Andrew William Robert Bell Sells 683 Shares of Kinaxis Inc. (TSE:KXS) Stock

Kinaxis Inc. (TSE:KXS - Get Free Report) Senior Officer Andrew William Robert Bell sold 683 shares of the firm's stock in a transaction on Thursday, March 6th. The shares were sold at an average price of C$155.62, for a total value of C$106,289.69. Following the transaction, the insider now directly owns 831 shares in the company, valued at C$129,321.72. This trade represents a 45.11 % decrease in their ownership of the stock.

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

• On Tuesday, March 4th, Andrew William Robert Bell sold 2,064 shares of Kinaxis stock. The stock was sold at an average price of C$156.80, for a total transaction of C$323,627.77.
• 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 stock was sold at an average price of C$184.74, for a total value of C$18,474.00.

Kinaxis Price Performance

Kinaxis stock traded down C$2.82 during mid-day trading on Thursday, hitting C$155.66. The company's stock had a trading volume of 107,853 shares, compared to its average volume of 91,697. The stock has a market capitalization of C$3.13 billion, a P/E ratio of 154.49, a P/E/G ratio of 3.60 and a beta of 0.78. Kinaxis Inc. has a twelve month low of C$132.93 and a twelve month high of C$190.17. The stock's fifty day moving average price is C$166.73 and its two-hundred day moving average price is C$165.18. The company has a quick ratio of 2.29, a current ratio of 1.89 and a debt-to-equity ratio of 12.12.

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Wall Street Analysts Forecast Growth

Separately, CIBC dropped their price objective on Kinaxis from C$175.00 to C$170.00 in a research note on Friday, February 28th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of C$192.00.

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.