Kinaxis Inc (KXS) Insider Sells C$1,301,550.00 in Stock
Kinaxis Inc (TSE:KXS) insider Richard George Monkman sold 15,000 shares of Kinaxis stock in a transaction that occurred on Tuesday, May 16th. The stock was sold at an average price of C$86.77, for a total transaction of C$1,301,550.00.
Richard George Monkman also recently made the following trade(s):
- On Tuesday, March 21st, Richard George Monkman sold 4,200 shares of Kinaxis stock. The stock was sold at an average price of C$74.30, for a total transaction of C$312,060.00.
- On Thursday, March 16th, Richard George Monkman sold 5,800 shares of Kinaxis stock. The stock was sold at an average price of C$73.96, for a total transaction of C$428,968.00.
Kinaxis Inc (TSE:KXS) traded down 4.41% during midday trading on Wednesday, hitting $83.01. 84,895 shares of the company were exchanged. Kinaxis Inc has a 1-year low of $47.33 and a 1-year high of $87.45. The stock has a market capitalization of $2.10 billion and a price-to-earnings ratio of 207.01. The stock has a 50 day moving average of $79.78 and a 200-day moving average of $69.71.
Several equities analysts have commented on KXS shares. CIBC lifted their target price on shares of Kinaxis from C$72.00 to C$82.00 in a research report on Friday, March 3rd. TD Securities lifted their target price on shares of Kinaxis from C$81.00 to C$98.00 and gave the stock a “buy” rating in a research report on Sunday, May 7th. Canaccord Genuity lifted their target price on shares of Kinaxis from C$74.00 to C$80.00 and gave the stock a “buy” rating in a research report on Thursday, March 2nd. Eight Capital reissued a “buy” rating and set a C$91.00 target price on shares of Kinaxis in a research report on Tuesday, April 25th. Finally, Royal Bank of Canada reissued an “outperform” rating and set a C$82.00 target price on shares of Kinaxis in a research report on Monday, February 27th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of C$84.67.
Kinaxis Company Profile
Kinaxis Inc is a provider of cloud-based subscription software for supply chain operations. The Company offers RapidResponse as a collection of cloud-based configurable applications. The Company’s RapidResponse product provides supply chain planning and analytics capabilities that create the foundation for managing multiple, interconnected supply chain management processes, including demand planning, supply planning, inventory management, order fulfillment and capacity planning.
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