Kinaxis Inc. (TSE:KXS – Get 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.
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
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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