Insider Selling: Celestica Inc. (TSE:CLS) Director Sells C$6,607,522.80 in Stock

Celestica Inc. (TSE:CLS) (NYSE:CLS) Director Robert Andrew Mionis sold 60,000 shares of the stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of C$110.13, for a total transaction of C$6,607,522.80.

Robert Andrew Mionis also recently made the following trade(s):

• On Monday, October 28th, Robert Andrew Mionis sold 150,000 shares of Celestica stock. The shares were sold at an average price of C$96.83, for a total transaction of C$14,524,318.50.

Celestica Stock Up 1.0 %

Shares of CLS stock opened at C$119.54 on Friday. The company has a market capitalization of C$14.18 billion, a price-to-earnings ratio of 28.33, a PEG ratio of 0.14 and a beta of 2.23. Celestica Inc. has a one year low of C$33.66 and a one year high of C$120.16. The company’s fifty day moving average price is C$77.33 and its 200-day moving average price is C$73.93. The company has a debt-to-equity ratio of 52.78, a current ratio of 1.47 and a quick ratio of 0.54.

Analysts Set New Price Targets

A number of brokerages recently weighed in on CLS. TD Securities increased their price objective on shares of Celestica from C$55.00 to C$61.00 and gave the company a “buy” rating in a research report on Friday, July 26th. Barclays upgraded shares of Celestica to a “strong-buy” rating in a research report on Tuesday. One equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of C$44.00.

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.