Andrew William Robert Bell Sells 2,064 Shares of Kinaxis Inc. (TSE:KXS) Stock

Kinaxis Inc. (TSE:KXS) Senior Officer Andrew William Robert Bell sold 2,064 shares of the firm’s stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of C$156.80, for a total value of C$323,627.77. Following the transaction, the insider now owns 831 shares in the company, valued at approximately C$130,297.81. This trade represents a 71.30 % decrease in their ownership of the stock.

Andrew William Robert Bell also recently made the following trade(s):

• 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 value of C$106,281.00.
• On Monday, December 16th, Andrew William Robert Bell sold 100 shares of Kinaxis stock. The shares were sold at an average price of C$184.74, for a total value of C$18,474.00.

Kinaxis Stock Down 1.4 %

Shares of KXS opened at C$157.86 on Friday. The stock has a market cap of C$3.18 billion, a price-to-earnings ratio of 156.68, a P/E/G ratio of 3.60 and a beta of 0.78. The company has a quick ratio of 2.29, a current ratio of 1.89 and a debt-to-equity ratio of 12.12. Kinaxis Inc. has a 12 month low of C$132.93 and a 12 month high of C$190.17. The company has a 50-day moving average price of C$167.84 and a two-hundred day moving average price of C$164.99.

Wall Street Analysts Forecast Growth

Separately, CIBC decreased their target price on Kinaxis from C$175.00 to C$170.00 in a research report on Friday, February 28th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of C$192.00.

Kinaxis Company Profile

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.