Aritzia Inc. (TSE:ATZ) Senior Officer Karen Kwan Sells 29,966 Shares

Aritzia Inc. (TSE:ATZ) Senior Officer Karen Kwan sold 29,966 shares of the company’s stock in a transaction dated Tuesday, January 14th. The stock was sold at an average price of C$65.96, for a total value of C$1,976,557.36.

Karen Kwan also recently made the following trade(s):

• On Wednesday, November 13th, Karen Kwan sold 6,500 shares of Aritzia stock. The shares were sold at an average price of C$46.00, for a total value of C$299,000.00.
• On Friday, November 8th, Karen Kwan sold 3,800 shares of Aritzia stock. The shares were sold at an average price of C$46.00, for a total value of C$174,800.00.
• On Friday, November 1st, Karen Kwan sold 5,000 shares of Aritzia stock. The shares were sold at an average price of C$46.00, for a total transaction of C$230,000.00.

Aritzia Stock Performance

ATZ stock traded up C$0.15 during trading hours on Friday, reaching C$68.69. The stock had a trading volume of 278,905 shares, compared to its average volume of 868,659. The stock has a market capitalization of C$6.31 billion, a PE ratio of 101.01, a price-to-earnings-growth ratio of 1.19 and a beta of 1.83. The stock has a 50-day simple moving average of C$51.52 and a 200 day simple moving average of C$47.30. Aritzia Inc. has a fifty-two week low of C$31.82 and a fifty-two week high of C$69.00. 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 Analysts Forecast Growth

Several equities analysts have commented on ATZ shares. Royal Bank of Canada upped their price target on Aritzia from C$65.00 to C$73.00 and gave the company an “outperform” rating in a report on Monday. CIBC increased their price target 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. Stifel Nicolaus increased their price objective on Aritzia from C$66.00 to C$70.00 and gave the company a “buy” rating in a research report on Monday. Canaccord Genuity Group increased their target price on shares of Aritzia from C$62.00 to C$70.00 and gave the stock a “buy” rating in a report on Sunday, January 12th. Finally, BMO Capital Markets raised their price objective on Aritzia from C$60.00 to C$65.00 and gave the stock an “outperform” rating in a research note on Thursday, January 9th. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average 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.