Elizabeth Kernaghan Sells 146,500 Shares of Black Diamond Group (TSE:BDI) Stock

Key Points

• Director Elizabeth Kernaghan sold 146,500 shares on March 25 at an average price of C$16.15 for C$2,365,975, trimming her position by 19.47% to 605,900 shares (valued at about C$9.79M).
• Analysts remain constructive—several firms raised targets to C$20.00, and the stock carries a consensus Buy rating with an average target of C$19.25.
• Shares traded at C$15.86 (down 0.6%), with a market cap of C$1.08B, a PE of 29.37 and a high debt-to-equity ratio of 101.87, indicating modest valuation alongside notable leverage.

Black Diamond Group Limited (TSE:BDI - Get Free Report) Director Elizabeth Kernaghan sold 146,500 shares of the company's stock in a transaction on Wednesday, March 25th. The stock was sold at an average price of C$16.15, for a total value of C$2,365,975.00. Following the sale, the director owned 605,900 shares of the company's stock, valued at C$9,785,285. This trade represents a 19.47% decrease in their position.

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

• On Tuesday, March 17th, Elizabeth Kernaghan sold 200 shares of Black Diamond Group stock. The shares were sold at an average price of C$16.11, for a total value of C$3,222.00.
• On Tuesday, March 17th, Elizabeth Kernaghan sold 3,700 shares of Black Diamond Group stock. The stock was sold at an average price of C$16.10, for a total transaction of C$59,570.00.

Black Diamond Group Stock Down 0.6%

Shares of TSE BDI traded down C$0.09 during trading on Friday, hitting C$15.86. The stock had a trading volume of 65,092 shares, compared to its average volume of 135,914. Black Diamond Group Limited has a 12 month low of C$7.60 and a 12 month high of C$18.75. The company has a debt-to-equity ratio of 101.87, a current ratio of 1.42 and a quick ratio of 1.05. The company has a market capitalization of C$1.08 billion, a PE ratio of 29.37 and a beta of 1.13. The firm has a fifty day moving average of C$16.50 and a two-hundred day moving average of C$15.01.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on BDI shares. BMO Capital Markets increased their price objective on shares of Black Diamond Group from C$18.00 to C$20.00 in a research note on Friday, January 16th. Raymond James Financial downgraded Black Diamond Group from a "strong-buy" rating to a "moderate buy" rating and boosted their target price for the stock from C$18.00 to C$20.00 in a research note on Tuesday, January 20th. Finally, Canaccord Genuity Group upped their target price on Black Diamond Group from C$17.00 to C$20.00 and gave the company a "buy" rating in a report on Tuesday, March 3rd. Three analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of C$19.25.

About Black Diamond Group

Black Diamond Group Ltd rents and sells space rental solutions and modular workforce accommodations to business customers in Canada, the United States and Australia. The company also provides specialized field rentals to the oil and gas industries of Canada and the United States. Besides, Black Diamond Group provides turnkey lodging services, as well as a host of related services that include transportation, installation, dismantling, repairs, maintenance, and ancillary field equipment rentals. From its locations, the company serves multiple sectors including oil and gas, mining, power, construction, engineering, military, government, and education.

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