Kinaxis Inc. (TSE:KXS - Get Free Report) insider Andrew William Robert Bell sold 3,000 shares of the company's stock in a transaction dated Friday, August 21st. The shares were sold at an average price of C$179.48, for a total transaction of C$538,440.00. Following the transaction, the insider owned 1,455 shares in the company, valued at approximately C$261,143.40. This trade represents a 67.34% decrease in their position.
Andrew William Robert Bell also recently made the following trade(s):
- On Friday, August 14th, Andrew William Robert Bell sold 703 shares of Kinaxis stock. The stock was sold at an average price of C$171.46, for a total transaction of C$120,536.38.
Kinaxis Stock Up 0.2%
TSE:KXS opened at C$180.19 on Tuesday. The company has a market cap of C$4.90 billion, a PE ratio of 58.89, a P/E/G ratio of 3.60 and a beta of 0.76. Kinaxis Inc. has a twelve month low of C$117.22 and a twelve month high of C$195.08. The company has a current ratio of 1.88, a quick ratio of 2.29 and a debt-to-equity ratio of 11.14. The company's 50 day moving average is C$160.18 and its two-hundred day moving average is C$147.49.
Kinaxis (TSE:KXS - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported C$1.08 earnings per share (EPS) for the quarter. The business had revenue of C$230.64 million for the quarter. Kinaxis had a net margin of 14.40% and a return on equity of 20.88%. Analysts anticipate that Kinaxis Inc. will post 4.2526231 EPS for the current year.
Wall Street Analyst Weigh In
A number of brokerages recently issued reports on KXS. Canadian Imperial Bank of Commerce raised their target price on Kinaxis from C$173.00 to C$205.00 in a research note on Friday, June 5th. BMO Capital Markets boosted their price target on Kinaxis from C$195.00 to C$200.00 and gave the company an "outperform" rating in a research note on Friday, August 7th. National Bank Financial increased their price objective on Kinaxis from C$200.00 to C$210.00 and gave the company an "outperform" rating in a report on Friday, August 7th. Stifel Nicolaus reduced their price objective on Kinaxis from C$245.00 to C$200.00 and set a "buy" rating for the company in a research note on Wednesday, May 6th. Finally, Royal Bank Of Canada lifted their target price on Kinaxis from C$200.00 to C$210.00 and gave the stock an "outperform" rating in a report on Friday, May 8th. Seven investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of C$203.12.
View Our Latest Research Report on Kinaxis
About Kinaxis
(
Get Free Report)
Kinaxis is a leader in modern supply chain orchestration, powering complex global supply chains, and supporting the people who manage them. Our powerful, AI-infused supply chain orchestration platform, Maestro, combines proprietary technologies and techniques that provide full transparency and agility across the entire supply chain - from multi-year strategic planning to last-mile delivery. We are trusted by renowned global brands to provide the agility and predictability needed to navigate today's volatility and disruption.
Read More

This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].