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

Kinaxis Inc. (TSE:KXS - Get Free Report) Senior Officer Andrew William Robert Bell sold 600 shares of the stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of C$177.14, for a total transaction of C$106,281.00. Following the completion of the sale, the insider now directly 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 Performance

Shares of KXS traded up C$1.28 during mid-day trading on Tuesday, hitting C$178.61. 30,801 shares of the company's stock were exchanged, compared to its average volume of 66,874. The company has a quick ratio of 2.29, a current ratio of 1.90 and a debt-to-equity ratio of 12.40. Kinaxis Inc. has a 52 week low of C$132.93 and a 52 week high of C$190.17. The stock's 50-day simple moving average is C$169.84 and its 200-day simple moving average is C$160.32. The firm has a market cap of C$5.04 billion, a price-to-earnings ratio of 178.61, a price-to-earnings-growth ratio of 3.60 and a beta of 0.78.

Kinaxis (TSE:KXS - Get Free Report) last announced its quarterly earnings data 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. Kinaxis had a net margin of 4.59% and a return on equity of 4.87%. The business had revenue of C$165.79 million during the quarter, compared to the consensus estimate of C$170.56 million. On average, equities research analysts expect that Kinaxis Inc. will post 4.2526231 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts recently weighed in on KXS shares. Scotiabank cut their price objective on Kinaxis from C$200.00 to C$190.00 in a research report on Thursday, August 29th. TD Securities dropped their price objective on shares of Kinaxis from C$195.00 to C$190.00 and set a "buy" rating for the company in a research note on Friday, November 1st. Finally, ATB Capital boosted their price target on Kinaxis from C$205.00 to C$215.00 and gave the company an "outperform" rating in a research note on Friday, November 1st. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price 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.