Andrew William Robert Bell Sells 100 Shares of Kinaxis Inc. (TSE:KXS) Stock

Kinaxis Inc. (TSE:KXS) Senior Officer Andrew William Robert Bell sold 100 shares of the business’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of C$184.74, for a total value of C$18,474.00. Following the completion of the sale, the insider now owns 831 shares of the company’s stock, valued at C$153,518.94. The trade was a 10.74 % decrease in their position.

Kinaxis Price Performance

Shares of TSE KXS opened at C$176.19 on Thursday. Kinaxis Inc. has a 1 year low of C$132.93 and a 1 year high of C$190.17. The stock has a market capitalization of C$4.98 billion, a P/E ratio of 176.19, a P/E/G ratio of 3.60 and a beta of 0.78. The company’s 50-day moving average is C$168.93 and its 200 day moving average is C$159.69. The company has a debt-to-equity ratio of 12.40, a current ratio of 1.90 and a quick ratio of 2.29.

Kinaxis (TSE:KXS) last posted its earnings results on Wednesday, October 30th. The company reported C$0.47 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm had revenue of C$165.79 million for the quarter, compared to the consensus estimate of C$170.56 million. On average, sell-side analysts expect that Kinaxis Inc. will post 4.2526231 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on KXS shares. TD Securities lowered their price target on shares of Kinaxis from C$195.00 to C$190.00 and set a “buy” rating for the company in a report on Friday, November 1st. ATB Capital upped their price objective on shares of Kinaxis from C$205.00 to C$215.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. Finally, Scotiabank cut their target price on Kinaxis from C$200.00 to C$190.00 in a research note on Thursday, August 29th. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of C$192.67.

About Kinaxis

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.