Black Diamond Group (TSE:BDI) Director Elizabeth Kernaghan Sells 255,500 Shares of Stock

Black Diamond Group Limited (TSE:BDI) Director Elizabeth Kernaghan sold 255,500 shares of Black Diamond Group stock in a transaction dated Friday, July 10th. The shares were sold at an average price of C$19.05, for a total transaction of C$4,867,275.00. Following the completion of the sale, the director directly owned 6,584,800 shares in the company, valued at approximately C$125,440,440. The trade was a 3.74% decrease in their position.

Elizabeth Kernaghan also recently made the following trade(s):

• On Tuesday, July 7th, Elizabeth Kernaghan 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, Elizabeth Kernaghan 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, Elizabeth Kernaghan 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, Elizabeth Kernaghan 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, Elizabeth Kernaghan sold 56,000 shares of Black Diamond Group stock. The stock was sold at an average price of C$19.09, for a total value of C$1,069,040.00.

Black Diamond Group Price Performance

Shares of BDI traded up C$0.01 during mid-day trading on Friday, hitting C$18.98. The company’s stock had a trading volume of 456,279 shares, compared to its average volume of 164,621. The company has a current ratio of 1.45, a quick ratio of 1.05 and a debt-to-equity ratio of 93.57. Black Diamond Group Limited has a 1-year low of C$10.41 and a 1-year high of C$20.14. The firm has a market capitalization of C$1.30 billion, a P/E ratio of 38.73 and a beta of 1.08. The firm has a 50-day simple moving average of C$18.41 and a 200 day simple moving average of C$17.06.

Black Diamond Group (TSE:BDI) last announced its quarterly earnings data on Thursday, April 30th. The company reported C$0.04 earnings per share for the quarter. Black Diamond Group had a return on equity of 8.46% and a net margin of 6.54%.The firm had revenue of C$129.98 million for the quarter. Analysts predict that Black Diamond Group Limited will post 0.5349233 EPS for the current fiscal year.

Key Headlines Impacting Black Diamond Group

Here are the key news stories impacting Black Diamond Group this week:

• Negative Sentiment: Director Elizabeth Kernaghan and related insider Kernwood Limited sold multiple blocks of shares between July 7 and July 10, including large transactions of 192,000 and 255,500 shares at prices around C$19.00–C$19.18. Heavy insider selling can sometimes weigh on investor sentiment because it may be viewed as a sign that leadership thinks the stock is near fair value. Article Title
• Neutral Sentiment: The reported trades were relatively small on a percentage basis for the insider’s overall holdings, and the filings show no change in the insider’s broader control of the company. That makes the sales more notable as a sentiment signal than as a meaningful ownership shift. Article Title

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.