Kinaxis Inc. (TSE:KXS) Senior Officer Sells C$323,627.77 in Stock

Kinaxis Inc. (TSE:KXS - Get Free Report) Senior Officer Andrew William Robert Bell sold 2,064 shares of the stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of C$156.80, for a total transaction of C$323,627.77. Following the transaction, the insider now owns 831 shares in the company, valued at C$130,297.81. The trade was a 71.30 % decrease in their ownership of the stock.

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

• On Monday, December 23rd, Andrew William Robert Bell sold 600 shares of Kinaxis stock. The shares were sold at an average price of C$177.14, for a total transaction of C$106,281.00.
• 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 Trading Up 2.7 %

Shares of Kinaxis stock traded up C$4.19 on Friday, hitting C$162.05. The stock had a trading volume of 155,133 shares, compared to its average volume of 88,437. The company has a quick ratio of 2.29, a current ratio of 1.89 and a debt-to-equity ratio of 12.12. Kinaxis Inc. has a one year low of C$132.93 and a one year high of C$190.17. The stock has a market cap of C$3.26 billion, a price-to-earnings ratio of 160.83, a PEG ratio of 3.60 and a beta of 0.78. The stock's 50-day simple moving average is C$167.56 and its two-hundred day simple moving average is C$165.13.

Wall Street Analyst Weigh In

Separately, CIBC reduced their price target on shares of Kinaxis from C$175.00 to C$170.00 in a research report on Friday, February 28th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, Kinaxis has a consensus rating of "Moderate Buy" and a consensus price target of C$192.00.

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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.