Insider Selling: Black Diamond Group (TSE:BDI) Insider Sells C$168,988.00 in Stock

Key Points

• Kernwood Limited sold 8,300 Black Diamond Group shares at an average price of C$20.36, generating C$168,988 and reducing its position by 0.13%. The insider retained 6.51 million shares valued at approximately C$132.5 million.
• Kernwood also reported several other sales, including 259,700 shares sold for C$5.39 million on October 2, alongside substantial sales during July.
• Black Diamond shares traded at C$20.93, near their 12-month high of C$21.10, with a C$1.43 billion market capitalization. The company recently reported quarterly revenue of C$129.18 million and EPS of C$0.09.

Black Diamond Group Limited (TSE:BDI - Get Free Report) insider Kernwood Limited sold 8,300 shares of the business's stock in a transaction that occurred on Wednesday, September 30th. The stock was sold at an average price of C$20.36, for a total transaction of C$168,988.00. Following the completion of the transaction, the insider directly owned 6,508,600 shares of the company's stock, valued at C$132,515,096. This trade represents a 0.13% decrease in their position.

Kernwood Limited also recently made the following trade(s):

• On Wednesday, September 30th, Kernwood Limited sold 1,700 shares of Black Diamond Group stock. The shares were sold at an average price of C$20.35, for a total transaction of C$34,595.00.
• On Wednesday, September 30th, Kernwood Limited sold 5,000 shares of Black Diamond Group stock. The shares were sold at an average price of C$20.30, for a total transaction of C$101,500.00.
• On Friday, October 2nd, Kernwood Limited sold 259,700 shares of Black Diamond Group stock. The stock was sold at an average price of C$20.76, for a total transaction of C$5,391,372.00.
• On Tuesday, July 7th, Kernwood Limited 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, Kernwood Limited 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, Kernwood Limited sold 400 shares of Black Diamond Group stock. The stock was sold at an average price of C$19.00, for a total value of C$7,600.00.
• On Wednesday, July 8th, Kernwood Limited 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, Kernwood Limited sold 56,000 shares of Black Diamond Group stock. The stock was sold at an average price of C$19.09, for a total value of C$1,069,040.00.
• On Friday, July 10th, Kernwood Limited sold 255,500 shares of Black Diamond Group stock. The stock was sold at an average price of C$19.05, for a total value of C$4,867,275.00.

Black Diamond Group Stock Performance

Shares of Black Diamond Group stock traded up C$0.73 during midday trading on Friday, hitting C$20.93. The company had a trading volume of 571,092 shares, compared to its average volume of 196,415. The company has a fifty day simple moving average of C$18.21 and a 200 day simple moving average of C$17.98. The stock has a market cap of C$1.43 billion, a price-to-earnings ratio of 59.80 and a beta of 1.06. The company has a quick ratio of 1.05, a current ratio of 1.57 and a debt-to-equity ratio of 100.26. Black Diamond Group Limited has a 12-month low of C$13.47 and a 12-month high of C$21.10.

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

Black Diamond Group Company Profile

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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