Kinaxis Inc (TSE:KXS) insider Vasile Gelu Ticala sold 4,175 shares of Kinaxis stock in a transaction that occurred on Wednesday, March 14th. The shares were sold at an average price of C$85.50, for a total transaction of C$356,962.50.
Vasile Gelu Ticala also recently made the following trade(s):
- On Monday, March 12th, Vasile Gelu Ticala sold 2,200 shares of Kinaxis stock. The shares were sold at an average price of C$85.50, for a total transaction of C$188,100.00.
- On Monday, March 5th, Vasile Gelu Ticala sold 300 shares of Kinaxis stock. The stock was sold at an average price of C$85.60, for a total transaction of C$25,680.00.
TSE KXS opened at C$81.69 on Friday. Kinaxis Inc has a 1 year low of C$63.15 and a 1 year high of C$91.98.
Kinaxis (TSE:KXS) last posted its earnings results on Wednesday, February 28th. The company reported C$0.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.28 by C($0.01). The business had revenue of C$43.72 million for the quarter, compared to analyst estimates of C$43.54 million. Kinaxis had a net margin of 18.01% and a return on equity of 21.57%.
Several research firms have issued reports on KXS. TD Securities lifted their price target on shares of Kinaxis from C$93.00 to C$98.00 in a report on Friday, March 2nd. Scotiabank boosted their price objective on shares of Kinaxis from C$78.00 to C$90.00 and gave the company an “outperform” rating in a report on Friday, March 2nd. Canaccord Genuity raised shares of Kinaxis from a “hold” rating to a “buy” rating and boosted their price objective for the company from C$75.00 to C$96.00 in a report on Friday, March 2nd. Eight Capital boosted their price objective on shares of Kinaxis from C$90.00 to C$100.00 in a report on Friday, March 2nd. Finally, Royal Bank of Canada boosted their price objective on shares of Kinaxis from C$90.00 to C$95.00 and gave the company an “outperform” rating in a report on Friday, February 23rd. Two equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of C$92.20.
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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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