Yesterday it was reported that the Chief Operating Officer of Sierra Wireless (SWIR), Jason Lawrence Krause, exercised options to sell 19,852 SWIR shares for a total transaction value of $353.6K.
This recent transaction decreases Jason Lawrence Krause’s holding in the company by 8%.
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The company has a one-year high of $14.37 and a one-year low of $4.31. Currently, Sierra Wireless has an average volume of 136.90K. The Company has a Price to Book ratio of 9.17.
Based on 6 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $13.39, reflecting a 0.8% upside.
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Sierra Wireless, Inc. engages in the provision of device-to-cloud and networking solutions. It operates through the following segments: Original Equipment Manufacturers (OEM) Solutions; Enterprise Solutions; and Internet-of-Things Services (IoT). The OEM Solutions segment includes standards-based wireless technologies and support open source initiatives that enable OEMs and system integrators to get IoT solutions to market faster. The Enterprise Solutions segment focuses in networking solutions comprised of cellular gateways and routers that are complemented by cloud-based services and on-premise software for secure device and network management. The Internet-of-Things Services segment involves in digital transformation of enterprises through IoT cloud and connectivity services. The company was founded on May 31, 1993 and is headquartered in Richmond, Canada.
