Kinaxis Inc. (TSE:KXS) Senior Officer Andrew William Robert Bell Sells 100 Shares

Kinaxis Inc. (TSE:KXS) Senior Officer Andrew William Robert Bell sold 100 shares of Kinaxis 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 transaction of C$18,474.00. Following the sale, the insider now owns 831 shares of the company’s stock, valued at approximately C$153,518.94. The trade was a 10.74 % decrease in their ownership of the stock.

Kinaxis Stock Down 0.4 %

KXS opened at C$181.25 on Wednesday. The company has a fifty day moving average of C$168.20 and a two-hundred day moving average of C$159.27. The stock has a market capitalization of C$5.12 billion, a price-to-earnings ratio of 181.96, a PEG ratio of 3.60 and a beta of 0.78. Kinaxis Inc. has a fifty-two week low of C$132.93 and a fifty-two week high of C$190.17. The company has a debt-to-equity ratio of 12.40, a quick ratio of 2.29 and a current ratio of 1.90.

Kinaxis (TSE:KXS) last announced its quarterly earnings results on Wednesday, October 30th. The company reported C$0.47 earnings per share for the quarter, beating the consensus estimate of C$0.43 by C$0.04. The firm had revenue of C$165.79 million during 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, research analysts expect that Kinaxis Inc. will post 4.2526231 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on KXS shares. TD Securities reduced their target price 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. Scotiabank cut their price target on Kinaxis from C$200.00 to C$190.00 in a research report on Thursday, August 29th. Finally, ATB Capital boosted 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 company. Based on data from MarketBeat, Kinaxis has an average rating of “Moderate Buy” and a consensus price target 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.