Insider Selling: Black Diamond Group (TSE:BDI) Insider Sells C$3,682,560.00 in Stock

Black Diamond Group Limited (TSE:BDI) insider Kernwood Limited sold 192,000 shares of the company’s stock in a transaction dated Wednesday, July 8th. The shares were sold at an average price of C$19.18, for a total value of C$3,682,560.00. Following the sale, the insider owned 6,896,300 shares in the company, valued at approximately C$132,271,034. This represents a 2.71% decrease in their ownership of the stock.

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

• On Tuesday, July 7th, Kernwood Limited sold 200 shares of Black Diamond Group stock. The stock was 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 shares were sold at an average price of C$19.00, for a total transaction of C$7,600.00.
• On Thursday, July 9th, Kernwood Limited sold 56,000 shares of Black Diamond Group stock. The shares were 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 stock was sold at an average price of C$19.05, for a total transaction of C$4,867,275.00.

Black Diamond Group Stock Performance

Black Diamond Group stock opened at C$18.82 on Tuesday. Black Diamond Group Limited has a 1-year low of C$10.63 and a 1-year high of C$20.14. The company has a current ratio of 1.45, a quick ratio of 1.05 and a debt-to-equity ratio of 93.57. The firm has a market capitalization of C$1.29 billion, a PE ratio of 38.41 and a beta of 1.08. The firm’s 50 day simple moving average is C$18.45 and its 200 day simple moving average is C$17.10.

Black Diamond Group (TSE:BDI) last announced 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 net margin of 6.54% and a return on equity of 8.46%. As a group, analysts expect that Black Diamond Group Limited will post 0.5349233 earnings per share for the current fiscal 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.