Key Points
- Kevin Gregoire sold 2,000 shares on March 4 at an average price of $50.02 for total proceeds of $100,040, leaving him with 135,194 shares (a 1.46% reduction in his position).
- Blackbaud recently reported a quarter with EPS of $1.19 beating estimates and revenue of $295.3M (down 2.3% YoY), set FY 2026 guidance of $5.150–5.250 EPS, and the stock trades near $48.16 with an average analyst rating of "Hold" and a $56.25 price target.
- Institutional investors own 94.21% of Blackbaud, which has a market cap of about $2.21 billion and a 12‑month trading range of $45.71–$74.88.
Blackbaud, Inc. (NASDAQ:BLKB - Get Free Report) EVP Kevin Gregoire sold 2,000 shares of the company's stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $50.02, for a total transaction of $100,040.00. Following the completion of the transaction, the executive vice president owned 135,194 shares in the company, valued at approximately $6,762,403.88. This represents a 1.46% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Blackbaud Stock Performance
Shares of NASDAQ:BLKB traded down $1.14 during trading on Friday, hitting $48.16. The company's stock had a trading volume of 515,494 shares, compared to its average volume of 610,140. The company has a debt-to-equity ratio of 12.78, a current ratio of 0.79 and a quick ratio of 0.79. The company has a 50-day moving average of $53.62 and a 200-day moving average of $59.94. The firm has a market cap of $2.21 billion, a price-to-earnings ratio of 20.24, a P/E/G ratio of 1.70 and a beta of 1.11. Blackbaud, Inc. has a 12 month low of $45.71 and a 12 month high of $74.88.
Blackbaud (NASDAQ:BLKB - Get Free Report) last announced its quarterly earnings data on Tuesday, February 10th. The technology company reported $1.19 EPS for the quarter, beating the consensus estimate of $1.15 by $0.04. The firm had revenue of $295.26 million for the quarter, compared to the consensus estimate of $292.71 million. Blackbaud had a net margin of 10.19% and a return on equity of 175.57%. The company's revenue was down 2.3% on a year-over-year basis. During the same period last year, the firm earned $1.08 EPS. Blackbaud has set its FY 2026 guidance at 5.150-5.250 EPS. On average, sell-side analysts expect that Blackbaud, Inc. will post 3.05 earnings per share for the current year.
Wall Street Analyst Weigh In
Several equities analysts have issued reports on the stock. Wall Street Zen raised shares of Blackbaud from a "hold" rating to a "buy" rating in a report on Sunday, November 9th. Evercore set a $55.00 price target on Blackbaud in a report on Wednesday, February 11th. Raymond James Financial set a $60.00 price target on Blackbaud in a research note on Tuesday, February 10th. Weiss Ratings reiterated a "sell (d)" rating on shares of Blackbaud in a report on Wednesday, January 21st. Finally, Robert W. Baird set a $60.00 price objective on Blackbaud in a research report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $56.25.
Get Our Latest Stock Report on BLKB
Institutional Trading of Blackbaud
Large investors have recently modified their holdings of the stock. CWM LLC grew its position in shares of Blackbaud by 215.9% during the second quarter. CWM LLC now owns 458 shares of the technology company's stock worth $29,000 after buying an additional 313 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in shares of Blackbaud in the 2nd quarter valued at approximately $33,000. Rothschild Investment LLC raised its holdings in shares of Blackbaud by 589.0% in the 4th quarter. Rothschild Investment LLC now owns 565 shares of the technology company's stock valued at $36,000 after purchasing an additional 483 shares in the last quarter. TD Private Client Wealth LLC raised its holdings in shares of Blackbaud by 4,300.0% in the 4th quarter. TD Private Client Wealth LLC now owns 616 shares of the technology company's stock valued at $39,000 after purchasing an additional 602 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position in shares of Blackbaud by 380.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 615 shares of the technology company's stock worth $39,000 after purchasing an additional 487 shares during the last quarter. Hedge funds and other institutional investors own 94.21% of the company's stock.
About Blackbaud
(
Get Free Report)
Blackbaud, Inc is a leading provider of cloud software, services and data intelligence solutions designed specifically for the social good community. The company's main offerings include fundraising and relationship management platforms, financial management systems, grant and award management tools, and advanced analytics. Its flagship products—such as Raiser's Edge NXT, Blackbaud Financial Edge NXT and Blackbaud NetCommunity—help nonprofit organizations, educational institutions, healthcare providers and foundations streamline donor engagement, optimize financial operations and measure program impact.
Founded in 1981 and headquartered in Charleston, South Carolina, Blackbaud has grown from a small technology startup into a global specialist in nonprofit software.
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