Insider Selling: Kinaxis Inc. (TSE:KXS) Senior Officer Sells 2,003 Shares of Stock

Kinaxis Inc. (TSE:KXS) Senior Officer Christopher John Blaine Fitzgerald sold 2,003 shares of the firm’s stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of C$185.05, for a total value of C$370,656.55.

Kinaxis Stock Performance

Kinaxis stock opened at C$185.98 on Thursday. The company has a debt-to-equity ratio of 12.40, a current ratio of 1.90 and a quick ratio of 2.29. Kinaxis Inc. has a 12 month low of C$132.93 and a 12 month high of C$190.17. The company has a market cap of C$5.25 billion, a price-to-earnings ratio of 185.98, a price-to-earnings-growth ratio of 3.60 and a beta of 0.78. The stock’s 50-day moving average is C$166.79 and its 200-day moving average is C$158.62.

Kinaxis (TSE:KXS) last released its quarterly earnings data on Wednesday, October 30th. The company reported C$0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.43 by C$0.04. The company had revenue of C$165.79 million during the quarter, compared to analyst estimates of C$170.56 million. Kinaxis had a net margin of 4.59% and a return on equity of 4.87%. Equities analysts anticipate that Kinaxis Inc. will post 4.2526231 earnings per share for the current year.

Analyst Ratings Changes

KXS has been the subject of a number of analyst reports. ATB Capital boosted their price target on Kinaxis from C$205.00 to C$215.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. TD Securities lowered their target price on shares of Kinaxis from C$195.00 to C$190.00 and set a “buy” rating for the company in a research note on Friday, November 1st. Finally, Scotiabank dropped their target price on Kinaxis from C$200.00 to C$190.00 in a research note on Thursday, August 29th. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$192.67.

About Kinaxis

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.