Insider Selling: Celestica Inc. (TSE:CLS) Director Sells C$323,800.28 in Stock

Celestica Inc. (TSE:CLS) (NYSE:CLS) Director Alok K. Agrawal sold 1,763 shares of the business’s stock in a transaction on Friday, January 31st. The shares were sold at an average price of C$183.66, for a total transaction of C$323,800.28.

Alok K. Agrawal also recently made the following trade(s):

• On Wednesday, February 5th, Alok K. Agrawal sold 6,826 shares of Celestica stock. The stock was sold at an average price of C$191.50, for a total transaction of C$1,307,181.11.
• On Monday, December 2nd, Alok K. Agrawal sold 1,550 shares of Celestica stock. The shares were sold at an average price of C$119.54, for a total transaction of C$185,293.91.

Celestica Stock Performance

Shares of CLS opened at C$190.70 on Friday. Celestica Inc. has a one year low of C$48.63 and a one year high of C$206.57. The company has a 50-day moving average of C$145.06 and a two-hundred day moving average of C$103.41. The company has a debt-to-equity ratio of 52.78, a current ratio of 1.47 and a quick ratio of 0.54. The stock has a market cap of C$22.62 billion, a price-to-earnings ratio of 45.19, a PEG ratio of 0.14 and a beta of 2.23.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Cormark raised their price target on shares of Celestica from C$93.00 to C$137.00 in a research note on Thursday, January 30th. Barclays raised Celestica to a “strong-buy” rating in a research note on Tuesday, November 5th. BMO Capital Markets increased their price target on Celestica from C$72.00 to C$140.00 in a research note on Thursday, January 30th. UBS Group raised Celestica to a “hold” rating in a report on Friday, November 22nd. Finally, Cibc World Mkts raised shares of Celestica from a “hold” rating to a “strong-buy” rating in a report on Friday, January 31st. Two equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, Celestica has an average rating of “Buy” and an average target price of C$96.75.

About Celestica

Celestica Inc provides supply chain solutions in North America, Europe, and Asia. It operates through two segments: Advanced Technology Solutions, and Connectivity & Cloud Solutions. The company offers a range of product manufacturing and related supply chain services, including design and development, new product introduction, engineering services, component sourcing, electronics manufacturing and assembly, testing, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, asset management, product licensing, and after-market repair and return services.