TD Securities Lowers Sierra Wireless, Inc. (TSE:SW) Price Target to C$36.00

Sierra Wireless, Inc. (TSE:SW) (NASDAQ:SWIR) had its price target trimmed by TD Securities to C$36.00 in a report published on Friday, November 3rd, reports. The brokerage currently has a hold rating on the stock.

Shares of Sierra Wireless (TSE:SW) opened at C$24.69 on Friday. Sierra Wireless has a 12 month low of C$19.65 and a 12 month high of C$43.16.

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In other news, Director Kent Paul Thexton acquired 2,000 shares of the company’s stock in a transaction dated Wednesday, November 8th. The shares were acquired at an average price of C$24.55 per share, with a total value of C$49,100.00. Also, Director August Daniel Schieler sold 3,085 shares of Sierra Wireless stock in a transaction on Monday, August 28th. The shares were sold at an average price of C$21.55, for a total transaction of C$66,481.75.

Sierra Wireless Company Profile

Sierra Wireless, Inc is engaged in building the Internet of Things (IoT) with wireless solutions for organizations. The Company’s OEM Solution segment offers cellular embedded wireless modules for IoT connectivity, including an embedded application framework to support customer applications. The Company’s Enterprise Solution segment offers intelligent routers and gateways, including management tools and applications that enable cellular connectivity.

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