Insider Selling: Black Diamond Group (TSE:BDI) Insider Sells C$5,391,372.00 in Stock

by · The Markets Daily

Black Diamond Group Limited (TSE:BDI – Get Free Report) insider Kernwood Limited sold 259,700 shares of the stock in a transaction dated 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 sale, the insider directly owned 6,242,200 shares in the company, valued at C$129,588,072. This represents a 3.99% decrease in their ownership of the stock.

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

  • On Wednesday, September 30th, Kernwood Limited sold 8,300 shares of Black Diamond Group stock. The shares were sold at an average price of C$20.36, for a total value of C$168,988.00.
  • On Wednesday, September 30th, Kernwood Limited sold 1,700 shares of Black Diamond Group stock. The stock was sold at an average price of C$20.35, for a total value of C$34,595.00.
  • On Wednesday, September 30th, Kernwood Limited 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, 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 shares were 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 shares were 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 stock was 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 transaction of C$1,069,040.00.
  • 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

Shares of BDI traded up C$0.73 during trading hours on Friday, hitting C$20.93. The stock had a trading volume of 571,092 shares, compared to its average volume of 196,415. The company has a debt-to-equity ratio of 100.26, a quick ratio of 1.05 and a current ratio of 1.57. The firm has a 50-day moving average price of C$18.21 and a 200 day moving average price of C$17.98. Black Diamond Group Limited has a fifty-two week low of C$13.47 and a fifty-two week high of C$21.10. The firm has a market capitalization of C$1.43 billion, a price-to-earnings ratio of 59.80 and a beta of 1.06.

Black Diamond Group (TSE:BDI – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The company reported C$0.09 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 for the quarter. As a group, research analysts anticipate that Black Diamond Group Limited will post 0.5349233 EPS for the current year.

Black Diamond Group Company Profile

(Get Free Report)

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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