Insider Buying: Black Diamond, Inc. (CLAR) Director Buys 25,000 Shares of Stock
Black Diamond, Inc. (NASDAQ:CLAR) Director Nicolas Sokolow purchased 25,000 shares of the company’s stock in a transaction on Friday, August 25th. The shares were purchased at an average price of $7.10 per share, for a total transaction of $177,500.00. Following the purchase, the director now owns 65,000 shares in the company, valued at approximately $461,500. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Nicolas Sokolow also recently made the following trade(s):
- On Thursday, August 24th, Nicolas Sokolow purchased 19,625 shares of Black Diamond stock. The shares were purchased at an average price of $6.39 per share, for a total transaction of $125,403.75.
- On Tuesday, August 22nd, Nicolas Sokolow purchased 15,800 shares of Black Diamond stock. The shares were purchased at an average price of $6.44 per share, for a total transaction of $101,752.00.
Black Diamond, Inc. (NASDAQ:CLAR) traded down 1.33% during trading on Tuesday, reaching $7.40. The company had a trading volume of 114,109 shares. The stock’s market capitalization is $222.09 million. Black Diamond, Inc. has a 1-year low of $4.41 and a 1-year high of $7.60. The firm has a 50-day moving average of $6.69 and a 200-day moving average of $6.01.
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Separately, Roth Capital set a $7.00 target price on Black Diamond and gave the stock a “hold” rating in a research note on Wednesday, August 23rd.
About Black Diamond
Clarus Corporation, formerly Black Diamond, Inc, through its ownership of Black Diamond Equipment, Ltd., is engaged in designing, manufacturing and marketing of active outdoor performance equipment and apparel for climbing, mountaineering, backpacking, skiing and a range of other year-round outdoor recreation activities.
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