Kinaxis Inc. (KXS)has notable insider net $ selling
Kinaxis Inc. (T:KXS)
Megan Paterson, a Senior Officer, acquired 5,000 Common Shares on a direct ownership basis at prices ranging from $11.840 and $17.800 through an exercise of options on March 6th, 2018. The insider also disposed 5,000 Common Shares on a direct ownership basis at prices ranging from $83.936 and $84.995 through the public market on March 6th, 2018. This represents a $348,228 net divestment of the company's shares and an account share holdings change of 0%.
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. The Company's customers include companies in various industries, including high technology and electronics; aerospace and defense; life sciences and pharmaceuticals; industrial, and automotive. Its sales and operations planning solutions include demand planning, aggregate supply planning, capacity planning (constraints), inventory planning and optimization, and inventory management. The Company's supply chain management applications include capacity planning, order fulfillment and supplier collaboration.