Insider Selling: Kinaxis (TSE:KXS) Insider Sells C$126,717.36 in Stock

Kinaxis Inc. (TSE:KXS) insider Conrad John Mandala sold 924 shares of the business’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of C$137.14, for a total value of C$126,717.36. Following the transaction, the insider directly owned 820 shares of the company’s stock, valued at C$112,454.80. The trade was a 52.98% decrease in their ownership of the stock.

Conrad John Mandala also recently made the following trade(s):

• On Monday, May 11th, Conrad John Mandala sold 30,000 shares of Kinaxis stock. The stock was sold at an average price of C$148.10, for a total value of C$4,443,000.00.

Kinaxis Trading Up 0.9%

KXS opened at C$138.89 on Friday. Kinaxis Inc. has a 12 month low of C$117.22 and a 12 month high of C$212.45. The stock has a market capitalization of C$3.79 billion, a price-to-earnings ratio of 47.24, a PEG ratio of 3.60 and a beta of 0.68. The company has a debt-to-equity ratio of 12.15, a current ratio of 1.72 and a quick ratio of 2.29. The business has a fifty day moving average price of C$140.68 and a 200 day moving average price of C$152.73.

Kinaxis (TSE:KXS) last released its earnings results on Wednesday, May 6th. The company reported C$1.45 EPS for the quarter. Kinaxis had a return on equity of 19.72% and a net margin of 14.48%.The firm had revenue of C$230.19 million during the quarter. Sell-side analysts expect that Kinaxis Inc. will post 4.2526231 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. 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 note on Friday, May 8th. Canaccord Genuity Group lowered their target price on Kinaxis from C$225.00 to C$200.00 in a research note on Friday, March 6th. TD Securities lowered their target price on Kinaxis from C$229.00 to C$200.00 and set a “buy” rating for the company in a research note on Friday, March 6th. Stifel Nicolaus decreased their price target on Kinaxis from C$245.00 to C$200.00 and set a “buy” rating for the company in a report on Wednesday, May 6th. Finally, BMO Capital Markets lifted their price target on Kinaxis from C$180.00 to C$185.00 in a report on Friday, May 8th. Six research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of C$200.75.

About Kinaxis

Kinaxis Inc is a Canada-based provider of software solutions for sales and operations planning (S&OP) and supply chain management. The firm’s flagship RapidResponse product is offered on the cloud. Its capabilities include consequence evaluation and alerting, responsibility-based collaboration, high-speed analytics, and scenario simulation. Kinaxis’s S&OP solution capabilities include supply and demand planning, capacity and inventory planning, and inventory management. The firm has operations in North America, Europe, and Asia-Pacific regions.