Kinaxis Inc. (KXS)has notable insider net $ selling

Kinaxis Inc. (T:KXS)

Michael David Mauger, a Senior Officer, acquired 6,500 Common Shares on a direct ownership basis at a price of $76.480 through an exercise of options on March 5th, 2020. The insider also disposed 6,500 Common Shares on a direct ownership basis at a price of $118.595 through the public market on March 5th, 2020. This represents a $273,750 net divestment of the company's shares and an account share holdings change of 0%.

John Ernest Sicard, CEO and Director, disposed 12,200 Common Shares on a direct ownership basis at a price of $119.000 through the public market on March 5th, 2020. This represents a $1,451,800 divestment of the company's shares and an account share holdings change of -24.6%.

Kinaxis Inc. is a Canada-based company that provides cloud-based, software-as-a-service (SaaS) solutions. The Company's subscription software enables its customers to analyze and make decisions across their supply chain operations. Its solutions include sales and operations planning, integrated project management, live lens, capacity planning (Constraints), capacity planning (CRP), demand planning, order fulfillment, inventory management, inventory planning and optimization, self-healing supply chain, aggregate supply planning, distribution requirements planning, master production scheduling, supply action management, supplier collaboration and engineering change management. The Company serves various industries, such as aerospace and defense, automotive, consumer products, industrial and life sciences.