Kinaxis Inc. (TSE:KXS) Senior Officer Jay Allan Muelhoefer Sells 10,000 Shares

Kinaxis Inc. (TSE:KXSGet Rating) Senior Officer Jay Allan Muelhoefer sold 10,000 shares of the company’s stock in a transaction dated Monday, November 14th. The shares were sold at an average price of C$154.34, for a total transaction of C$1,543,426.00. Following the sale, the insider now owns 5,215 shares of the company’s stock, valued at C$804,896.66.

Kinaxis Price Performance

KXS stock opened at C$148.67 on Monday. Kinaxis Inc. has a 1 year low of C$119.48 and a 1 year high of C$229.98. The company has a market cap of C$4.14 billion and a P/E ratio of 337.89. The firm has a 50-day moving average of C$142.32 and a 200 day moving average of C$143.90. The company has a debt-to-equity ratio of 15.60, a current ratio of 2.38 and a quick ratio of 2.29.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. TD Securities cut their price target on shares of Kinaxis from C$215.00 to C$200.00 and set a “buy” rating for the company in a research report on Monday, November 7th. CIBC upped their price target on shares of Kinaxis from C$180.00 to C$190.00 and gave the company an “outperform” rating in a research report on Thursday, August 11th. Stifel Nicolaus increased their target price on shares of Kinaxis from C$215.00 to C$235.00 in a report on Thursday, August 11th. ATB Capital increased their target price on shares of Kinaxis from C$190.00 to C$200.00 in a report on Monday, November 7th. Finally, Scotiabank set a C$203.00 target price on shares of Kinaxis and gave the stock an “outperform” rating in a report on Monday, September 26th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of C$207.00.

Kinaxis Company Profile

(Get Rating)

Kinaxis Inc provides cloud-based subscription software for supply chain operations in the United States, Japan, Hong Kong, The Netherlands, South Korea, the United Kingdom, Singapore, France, Ireland, Germany, India, and Canada. It offers Kinaxis, a cloud-based software-as-a-service platform, which provides advanced planning, sales and operations planning, supply and demand planning, inventory management, and command and control center services.

Read More

Insider Buying and Selling by Quarter for Kinaxis (TSE:KXS)

Receive News & Ratings for Kinaxis Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kinaxis and related companies with MarketBeat.com's FREE daily email newsletter.