Black Diamond, Inc. (NASDAQ:CLAR) Director Nicolas Sokolow bought 5,076 shares of the business’s stock in a transaction that occurred on Monday, November 13th. The shares were acquired at an average cost of $7.26 per share, for a total transaction of $36,851.76. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Nicolas Sokolow also recently made the following trade(s):

  • On Friday, August 25th, Nicolas Sokolow bought 25,000 shares of Black Diamond stock. The shares were acquired at an average cost of $7.10 per share, for a total transaction of $177,500.00.
  • On Thursday, August 24th, Nicolas Sokolow bought 19,625 shares of Black Diamond stock. The shares were acquired at an average cost of $6.39 per share, for a total transaction of $125,403.75.
  • On Tuesday, August 22nd, Nicolas Sokolow bought 15,800 shares of Black Diamond stock. The shares were acquired at an average cost of $6.44 per share, for a total transaction of $101,752.00.

Black Diamond, Inc. (NASDAQ CLAR) traded up $0.17 during midday trading on Friday, reaching $7.57. 166,090 shares of the company’s stock traded hands, compared to its average volume of 51,180. The company has a quick ratio of 1.68, a current ratio of 4.53 and a debt-to-equity ratio of 0.18. Black Diamond, Inc. has a 12 month low of $5.00 and a 12 month high of $7.95.

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A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Nationwide Fund Advisors acquired a new position in Black Diamond during the 3rd quarter worth approximately $423,000. Wasatch Advisors Inc. boosted its holdings in shares of Black Diamond by 6.2% in the 2nd quarter. Wasatch Advisors Inc. now owns 127,400 shares of the company’s stock valued at $847,000 after buying an additional 7,400 shares in the last quarter. California State Teachers Retirement System acquired a new position in shares of Black Diamond in the 2nd quarter valued at $242,000. State Street Corp boosted its holdings in shares of Black Diamond by 1,618.8% in the 2nd quarter. State Street Corp now owns 197,712 shares of the company’s stock valued at $1,316,000 after buying an additional 186,209 shares in the last quarter. Finally, Stifel Financial Corp boosted its holdings in shares of Black Diamond by 2.0% in the 2nd quarter. Stifel Financial Corp now owns 20,898 shares of the company’s stock valued at $139,000 after buying an additional 400 shares in the last quarter. Institutional investors own 47.96% of the company’s stock.

Several equities research analysts recently weighed in on the stock. Zacks Investment Research raised shares of Black Diamond from a “hold” rating to a “strong-buy” rating and set a $8.25 target price on the stock in a research note on Friday, November 10th. Stifel Nicolaus upped their target price on shares of Black Diamond from $8.00 to $9.00 and gave the stock a “buy” rating in a research note on Tuesday, November 7th. Finally, Roth Capital set a $7.00 target price on shares of Black Diamond and gave the stock a “hold” rating in a research note on Wednesday, August 23rd.

About Black Diamond

Clarus Corporation, formerly Black Diamond, Inc, through its ownership of Black Diamond Equipment, Ltd., is engaged in designing, manufacturing and marketing of active outdoor performance equipment and apparel for climbing, mountaineering, backpacking, skiing and a range of other year-round outdoor recreation activities.

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