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

Kinaxis Inc. (TSE:KXS) Senior Officer Andrew William Robert Bell sold 600 shares of the business’s stock in a transaction on Monday, December 23rd. The shares were sold at an average price of C$177.14, for a total value of C$106,281.00. Following the transaction, the insider now owns 831 shares of the company’s stock, valued at approximately C$147,199.19. The trade was a 41.93 % decrease in their position.

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 stock was sold at an average price of C$184.74, for a total value of C$18,474.00.

Kinaxis Stock Up 0.7 %

Shares of TSE KXS opened at C$178.61 on Friday. The stock has a market capitalization of C$5.04 billion, a PE ratio of 178.61, a price-to-earnings-growth ratio of 3.60 and a beta of 0.78. The company has a current ratio of 1.90, a quick ratio of 2.29 and a debt-to-equity ratio of 12.40. Kinaxis Inc. has a 12-month low of C$132.93 and a 12-month high of C$190.17. The stock’s fifty day simple moving average is C$170.67 and its two-hundred day simple moving average is C$160.79.

Kinaxis (TSE:KXS) last posted its earnings results on Wednesday, October 30th. The company reported C$0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.43 by C$0.04. The company had revenue of C$165.79 million for the quarter, compared to analyst estimates of C$170.56 million. Kinaxis had a return on equity of 4.87% and a net margin of 4.59%. As a group, analysts expect that Kinaxis Inc. will post 4.2526231 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. ATB Capital lifted their price objective on shares of Kinaxis from C$205.00 to C$215.00 and gave the company an “outperform” rating in a report on Friday, November 1st. Scotiabank lowered their price target on Kinaxis from C$200.00 to C$190.00 in a report on Thursday, August 29th. Finally, TD Securities reduced their price objective on 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 research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, Kinaxis currently 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.