Richard McCann Sells 760,911 Shares of Kainos Group (LON:KNOS) Stock

Kainos Group plc (LON:KNOS) insider Richard McCann sold 760,911 shares of Kainos Group stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of GBX 779, for a total transaction of £5,927,496.69.

Kainos Group Trading Up 0.2%

LON:KNOS traded up GBX 1.70 during trading hours on Wednesday, reaching GBX 768.70. The company’s stock had a trading volume of 498,082 shares, compared to its average volume of 3,543,873. The company has a debt-to-equity ratio of 6.11, a quick ratio of 1.59 and a current ratio of 1.17. The firm has a market capitalization of £885.34 million, a price-to-earnings ratio of 21.90, a PEG ratio of 2.15 and a beta of 0.81. Kainos Group plc has a 1 year low of GBX 680.50 and a 1 year high of GBX 1,190. The firm has a 50-day simple moving average of GBX 828.20 and a 200-day simple moving average of GBX 845.08.

Kainos Group (LON:KNOS) last released its earnings results on Monday, May 18th. The company reported GBX 41.60 EPS for the quarter. The business had revenue of £431.10 million for the quarter. Kainos Group had a return on equity of 41.45% and a net margin of 9.86%. Research analysts expect that Kainos Group plc will post 48.0997625 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have issued reports on KNOS shares. Stifel Nicolaus restated a “buy” rating and set a GBX 1,282 price target on shares of Kainos Group in a research note on Tuesday, April 21st. Shore Capital Group restated a “buy” rating on shares of Kainos Group in a report on Monday, April 20th. Canaccord Genuity Group boosted their target price on Kainos Group from GBX 1,150 to GBX 1,200 and gave the stock a “buy” rating in a research note on Tuesday, May 19th. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 1,185 price target on shares of Kainos Group in a research report on Tuesday, May 19th. Five equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Kainos Group has an average rating of “Buy” and an average target price of GBX 1,173.40.

About Kainos Group

Kainos Group plc engages in the provision of digital technology services in the United Kingdom, Ireland, North America, Central Europe, and internationally. It operates through three segments: Digital Services, Workday Services, and Workday Products. The Digital Services segment develops and supports custom digital service platforms for transforming service delivery in public, commercial, and healthcare sectors. The Workday Services segment provides consulting, project management, integration, and post deployment services for Workday’s software suite, which includes cloud-based software for human capital management, and financial management, and adaptive planning.