Kinaxis Inc. (TSE:KXS) Senior Officer Sells C$106,281.00 in Stock

Kinaxis Inc. (TSE:KXS) Senior Officer Andrew William Robert Bell sold 600 shares of Kinaxis stock in a transaction on Monday, December 23rd. The shares were sold at an average price of C$177.14, for a total value of C$106,281.00. Following the sale, the insider now directly owns 831 shares of the company’s stock, valued at approximately C$147,199.19. This trade represents a 41.93 % decrease in their ownership of the stock.

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

• On Monday, December 16th, Andrew William Robert Bell sold 100 shares of Kinaxis stock. The shares were sold at an average price of C$184.74, for a total value of C$18,474.00.

Kinaxis Stock Down 0.0 %

Shares of KXS opened at C$177.33 on Tuesday. The company has a market capitalization of C$5.01 billion, a price-to-earnings ratio of 177.33, a PEG ratio of 3.60 and a beta of 0.78. Kinaxis Inc. has a 52 week low of C$132.93 and a 52 week high of C$190.17. The stock’s 50-day moving average price is C$169.84 and its 200-day moving average price is C$160.32. The company has a quick ratio of 2.29, a current ratio of 1.90 and a debt-to-equity ratio of 12.40.

Kinaxis (TSE:KXS) last released its quarterly earnings data on Wednesday, October 30th. The company reported C$0.47 EPS for the quarter, topping the consensus estimate of C$0.43 by C$0.04. Kinaxis had a return on equity of 4.87% and a net margin of 4.59%. The business had revenue of C$165.79 million for the quarter, compared to analyst estimates of C$170.56 million. On average, sell-side analysts predict that Kinaxis Inc. will post 4.2526231 EPS for the current year.

Analysts Set New Price Targets

KXS has been the subject of several analyst reports. Scotiabank decreased their price target on shares of Kinaxis from C$200.00 to C$190.00 in a research report on Thursday, August 29th. ATB Capital upped their target price on Kinaxis from C$205.00 to C$215.00 and gave the company an “outperform” rating in a research report on Friday, November 1st. Finally, TD Securities lowered their price target on Kinaxis from C$195.00 to C$190.00 and set a “buy” rating for the company in a research report on Friday, November 1st. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, Kinaxis has a consensus rating of “Moderate Buy” and a consensus target price of C$192.67.

Kinaxis Company Profile

Kinaxis Inc provides cloud-based subscription software for supply chain operations in the United States, Europe, Asia, and Canada. It offers RapidResponse, a cloud-based platform, which provides advanced planning, sales and operation planning, supply and demand planning, inventory management, and command and control center services.