Andrew William Robert Bell Sells 600 Shares of Kinaxis Inc. (TSE:KXS) Stock

Kinaxis Inc. (TSE:KXS) Senior Officer Andrew William Robert Bell sold 600 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the insider now owns 831 shares of the company’s stock, valued at 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 transaction of C$18,474.00.

Kinaxis Stock Down 0.0 %

Shares of TSE KXS opened at C$177.33 on Tuesday. Kinaxis Inc. has a 1 year low of C$132.93 and a 1 year high of C$190.17. The company has a market capitalization of C$5.01 billion, a P/E ratio of 177.33, a P/E/G ratio of 3.60 and a beta of 0.78. The company has a 50 day simple moving average of C$169.84 and a 200-day simple moving average of C$160.32. 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 announced its quarterly earnings results on Wednesday, October 30th. The company reported C$0.47 EPS for the quarter, beating the consensus estimate of C$0.43 by C$0.04. The business had revenue of C$165.79 million for the quarter, compared to analyst estimates of C$170.56 million. Kinaxis had a return on equity of 4.87% and a net margin of 4.59%. On average, equities research analysts predict that Kinaxis Inc. will post 4.2526231 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on KXS. TD Securities dropped their target price on shares of Kinaxis from C$195.00 to C$190.00 and set a “buy” rating on the stock in a research report on Friday, November 1st. Scotiabank dropped their price target on Kinaxis from C$200.00 to C$190.00 in a research report on Thursday, August 29th. Finally, ATB Capital raised their price objective on Kinaxis from C$205.00 to C$215.00 and gave the company an “outperform” rating in a report on Friday, November 1st. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, Kinaxis has a consensus 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.