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 stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of C$156.80, for a total value of C$323,627.77. Following the sale, the insider now directly owns 831 shares of the company’s stock, valued at C$130,297.81. The trade was 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 stock was 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 stock was sold at an average price of C$184.74, for a total value of C$18,474.00.

Kinaxis Stock Performance

TSE KXS opened at C$162.05 on Friday. Kinaxis Inc. has a 1-year low of C$132.93 and a 1-year high of C$190.17. The company has a market capitalization of C$3.26 billion, a P/E ratio of 160.83, a PEG ratio of 3.60 and a beta of 0.78. The business has a 50 day moving average price of C$167.56 and a 200 day moving average price of C$165.05. The company has a debt-to-equity ratio of 12.12, a current ratio of 1.89 and a quick ratio of 2.29.

Analysts Set New Price Targets

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