Kinaxis (TSE:KXS) Insider Conrad John Mandala Sells 924 Shares of Stock

Kinaxis Inc. (TSE:KXSGet Free Report) insider Conrad John Mandala sold 924 shares of the company’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of C$137.14, for a total transaction of C$126,717.36. Following the completion of the transaction, the insider directly owned 820 shares in the company, valued at C$112,454.80. This trade represents 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 transaction of C$4,443,000.00.

Kinaxis Trading Down 0.2%

TSE KXS opened at C$137.69 on Friday. Kinaxis Inc. has a 1-year low of C$117.22 and a 1-year high of C$212.45. The company has a current ratio of 1.72, a quick ratio of 2.29 and a debt-to-equity ratio of 12.15. The company has a market capitalization of C$3.76 billion, a PE ratio of 46.83, a price-to-earnings-growth ratio of 3.60 and a beta of 0.68. The firm’s fifty day simple moving average is C$140.51 and its 200-day simple moving average is C$152.83.

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

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Royal Bank Of Canada increased their target price on shares of Kinaxis from C$200.00 to C$210.00 and gave the stock an “outperform” rating in a research report on Friday, May 8th. TD Securities lowered their target price on shares of Kinaxis from C$229.00 to C$200.00 and set a “buy” rating on the stock in a research report on Friday, March 6th. Stifel Nicolaus lowered their target price on shares of Kinaxis from C$245.00 to C$200.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Canadian Imperial Bank of Commerce lowered their target price on shares of Kinaxis from C$203.00 to C$171.00 in a research report on Friday, April 17th. Finally, BMO Capital Markets increased their target price on shares of Kinaxis from C$180.00 to C$185.00 in a research report on Friday, May 8th. Six investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of C$200.75.

View Our Latest Stock Analysis on Kinaxis

About Kinaxis

(Get Free Report)

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.

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

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