Andrew William Robert Bell Sells 3,000 Shares of Kinaxis (TSE:KXS) Stock

Kinaxis Inc. (TSE:KXS) insider Andrew William Robert Bell sold 3,000 shares of the stock in a transaction dated Friday, August 21st. The stock was sold at an average price of C$179.48, for a total transaction of C$538,440.00. Following the transaction, the insider directly owned 1,455 shares in the company, valued at C$261,143.40. The trade was 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 value of C$120,536.38.

Kinaxis Stock Performance

TSE:KXS traded down C$1.12 during mid-day trading on Monday, hitting C$178.63. The stock had a trading volume of 42,290 shares, compared to its average volume of 120,540. 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 has a 50 day simple moving average of C$159.68 and a 200-day simple moving average of C$147.09. The stock has a market capitalization of C$4.86 billion, a price-to-earnings ratio of 58.38, a P/E/G ratio of 3.60 and a beta of 0.76. Kinaxis Inc. has a 52 week low of C$117.22 and a 52 week high of C$195.08.

Kinaxis (TSE:KXS) last posted its earnings results on Wednesday, August 5th. The company reported C$1.08 EPS for the quarter. The firm had revenue of C$230.64 million for the quarter. Kinaxis had a return on equity of 20.88% and a net margin of 14.40%. On average, research analysts expect that Kinaxis Inc. will post 4.2526231 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Royal Bank Of Canada increased their price objective on shares of Kinaxis from C$200.00 to C$210.00 and gave the company an “outperform” rating in a report on Friday, May 8th. BMO Capital Markets boosted their price objective on Kinaxis from C$195.00 to C$200.00 and gave the stock an “outperform” rating in a research note on Friday, August 7th. National Bank Financial raised their target price on Kinaxis from C$200.00 to C$210.00 and gave the company an “outperform” rating in a research note on Friday, August 7th. Canadian Imperial Bank of Commerce boosted their price target on shares of Kinaxis from C$173.00 to C$205.00 in a research report on Friday, June 5th. Finally, Stifel Nicolaus reduced their price objective on shares of Kinaxis from C$245.00 to C$200.00 and set a “buy” rating for the company in a research report on Wednesday, May 6th. Seven research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has an average rating of “Buy” and an average target price of C$203.12.

About Kinaxis

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.