Key Points
- Insider sale: CEO John Joseph Giamatteo sold 231,765 shares on Jan. 2 at an average price of $3.82 for about $885,342, reducing his ownership by 27.89% to 599,251 shares (≈$2.29M).
- Recent results and guidance: BlackBerry reported $0.05 EPS on $141.8M revenue (beating estimates) and set FY2026 guidance of $0.140–0.160 EPS (Q4 guidance 0.030–0.050), while analysts’ consensus is a “Hold” with an average target of $5.10.
- Institutional positioning: Large investors like Voya, Vanguard and First Trust have recently added or increased stakes, and institutional/hedge-fund ownership stands at about 54.48%.
BlackBerry Limited (NYSE:BB - Get Free Report) SVP Jennifer Armstrong-Owen sold 3,227 shares of the stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $3.82, for a total transaction of $12,327.14. Following the completion of the sale, the senior vice president directly owned 52,473 shares of the company's stock, valued at approximately $200,446.86. This trade represents a 5.79% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
BlackBerry Stock Up 1.2%
BB stock opened at $3.93 on Wednesday. BlackBerry Limited has a one year low of $2.80 and a one year high of $6.24. The firm has a market cap of $2.32 billion, a PE ratio of 130.88 and a beta of 1.40. The firm's 50 day moving average price is $4.24 and its 200-day moving average price is $4.19. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.14 and a current ratio of 2.14.
BlackBerry (NYSE:BB - Get Free Report) last issued its quarterly earnings data on Thursday, December 18th. The company reported $0.05 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.01. BlackBerry had a return on equity of 8.05% and a net margin of 4.02%.The company had revenue of $141.80 million during the quarter, compared to analyst estimates of $137.54 million. During the same period in the prior year, the business posted $0.02 earnings per share. The firm's revenue for the quarter was down 1.3% compared to the same quarter last year. BlackBerry has set its FY 2026 guidance at 0.140-0.160 EPS and its Q4 2026 guidance at 0.030-0.050 EPS. On average, equities research analysts anticipate that BlackBerry Limited will post -0.03 EPS for the current year.
Analysts Set New Price Targets
A number of research firms have commented on BB. Zacks Research cut shares of BlackBerry from a "strong-buy" rating to a "hold" rating in a research report on Monday, November 24th. Canaccord Genuity Group reissued a "hold" rating and issued a $4.60 price target on shares of BlackBerry in a research note on Friday, December 19th. TD Cowen reaffirmed a "hold" rating and set a $5.00 price objective on shares of BlackBerry in a research report on Friday, October 3rd. Weiss Ratings reissued a "sell (d+)" rating on shares of BlackBerry in a research report on Friday, December 26th. Finally, Wall Street Zen raised BlackBerry from a "hold" rating to a "buy" rating in a research note on Friday, September 26th. One investment analyst has rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $5.10.
Read Our Latest Stock Report on BB
Hedge Funds Weigh In On BlackBerry
A number of hedge funds have recently modified their holdings of BB. Voya Investment Management LLC purchased a new position in BlackBerry in the 1st quarter valued at $95,166,000. Vanguard Group Inc. increased its position in BlackBerry by 2.2% during the third quarter. Vanguard Group Inc. now owns 23,793,046 shares of the company's stock worth $116,086,000 after buying an additional 517,715 shares in the last quarter. First Trust Advisors LP raised its holdings in shares of BlackBerry by 18.1% in the third quarter. First Trust Advisors LP now owns 18,592,150 shares of the company's stock worth $90,730,000 after acquiring an additional 2,844,036 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of BlackBerry by 1.3% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,799,334 shares of the company's stock valued at $77,116,000 after acquiring an additional 209,448 shares in the last quarter. Finally, Hood River Capital Management LLC purchased a new stake in shares of BlackBerry in the second quarter valued at $52,441,000. 54.48% of the stock is currently owned by hedge funds and other institutional investors.
About BlackBerry
(
Get Free Report)
BlackBerry Limited, formerly known as Research In Motion (RIM), is a Canadian enterprise software and cybersecurity company based in Waterloo, Ontario. Since its founding in 1984, the firm has evolved from a pioneer in mobile devices into a specialist in secure communications, endpoint management, and embedded systems software. BlackBerry's core mission today centers on delivering security-first solutions that protect critical data and infrastructure across diverse industries.
At the heart of BlackBerry's offerings is the BlackBerry Spark® platform, which combines unified endpoint management (UEM), secure communications, and artificial intelligence–driven threat detection into a single framework.
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