K-Bro Linen (TSE:KBL) Insider Acquires C$110,351.10 in Stock

Posted by on Jun 3rd, 2026

K-Bro Linen Inc. (TSE:KBL – Get Free Report) insider K-Bro Linen Inc. acquired 2,670 shares of the firm’s stock in a transaction dated Friday, May 29th. The stock was bought at an average price of C$41.33 per share, with a total value of C$110,351.10. Following the completion of the acquisition, the insider directly owned 343,321 shares of the company’s stock, valued at approximately C$14,189,456.93. This represents a 0.78% increase in their ownership of the stock.

K-Bro Linen Inc. also recently made the following trade(s):

  • On Tuesday, May 26th, K-Bro Linen Inc. bought 4,541 shares of K-Bro Linen stock. The shares were acquired at an average cost of C$41.83 per share, with a total value of C$189,950.03.
  • On Wednesday, May 27th, K-Bro Linen Inc. bought 5,341 shares of K-Bro Linen stock. The shares were acquired at an average cost of C$41.25 per share, with a total value of C$220,316.25.
  • On Thursday, May 28th, K-Bro Linen Inc. bought 2,070 shares of K-Bro Linen stock. The shares were acquired at an average cost of C$41.20 per share, with a total value of C$85,284.00.

K-Bro Linen Price Performance

KBL stock traded up C$0.13 on Tuesday, hitting C$41.20. 9,861 shares of the company’s stock traded hands, compared to its average volume of 21,899. K-Bro Linen Inc. has a 1-year low of C$33.30 and a 1-year high of C$42.69. The stock has a market cap of C$531.56 million, a price-to-earnings ratio of 25.59, a P/E/G ratio of 3.50 and a beta of 0.57. The stock has a fifty day moving average of C$37.98 and a 200-day moving average of C$36.15. The company has a current ratio of 1.87, a quick ratio of 0.87 and a debt-to-equity ratio of 116.44.

K-Bro Linen (TSE:KBL – Get Free Report) last released its earnings results on Tuesday, May 5th. The company reported C$0.36 EPS for the quarter. K-Bro Linen had a net margin of 3.51% and a return on equity of 7.12%. The business had revenue of C$139.11 million during the quarter. On average, analysts forecast that K-Bro Linen Inc. will post 2.3389262 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts recently commented on KBL shares. National Bank Financial set a C$51.00 target price on shares of K-Bro Linen and gave the company an “outperform” rating in a research note on Friday, April 10th. TD increased their target price on shares of K-Bro Linen from C$50.00 to C$52.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$50.20.

View Our Latest Stock Analysis on KBL

About K-Bro Linen

(Get Free Report)

K-Bro Linen Inc is a healthcare and hospitality laundry and linen processor in Canada. It operates in major cities across Canada, and has two distribution centers, providing management services and laundry processing of hospitality, healthcare, and specialty linens. The company provides vital products and services that help people heal, travel, live, and play. It helps hospitals and extended care centers care for the young, old, and vulnerable in environmentally responsible ways. It operates through two divisions, which are the Canadian division and the United Kingdom division.

See Also

Receive News & Ratings for K-Bro Linen Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for K-Bro Linen and related companies with MarketBeat.com's FREE daily email newsletter.