Kinaxis Inc. (TSE:KXS) Senior Officer Andrew William Robert Bell Sells 701 Shares

Kinaxis Inc. (TSE:KXSGet Free Report) Senior Officer Andrew William Robert Bell sold 701 shares of the company’s stock in a transaction on Wednesday, August 14th. The stock was sold at an average price of C$149.56, for a total value of C$104,841.70. Following the sale, the insider now owns 831 shares of the company’s stock, valued at C$124,284.53.

Kinaxis Trading Up 0.0 %

KXS opened at C$153.90 on Friday. The firm has a market capitalization of C$4.35 billion, a P/E ratio of 153.90, a P/E/G ratio of 3.60 and a beta of 0.79. The firm’s 50 day moving average is C$156.65 and its 200-day moving average is C$153.64. 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$129.13 and a 52-week high of C$172.83.

Analysts Set New Price Targets

KXS has been the subject of several research analyst reports. Stifel Nicolaus dropped their price target on Kinaxis from C$210.00 to C$195.00 and set a “buy” rating for the company in a research note on Friday, August 2nd. Scotiabank dropped their target price on shares of Kinaxis from C$200.00 to C$190.00 and set an “outperform” rating for the company in a research report on Friday, August 2nd. CIBC cut shares of Kinaxis from an “outperform” rating to a “neutral” rating and reduced their price target for the company from C$180.00 to C$154.00 in a research report on Friday, June 21st. TD Securities decreased their price objective on shares of Kinaxis from C$200.00 to C$195.00 in a research note on Friday, August 2nd. Finally, ATB Capital cut their target price on shares of Kinaxis from C$215.00 to C$205.00 and set an “outperform” rating on the stock in a research note on Friday, August 2nd. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of C$192.11.

Read Our Latest Stock Analysis on KXS

About Kinaxis

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Kinaxis (TSE:KXS)

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