Conrad John Mandala Sells 1,500 Shares of Kinaxis Inc. (TSE:KXS) Stock

Kinaxis Inc. (TSE:KXS - Get Free Report) Senior Officer Conrad John Mandala sold 1,500 shares of Kinaxis stock in a transaction that occurred on Friday, December 20th. The shares were sold at an average price of C$178.02, for a total transaction of C$267,031.95. Following the completion of the sale, the insider now owns 495 shares of the company's stock, valued at C$88,120.54. This trade represents a 75.19 % decrease in their ownership of the stock.

Kinaxis Trading Down 0.0 %

Shares of Kinaxis stock traded down C$0.02 during trading on Monday, hitting C$177.33. 60,124 shares of the company were exchanged, compared to its average volume of 67,019. The company has a debt-to-equity ratio of 12.40, a current ratio of 1.90 and a quick ratio of 2.29. The firm has a market capitalization of C$5.01 billion, a P/E ratio of 177.33, a price-to-earnings-growth ratio of 3.60 and a beta of 0.78. The firm's fifty day moving average price is C$169.84 and its 200 day moving average price is C$160.32. Kinaxis Inc. has a 1-year low of C$132.93 and a 1-year high of C$190.17.

Kinaxis (TSE:KXS - Get Free Report) last posted its earnings results on Wednesday, October 30th. The company reported C$0.47 earnings per share for the quarter, topping the consensus estimate 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 analyst estimates of C$170.56 million. As a group, sell-side analysts expect that Kinaxis Inc. will post 4.2526231 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have issued reports on KXS. ATB Capital raised their target price on Kinaxis from C$205.00 to C$215.00 and gave the company an "outperform" rating in a report on Friday, November 1st. Scotiabank decreased their price target on shares of Kinaxis from C$200.00 to C$190.00 in a research report on Thursday, August 29th. Finally, TD Securities dropped their price objective on shares of Kinaxis from C$195.00 to C$190.00 and set a "buy" rating on the stock in a report on Friday, November 1st. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price 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.