Insider Selling: Black Diamond Group (TSE:BDI) Insider Sells 56,000 Shares

Black Diamond Group Limited (TSE:BDI) insider Kernwood Limited sold 56,000 shares of Black Diamond Group stock in a transaction dated Thursday, July 9th. The stock was sold at an average price of C$19.09, for a total transaction of C$1,069,040.00. Following the completion of the transaction, the insider owned 6,840,300 shares of the company’s stock, valued at C$130,581,327. The trade was a 0.81% decrease in their position.

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

• 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 transaction of C$3,804.00.
• On Tuesday, July 7th, Kernwood Limited sold 7,700 shares of Black Diamond Group stock. The shares were sold at an average price of C$19.01, for a total transaction 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 transaction 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 transaction of C$3,682,560.00.
• On Friday, July 10th, Kernwood Limited sold 255,500 shares of Black Diamond Group stock. The shares were sold at an average price of C$19.05, for a total transaction of C$4,867,275.00.

Black Diamond Group Stock Performance

BDI stock traded up C$0.01 during midday trading on Friday, reaching C$18.98. 456,279 shares of the company’s stock traded hands, compared to its average volume of 164,621. The firm has a market capitalization of C$1.30 billion, a PE ratio of 38.73 and a beta of 1.08. The company has a 50-day moving average price of C$18.41 and a two-hundred day moving average price of C$17.06. Black Diamond Group Limited has a 52 week low of C$10.41 and a 52 week high of C$20.14. The company has a debt-to-equity ratio of 93.57, a quick ratio of 1.05 and a current ratio of 1.45.

Black Diamond Group (TSE:BDI) last posted its quarterly earnings results on Thursday, April 30th. The company reported C$0.04 EPS for the quarter. The firm had revenue of C$129.98 million during the quarter. Black Diamond Group had a return on equity of 8.46% and a net margin of 6.54%. As a group, equities analysts anticipate that Black Diamond Group Limited will post 0.5349233 EPS for the current 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.