Kinaxis Inc (TSE:KXS) Director Douglas Proctor Colbeth sold 15,700 shares of the stock in a transaction on Tuesday, September 12th. The stock was sold at an average price of C$76.49, for a total transaction of C$1,200,893.00.

Douglas Proctor Colbeth also recently made the following trade(s):

  • On Friday, September 8th, Douglas Proctor Colbeth sold 20,600 shares of Kinaxis stock. The stock was sold at an average price of C$74.11, for a total transaction of C$1,526,666.00.
  • On Monday, September 11th, Douglas Proctor Colbeth sold 13,700 shares of Kinaxis stock. The stock was sold at an average price of C$75.45, for a total transaction of C$1,033,665.00.

Shares of Kinaxis Inc (TSE KXS) traded down 0.67% during mid-day trading on Thursday, hitting $77.04. 33,012 shares of the stock traded hands. The company has a market capitalization of $1.96 billion and a PE ratio of 156.59. Kinaxis Inc has a 1-year low of $56.47 and a 1-year high of $91.98. The company’s 50-day moving average price is $73.38 and its 200 day moving average price is $78.66.

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A number of research analysts have weighed in on the stock. National Bank Financial dropped their price objective on shares of Kinaxis from C$100.00 to C$90.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 9th. BMO Capital Markets dropped their price objective on shares of Kinaxis from C$95.00 to C$82.00 and set an “outperform” rating on the stock in a research note on Thursday, August 17th. Eight Capital raised their price objective on shares of Kinaxis from C$90.00 to C$100.00 and gave the company a “buy” rating in a research note on Thursday, August 17th. Canaccord Genuity raised their price objective on shares of Kinaxis from C$75.00 to C$100.00 and gave the company a “hold” rating in a research note on Thursday, August 17th. Finally, Royal Bank Of Canada raised their price objective on shares of Kinaxis from C$85.00 to C$100.00 and gave the company an “outperform” rating in a research note on Thursday, August 17th. Five analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of C$90.50.

About Kinaxis

Kinaxis Inc is a provider of cloud-based subscription software for supply chain operations. The Company offers RapidResponse as a collection of cloud-based configurable applications. The Company’s RapidResponse product provides supply chain planning and analytics capabilities that create the foundation for managing multiple, interconnected supply chain management processes, including demand planning, supply planning, inventory management, order fulfillment and capacity planning.

Insider Buying and Selling by Quarter for Kinaxis (TSE:KXS)

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