Kinaxis Q earnings beat estimates, but insiders sold shares worth $5.25M in past three months.
Cloud-based supply chain software provider Kinaxis (TSE: KXS) saw its price targets lowered by ATB Capital, Scotiabank, TD Securities, and CIBC, with current price targets ranging from C$190.00 to C$205.00. Kinaxis reported Q earnings of C$0.36/share, exceeding consensus estimates by C$0.06. However, over the past three months, insiders sold 34,650 shares worth $5,253,452, with insiders owning 1.22% of the stock.
August 02, 2024
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