Key Points
- BlackBerry insider John Joseph Giamatteo sold 99,000 shares at an average price of C$8.74, generating proceeds of C$865,260 and reducing his ownership by 15.43% to 542,494 shares.
- The sale followed several other insider disposals in October, including more than 150,000 shares sold on October 21 at approximately C$9.40–C$9.42 per share.
- BlackBerry shares opened at C$12.46, with a C$7.31 billion market capitalization; the company recently reported C$0.10 EPS and quarterly revenue of C$219.02 million.
BlackBerry Limited (TSE:BB - Get Free Report) (NASDAQ:BBRY) insider John Joseph Giamatteo sold 99,000 shares of the company's stock in a transaction on Thursday, October 22nd. The stock was sold at an average price of C$8.74, for a total transaction of C$865,260.00. Following the completion of the transaction, the insider directly owned 542,494 shares of the company's stock, valued at approximately C$4,741,397.56. The trade was a 15.43% decrease in their ownership of the stock.
John Joseph Giamatteo also recently made the following trade(s):
- On Wednesday, October 21st, John Joseph Giamatteo sold 96,858 shares of BlackBerry stock. The stock was sold at an average price of C$9.40, for a total value of C$910,465.20.
- On Wednesday, October 21st, John Joseph Giamatteo sold 495 shares of BlackBerry stock. The stock was sold at an average price of C$9.40, for a total value of C$4,653.00.
- On Wednesday, October 21st, John Joseph Giamatteo sold 37,683 shares of BlackBerry stock. The shares were sold at an average price of C$9.41, for a total value of C$354,597.03.
- On Wednesday, October 21st, John Joseph Giamatteo sold 8,850 shares of BlackBerry stock. The shares were sold at an average price of C$9.41, for a total value of C$83,278.50.
- On Wednesday, October 21st, John Joseph Giamatteo sold 7,064 shares of BlackBerry stock. The shares were sold at an average price of C$9.42, for a total value of C$66,542.88.
- On Wednesday, October 21st, John Joseph Giamatteo sold 50 shares of BlackBerry stock. The shares were sold at an average price of C$9.42, for a total value of C$471.00.
- On Friday, October 9th, John Joseph Giamatteo sold 27,004 shares of BlackBerry stock. The stock was sold at an average price of C$11.68, for a total value of C$315,406.72.
- On Friday, October 2nd, John Joseph Giamatteo sold 29,272 shares of BlackBerry stock. The stock was sold at an average price of C$12.85, for a total value of C$376,145.20.
BlackBerry Stock Up 3.7%
BB stock opened at C$12.46 on Friday. The company has a debt-to-equity ratio of 27.92, a current ratio of 2.38 and a quick ratio of 1.49. The stock has a market capitalization of C$7.31 billion, a P/E ratio of 95.85, a P/E/G ratio of 0.06 and a beta of 0.97. BlackBerry Limited has a fifty-two week low of C$4.35 and a fifty-two week high of C$18.45. The business has a 50-day moving average of C$11.70 and a 200-day moving average of C$11.39.
BlackBerry (TSE:BB - Get Free Report) (NASDAQ:BBRY) last announced its earnings results on Thursday, September 24th. The company reported C$0.10 earnings per share (EPS) for the quarter. BlackBerry had a return on equity of 10.66% and a net margin of 13.11%. The business had revenue of C$219.02 million for the quarter. On average, sell-side analysts anticipate that BlackBerry Limited will post 0.06 earnings per share for the current fiscal year.
About BlackBerry
(
Get Free Report)
BlackBerry (NYSE:BB)(TSX:BB) provides enterprises and governments the intelligent software and services that power the world around us. Based in Waterloo, Ontario, the company's high-performance foundational software enables major automakers and industrial giants alike to unlock transformative applications, drive new revenue streams and launch innovative business models, all without sacrificing safety, security, and reliability. With a deep heritage in Secure Communications, BlackBerry delivers operational resiliency with a comprehensive, highly secure, and extensively certified portfolio for mobile fortification, mission-critical communications, and critical events management.
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