Kinaxis (TSE:KXS) Insider Andrew William Robert Bell Sells 3,000 Shares

Kinaxis Inc. (TSE:KXS) insider Andrew William Robert Bell sold 3,000 shares of the firm’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of C$179.48, for a total transaction of C$538,440.00. Following the transaction, the insider directly owned 1,455 shares in the company, valued at C$261,143.40. This trade represents a 67.34% decrease in their position.

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

• On Friday, August 14th, Andrew William Robert Bell sold 703 shares of Kinaxis stock. The shares were sold at an average price of C$171.46, for a total transaction of C$120,536.38.

Kinaxis Price Performance

Shares of KXS opened at C$180.19 on Tuesday. The company has a debt-to-equity ratio of 11.14, a quick ratio of 2.29 and a current ratio of 1.88. The company has a 50 day moving average price of C$160.18 and a 200-day moving average price of C$147.49. Kinaxis Inc. has a fifty-two week low of C$117.22 and a fifty-two week high of C$195.08. The stock has a market capitalization of C$4.90 billion, a PE ratio of 58.89, a PEG ratio of 3.60 and a beta of 0.76.

Kinaxis (TSE:KXS) last issued its quarterly earnings data on Wednesday, August 5th. The company reported C$1.08 earnings per share (EPS) for the quarter. The company had revenue of C$230.64 million for the quarter. Kinaxis had a net margin of 14.40% and a return on equity of 20.88%. Equities analysts predict that Kinaxis Inc. will post 4.2526231 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

KXS has been the subject of several recent research reports. Royal Bank Of Canada boosted their price target on Kinaxis from C$200.00 to C$210.00 and gave the stock an “outperform” rating in a research report on Friday, May 8th. BMO Capital Markets raised their price objective on Kinaxis from C$195.00 to C$200.00 and gave the company an “outperform” rating in a research report on Friday, August 7th. Stifel Nicolaus cut their target price on Kinaxis from C$245.00 to C$200.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. National Bank Financial boosted their target price on shares of Kinaxis from C$200.00 to C$210.00 and gave the stock an “outperform” rating in a report on Friday, August 7th. Finally, Canadian Imperial Bank of Commerce increased their price target on shares of Kinaxis from C$173.00 to C$205.00 in a research report on Friday, June 5th. Seven analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of C$203.12.

Kinaxis Company Profile

Kinaxis is a leader in modern supply chain orchestration, powering complex global supply chains, and supporting the people who manage them. Our powerful, AI-infused supply chain orchestration platform, Maestro, combines proprietary technologies and techniques that provide full transparency and agility across the entire supply chain – from multi-year strategic planning to last-mile delivery. We are trusted by renowned global brands to provide the agility and predictability needed to navigate today’s volatility and disruption.