The Sierra Wireless, Inc. (SW) Insider Buys C$195600.00 in Stock

Sierra Wireless

The Sierra Wireless, Inc. (SW) Insider Buys C$195600.00 in Stock

Sierra Wireless (USA) opened for trading at $18 and hit $18.65 on the upside on Tuesday, eventually ending the session at $18.3, with a gain of 1.67% or 0.3 points. Sierra Wireless had a positive return on equity of 1.70% and a negative net margin of 0.12%.

In addition, Sierra Wireless issued guidance for first-quarter 2017 revenue of $152 million to $161 million, which should translate to adjusted earnings per share of $0.13 to $0.20. Sierra Wireless, Inc. has a 52-week low of $13.57 and a 52-week high of $26.50. That's up from $2.5 million, or $0.08 per share, in last year's fourth quarter. During the same period in the prior year, the company posted $0.08 earnings per share. If you are accessing this report on another publication, it was copied illegally and reposted in violation of United States & global trademark & copyright legislation. The correct version of this story can be read at https://www.thecerbatgem.com/2017/02/09/sierra-wireless-inc-sw-insider-david-gordon-mclennan-sells-2526-shares.html.

A number of institutional investors have recently made changes to their positions in the stock.

On the company's financial health, Sierra Wireless (USA) reported $0.27 EPS for the quarter, beating the analyst consensus estimate by $ 0.11 according to the earnings call on Feb 9, 2017.

COPYRIGHT VIOLATION NOTICE: "Sierra Wireless, Inc". Cutter & CO Brokerage Inc. acquired a new stake in Sierra Wireless during the fourth quarter valued at about $241,000. 110,368 shares of the company's stock were exchanged. Royal Bank Of Canada's target price suggests a potential downside of 14.11% from the stock's previous close.

David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now. and Sierra Wireless wasn't one of them!

Sierra Wireless, Inc offers second generation (2G), third generation (3G) and fourth generation (4G) cellular embedded wireless modules and gateways.

Perhaps most notably within Sierra Wireless' top line, original equipment manufacturer solutions revenue climbed 11.2% year over year, to $163 million, reflecting continued contributions from new programs, and normalized demand from key existing customers and programs - as management promised last quarter. It operates through three segments: OEM Solutions, Enterprise Solutions, and Cloud and Connectivity Services.

Otras noticias