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Black Diamond (NYSE:BDE) CFO Aaron Kuehne purchased 2,525 shares of Black Diamond stock on the open market in a transaction dated Thursday, August 14th. The stock was purchased at an average cost of $7.93 per share, for a total transaction of $20,023.25. Following the acquisition, the chief financial officer now directly owns 8,817 shares of the company’s stock, valued at approximately $69,919. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Black Diamond (NYSE:BDE) traded down 3.29% on Monday, hitting $7.64. 424,372 shares of the company’s stock traded hands. Black Diamond has a 1-year low of $7.73 and a 1-year high of $15.15. The stock’s 50-day moving average is $9.90 and its 200-day moving average is $10.82. The company’s market cap is $248.7 million.

Black Diamond (NYSE:BDE) last released its earnings data on Monday, August 11th. The company reported ($0.11) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.08) by $0.03. The company had revenue of $34.40 million for the quarter, compared to the consensus estimate of $43.65 million. During the same quarter in the prior year, the company posted ($0.01) earnings per share. The company’s quarterly revenue was up 17.8% on a year-over-year basis. Analysts expect that Black Diamond will post $-0.18 EPS for the current fiscal year.

BDE has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of Black Diamond from a “neutral” rating to an “underperform” rating in a research note on Monday. They now have a $7.50 price target on the stock. Separately, analysts at BMO Capital Markets downgraded shares of Black Diamond to a “market perform” rating in a research note on Thursday. Finally, analysts at Roth Capital reiterated a “neutral” rating on shares of Black Diamond in a research note on Wednesday, August 13th. They now have a $8.50 price target on the stock, down previously from $10.00. One analyst has rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $13.11.

Black Diamond, Inc (NYSE:BDE), formerly Clarus Corporation, incorporated in 1991, is engaged in designing, manufacturing and marketing outdoor performance products for climbing, mountaineering, backpacking, skiing and other outdoor recreation activities.

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