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 business’s stock in a transaction on 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 sale, the insider owned 1,455 shares in the company, valued at C$261,143.40. The trade was a 67.34% decrease in their ownership of the stock.

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 Performance

Shares of KXS opened at C$175.51 on Wednesday. The company has a quick ratio of 2.29, a current ratio of 1.88 and a debt-to-equity ratio of 11.14. Kinaxis Inc. has a 52-week low of C$117.22 and a 52-week high of C$193.48. The company has a 50-day simple moving average of C$160.57 and a 200-day simple moving average of C$147.88. The company has a market capitalization of C$4.77 billion, a PE ratio of 57.36, a P/E/G ratio of 3.60 and a beta of 0.76.

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

Analysts Set New Price Targets

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