Key Points
- CEO sale: John J. Giamatteo sold 87,723 shares on Jan 6 at $3.88 (and 231,765 on Jan 2 at $3.82), raising about $1.23M and reducing his position by 9.68% to 818,557 shares (worth ≈$3.18M).
- Results and outlook: BlackBerry beat the quarter (EPS $0.05 vs $0.04; revenue $141.8M vs $137.5M) and set FY2026 EPS guidance of 0.140–0.160, but the analyst consensus remains a "Hold" with an average target of $5.10.
BlackBerry Limited (NYSE:BB - Get Free Report) CEO John Joseph Giamatteo sold 87,723 shares of the company's stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $3.88, for a total transaction of $340,365.24. Following the completion of the sale, the chief executive officer directly owned 818,557 shares of the company's stock, valued at $3,176,001.16. The trade was a 9.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.
John Joseph Giamatteo also recently made the following trade(s):
- On Friday, January 2nd, John Joseph Giamatteo sold 231,765 shares of BlackBerry stock. The stock was sold at an average price of $3.82, for a total transaction of $885,342.30.
BlackBerry Stock Down 0.9%
BlackBerry stock opened at $3.86 on Friday. The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 0.26. The firm has a market cap of $2.28 billion, a P/E ratio of 128.54 and a beta of 1.40. The business has a fifty day moving average of $4.20 and a two-hundred day moving average of $4.18. BlackBerry Limited has a twelve month low of $2.80 and a twelve month high of $6.24.
BlackBerry (NYSE:BB - Get Free Report) last released its quarterly earnings results on Thursday, December 18th. The company reported $0.05 EPS 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 firm had revenue of $141.80 million during the quarter, compared to analyst estimates of $137.54 million. During the same period in the previous year, the company posted $0.02 EPS. The business'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, analysts forecast that BlackBerry Limited will post -0.03 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of BB. Voya Investment Management LLC purchased a new position in shares of BlackBerry in the first quarter worth about $95,166,000. NewGen Equity Long Short Fund purchased a new stake in BlackBerry in the second quarter valued at approximately $12,366,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in BlackBerry by 103.9% in the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 312,472 shares of the company's stock worth $1,431,000 after buying an additional 159,203 shares during the period. First Trust Advisors LP raised its position in BlackBerry by 5.0% during the 2nd quarter. First Trust Advisors LP now owns 15,748,114 shares of the company's stock worth $72,126,000 after buying an additional 751,216 shares during the last quarter. Finally, DLD Asset Management LP acquired a new stake in BlackBerry during the 2nd quarter valued at approximately $9,160,000. Institutional investors and hedge funds own 54.48% of the company's stock.
Analyst Upgrades and Downgrades
A number of brokerages have recently issued reports on BB. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of BlackBerry in a research report on Friday, December 26th. Wall Street Zen upgraded shares of BlackBerry from a "hold" rating to a "buy" rating in a research note on Friday, September 26th. TD Cowen reaffirmed a "hold" rating and issued a $5.00 price target on shares of BlackBerry in a report on Friday, October 3rd. Zacks Research lowered BlackBerry from a "strong-buy" rating to a "hold" rating in a report on Monday, November 24th. Finally, Royal Bank Of Canada reissued a "sector perform" rating and issued a $4.50 price objective on shares of BlackBerry in a research report on Friday, December 19th. One equities research analyst has rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $5.10.
Read Our Latest Analysis on BlackBerry
BlackBerry Company Profile
(
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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