has a consensus rating of “Moderate Buy” and an average price target 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.