Insider Selling: BlackBerry (NYSE:BB) SVP Sells $10,281.28 in Stock

BlackBerry Limited (NYSE:BBGet Free Report) SVP Jennifer Armstrong-Owen sold 2,888 shares of BlackBerry stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $3.56, for a total value of $10,281.28. Following the sale, the senior vice president owned 98,161 shares in the company, valued at $349,453.16. The trade was a 2.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Jennifer Armstrong-Owen also recently made the following trade(s):

  • On Saturday, April 4th, Jennifer Armstrong-Owen sold 29,908 shares of BlackBerry stock. The stock was sold at an average price of $3.56, for a total value of $106,472.48.

BlackBerry Trading Up 7.6%

NYSE BB opened at $3.80 on Friday. The stock has a market capitalization of $2.23 billion, a price-to-earnings ratio of 126.71 and a beta of 1.70. BlackBerry Limited has a one year low of $3.04 and a one year high of $5.32. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.14 and a quick ratio of 2.14. The business’s fifty day moving average is $3.41 and its 200-day moving average is $3.98.

BlackBerry (NYSE:BBGet Free Report) last released its earnings results on Thursday, April 9th. The company reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.01. The company had revenue of $157.96 million for the quarter, compared to analysts’ expectations of $144.27 million. BlackBerry had a return on equity of 8.05% and a net margin of 4.02%.The business’s revenue for the quarter was up 10.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.03 EPS. BlackBerry has set its Q1 2027 guidance at 0.020-0.030 EPS and its FY 2027 guidance at 0.150-0.190 EPS. Equities research analysts predict that BlackBerry Limited will post -0.03 EPS for the current year.

BlackBerry News Summary

Here are the key news stories impacting BlackBerry this week:

Wall Street Analyst Weigh In

Several brokerages recently weighed in on BB. Royal Bank Of Canada reissued a “sector perform” rating and issued a $4.50 price objective on shares of BlackBerry in a report on Friday, December 19th. Wall Street Zen lowered BlackBerry from a “buy” rating to a “hold” rating in a report on Saturday, February 14th. Canaccord Genuity Group reissued a “hold” rating and issued a $4.60 price objective on shares of BlackBerry in a report on Friday, December 19th. TD Securities raised BlackBerry to a “hold” rating in a report on Monday, December 22nd. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of BlackBerry in a report on Wednesday, March 25th. One investment analyst has rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $4.92.

View Our Latest Analysis on BlackBerry

Institutional Investors Weigh In On BlackBerry

Large investors have recently added to or reduced their stakes in the company. First Trust Advisors LP grew its holdings in BlackBerry by 34.4% during the 4th quarter. First Trust Advisors LP now owns 24,991,652 shares of the company’s stock valued at $94,718,000 after buying an additional 6,399,502 shares in the last quarter. Vanguard Group Inc. grew its holdings in BlackBerry by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 23,935,970 shares of the company’s stock valued at $90,334,000 after buying an additional 142,924 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in BlackBerry by 1.3% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,799,334 shares of the company’s stock valued at $77,116,000 after buying an additional 209,448 shares in the last quarter. Hood River Capital Management LLC purchased a new position in BlackBerry during the 2nd quarter valued at about $52,441,000. Finally, Bank of America Corp DE grew its holdings in BlackBerry by 21.3% during the 3rd quarter. Bank of America Corp DE now owns 5,584,564 shares of the company’s stock valued at $27,253,000 after buying an additional 980,359 shares in the last quarter. Hedge funds and other institutional investors own 54.48% of the company’s stock.

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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Insider Buying and Selling by Quarter for BlackBerry (NYSE:BB)

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