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

Kinaxis Inc. (TSE:KXS) Senior Officer Andrew William Robert Bell sold 683 shares of the business’s stock in a transaction on Thursday, March 6th. The shares were sold at an average price of C$155.62, for a total transaction of C$106,289.69. Following the sale, the insider now directly owns 831 shares in the company, valued at C$129,321.72. The trade was a 45.11 % decrease in their position.

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 shares were 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 transaction of C$18,474.00.

Kinaxis Trading Down 0.7 %

Kinaxis stock opened at C$160.84 on Tuesday. The stock has a market cap of C$3.24 billion, a P/E ratio of 159.63, a PEG ratio of 3.60 and a beta of 0.78. Kinaxis Inc. has a fifty-two week low of C$132.93 and a fifty-two week high of C$190.17. The firm’s fifty day moving average price is C$167.30 and its 200-day moving average price is C$165.10. The company has a debt-to-equity ratio of 12.12, a quick ratio of 2.29 and a current ratio of 1.89.

Analysts Set New Price Targets

Separately, CIBC decreased their price target on shares of Kinaxis from C$175.00 to C$170.00 in a report on Friday, February 28th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, Kinaxis currently has a consensus rating of “Moderate Buy” and a consensus 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.