Black Diamond Group (TSE:BDI) Director Elizabeth Kernaghan Sells 259,700 Shares of Stock

Key Points

• Director Elizabeth Kernaghan sold 259,700 Black Diamond Group shares at an average price of C$20.76, generating proceeds of approximately C$5.39 million and reducing her ownership by 3.99% to 6.24 million shares.
• Black Diamond shares rose 3.6% to C$20.93, near their 12-month high of C$21.10, with trading volume substantially above average.
• The company reported quarterly revenue of C$129.18 million and EPS of C$0.09, while analysts expect full-year EPS of approximately C$0.535.

Black Diamond Group Limited (TSE:BDI - Get Free Report) Director Elizabeth Kernaghan sold 259,700 shares of the company's stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of C$20.76, for a total value of C$5,391,372.00. Following the completion of the sale, the director owned 6,242,200 shares of the company's stock, valued at C$129,588,072. This trade represents a 3.99% decrease in their ownership of the stock.

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

• On Wednesday, September 30th, Elizabeth Kernaghan sold 8,300 shares of Black Diamond Group stock. The stock was sold at an average price of C$20.36, for a total transaction of C$168,988.00.
• On Wednesday, September 30th, Elizabeth Kernaghan sold 1,700 shares of Black Diamond Group stock. The stock was sold at an average price of C$20.35, for a total transaction of C$34,595.00.
• On Wednesday, September 30th, Elizabeth Kernaghan sold 5,000 shares of Black Diamond Group stock. The stock was sold at an average price of C$20.30, for a total value of C$101,500.00.
• 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 value of C$146,377.00.
• On Tuesday, July 7th, Elizabeth Kernaghan sold 400 shares of Black Diamond Group stock. The shares were 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 value 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 value of C$1,069,040.00.
• On Friday, July 10th, Elizabeth Kernaghan sold 255,500 shares of Black Diamond Group stock. The shares were sold at an average price of C$19.05, for a total value of C$4,867,275.00.

Black Diamond Group Stock Up 3.6%

Shares of TSE BDI traded up C$0.73 during mid-day trading on Friday, reaching C$20.93. The company had a trading volume of 571,092 shares, compared to its average volume of 196,415. The stock has a fifty day moving average of C$18.21 and a two-hundred day moving average of C$17.98. Black Diamond Group Limited has a 12-month low of C$13.47 and a 12-month high of C$21.10. The company has a market capitalization of C$1.43 billion, a price-to-earnings ratio of 59.80 and a beta of 1.06. The company has a debt-to-equity ratio of 100.26, a quick ratio of 1.05 and a current ratio of 1.57.

Black Diamond Group (TSE:BDI - Get Free Report) last issued its earnings results on Thursday, July 30th. The company reported C$0.09 earnings per share (EPS) for the quarter. Black Diamond Group had a net margin of 4.60% and a return on equity of 5.89%. The company had revenue of C$129.18 million during the quarter. As a group, equities research analysts expect that Black Diamond Group Limited will post 0.5349233 EPS 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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