BlackBerry (TSE:BB) Insider Sells C$865,260.00 in Stock

BlackBerry Limited (TSE:BB) (NASDAQ:BBRY) insider John Joseph Giamatteo sold 99,000 shares of the stock in a transaction that occurred on Thursday, October 22nd. The stock was sold at an average price of C$8.74, for a total value of C$865,260.00. Following the completion of the sale, the insider directly owned 542,494 shares of the company’s stock, valued at approximately C$4,741,397.56. This trade represents 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 shares were 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 shares were 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 stock was 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 stock was 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 shares were 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 shares were sold at an average price of C$12.85, for a total value of C$376,145.20.

BlackBerry Stock Up 2.7%

TSE:BB traded up C$0.32 during trading hours on Friday, hitting C$12.34. 1,667,331 shares of the company traded hands, compared to its average volume of 3,883,521. The company has a quick ratio of 1.49, a current ratio of 2.38 and a debt-to-equity ratio of 27.92. The firm’s 50-day simple moving average is C$11.70 and its 200-day simple moving average is C$11.38. BlackBerry Limited has a one year low of C$4.35 and a one year high of C$18.45. The company has a market cap of C$7.24 billion, a PE ratio of 94.92, a PEG ratio of 0.06 and a beta of 0.97.

BlackBerry (TSE:BB) (NASDAQ:BBRY) last posted its earnings results on Thursday, September 24th. The company reported C$0.10 earnings per share (EPS) for the quarter. The firm had revenue of C$219.02 million during the quarter. BlackBerry had a net margin of 13.11% and a return on equity of 10.66%. Equities analysts predict that BlackBerry Limited will post 0.06 earnings per share for the current year.

BlackBerry Company Profile

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.