Black Diamond Group (TSE:BDI) Director Sells C$4,867,275.00 in Stock

Key Points

• Black Diamond Group director Elizabeth Kernaghan sold 255,500 shares on July 10 at an average price of C$19.05, totaling about C$4.87 million. After the sale, she still held 6,584,800 shares, reducing her stake by 3.74%.
• Kernaghan also made several earlier sales in the same week, including a large 192,000-share sale on July 8 and a 56,000-share sale on July 9. In total, the insider transactions added up to a significant reduction in her position over several days.
• Black Diamond Group’s stock was up 0.1% to C$18.98, near its 52-week high of C$20.14. The company reported C$0.04 EPS last quarter on C$129.98 million in revenue, and analysts expect full-year EPS of about 0.535.

Black Diamond Group Limited (TSE:BDI - Get Free Report) Director Elizabeth Kernaghan sold 255,500 shares of Black Diamond Group stock in a transaction on Friday, July 10th. The shares were sold at an average price of C$19.05, for a total value of C$4,867,275.00. Following the transaction, the director owned 6,584,800 shares in the company, valued at C$125,440,440. This represents a 3.74% decrease in their position.

Elizabeth Kernaghan also recently made the following trade(s):

• On Tuesday, July 7th, Elizabeth Kernaghan sold 200 shares of Black Diamond Group stock. The shares were sold at an average price of C$19.02, for a total value of C$3,804.00.
• On Tuesday, July 7th, Elizabeth Kernaghan sold 7,700 shares of Black Diamond Group stock. The stock was sold at an average price of C$19.01, for a total transaction of C$146,377.00.
• On Tuesday, July 7th, Elizabeth Kernaghan sold 400 shares of Black Diamond Group stock. The stock was sold at an average price of C$19.00, for a total transaction of C$7,600.00.
• On Wednesday, July 8th, Elizabeth Kernaghan sold 192,000 shares of Black Diamond Group stock. The shares were sold at an average price of C$19.18, for a total transaction of C$3,682,560.00.
• On Thursday, July 9th, Elizabeth Kernaghan sold 56,000 shares of Black Diamond Group stock. The shares were sold at an average price of C$19.09, for a total transaction of C$1,069,040.00.

Black Diamond Group Stock Up 0.1%

Black Diamond Group stock traded up C$0.01 during trading hours on Friday, hitting C$18.98. The company had a trading volume of 456,279 shares, compared to its average volume of 164,621. Black Diamond Group Limited has a fifty-two week low of C$10.41 and a fifty-two week high of C$20.14. The company has a debt-to-equity ratio of 93.57, a current ratio of 1.45 and a quick ratio of 1.05. The firm has a market capitalization of C$1.30 billion, a P/E ratio of 38.73 and a beta of 1.08. The firm's fifty day moving average is C$18.41 and its 200-day moving average is C$17.06.

Black Diamond Group (TSE:BDI - Get Free Report) last issued its earnings results on Thursday, April 30th. The company reported C$0.04 earnings per share (EPS) for the quarter. The company had revenue of C$129.98 million during the quarter. Black Diamond Group had a net margin of 6.54% and a return on equity of 8.46%. On average, research analysts forecast that Black Diamond Group Limited will post 0.5349233 earnings per share for the current year.

About Black Diamond Group

Black Diamond is an industrial services and asset management company with two operating business units - Modular Space Solutions (MSS) and Workforce Solutions (WFS). Black Diamond operates in Canada, the United States and Australia. MSS, through its principal brands - BOXX Modular, CLM and Schiavi - owns a large rental fleet of modular buildings of various types and sizes. Its network of local branches rent, sell, service and provide ancillary products and services to a diverse customer base in the construction, industrial, education, financial, and government sectors.

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