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

Kinaxis Inc. (T:KXS)

Jay Allan Muelhoefer, a Senior Officer, acquired 10,000 Common Shares on a direct ownership basis at a price of $81.240 through an exercise of options on November 14th, 2022. The insider also disposed 10,000 Common Shares on a direct ownership basis at a price of $154.343 through the public market on November 14th, 2022. This represents a $731,026 net divestment of the company's shares and an account share holdings change of 0%.

Kinaxis Inc. is engaged in the design, development, marketing and sale of supply chain planning software and solutions. The Company is a provider of cloud-based subscription software that enables its customers in analyzing and decision-making across their supply chain operations. It combines human intelligence with artificial intelligence (AI) and concurrent planning to enable companies to plan for any future, monitor risks and opportunities, and respond in real time. It offers a range of solutions, including applications, platforms, and app warehouses. Its application solutions planning one, sales and operations planning, demand planning, supply planning and inventory management. Its platform solutions include concurrent planning, artificial intelligence, advanced analytics, and custom learning. Its app warehouse solutions include order management, transportation management, and recycling planning. It serves various industries, such as electronics, automotive, life science and retail.