BlackBerry (NYSE:BB) CFO Sells $24,072.72 in Stock

BlackBerry Limited (NYSE:BB) CFO Tim Foote sold 6,762 shares of the stock in a transaction on Saturday, April 4th. The shares were sold at an average price of $3.56, for a total transaction of $24,072.72. Following the completion of the sale, the chief financial officer directly owned 76,277 shares of the company’s stock, valued at approximately $271,546.12. This trade represents a 8.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Tim Foote also recently made the following trade(s):

• On Thursday, April 2nd, Tim Foote sold 2,468 shares of BlackBerry stock. The shares were sold at an average price of $3.56, for a total transaction of $8,786.08.

BlackBerry Price Performance

Shares of BlackBerry stock opened at $3.80 on Friday. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.14 and a quick ratio of 2.14. BlackBerry Limited has a fifty-two week low of $3.04 and a fifty-two week high of $5.32. The firm has a fifty day moving average price of $3.41 and a two-hundred day moving average price of $3.98. The company has a market cap of $2.23 billion, a PE ratio of 126.71 and a beta of 1.70.

BlackBerry (NYSE:BB) last issued its quarterly earnings results on Thursday, April 9th. The company reported $0.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.01. BlackBerry had a net margin of 4.02% and a return on equity of 8.05%. The firm had revenue of $157.96 million during the quarter, compared to the consensus estimate of $144.27 million. During the same period in the prior year, the firm earned $0.03 EPS. The business’s revenue was up 10.1% on a year-over-year basis. BlackBerry has set its Q1 2027 guidance at 0.020-0.030 EPS and its FY 2027 guidance at 0.150-0.190 EPS. Analysts expect that BlackBerry Limited will post -0.03 EPS for the current year.

Hedge Funds Weigh In On BlackBerry

Several institutional investors have recently added to or reduced their stakes in BB. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in BlackBerry by 1,390.6% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,589,886 shares of the company’s stock valued at $71,397,000 after purchasing an additional 14,544,005 shares during the last quarter. Hood River Capital Management LLC bought a new position in BlackBerry during the 2nd quarter valued at about $52,441,000. First Trust Advisors LP lifted 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 purchasing an additional 6,399,502 shares during the last quarter. Bank of America Corp DE lifted its holdings in BlackBerry by 183.6% during the 2nd quarter. Bank of America Corp DE now owns 4,604,205 shares of the company’s stock valued at $21,087,000 after purchasing an additional 2,980,732 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in BlackBerry by 368.6% during the 3rd quarter. Dimensional Fund Advisors LP now owns 3,078,600 shares of the company’s stock valued at $15,027,000 after purchasing an additional 2,421,578 shares during the last quarter. 54.48% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Canaccord Genuity Group reaffirmed a “hold” rating and set a $4.60 price objective on shares of BlackBerry in a report on Friday, December 19th. Wall Street Zen downgraded shares of BlackBerry from a “buy” rating to a “hold” rating in a report on Saturday, February 14th. TD Securities raised shares of BlackBerry to a “hold” rating in a report on Monday, December 22nd. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $4.50 price objective on shares of BlackBerry in a report on Friday, December 19th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of BlackBerry in a report on Wednesday, March 25th. One analyst has rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $4.92.

Key BlackBerry News

Here are the key news stories impacting BlackBerry this week:

• Positive Sentiment: Q4 beat and revenue growth — BlackBerry reported adjusted EPS of $0.06 versus a $0.05 consensus and revenue up ~10% (about $156M), marking continued top-line recovery and an eighth consecutive quarter of GAAP net-income improvement. BlackBerry Stock Rises After Earnings. The Old Phone Stalwart Sees Growth Ahead.
• Positive Sentiment: Guidance raised/confirmed — Management set FY27 EPS guidance of $0.150–0.190 and revenue guidance ($584M–$611M) above consensus; Q1 FY27 revenue guidance ($132M–$140M) also topped estimates, supporting the view that the turnaround is gaining traction. BlackBerry forecasts upbeat quarterly revenue, says turnaround complete
• Positive Sentiment: QNX strength — BlackBerry’s QNX embedded operating-system business posted record quarterly revenue (~$78.7M) and a larger royalty backlog, a core driver of longer-term revenue visibility and margin improvement. BlackBerry Reports Fourth Quarter and Full Fiscal Year 2026 Results (press release/slide deck)
• Neutral Sentiment: Unusual options activity — Large spike in call purchases (about 44,579 calls, +258% vs. average) suggests traders were positioning for post-earnings upside, amplifying intraday buying pressure (no single article link available).
• Neutral Sentiment: Technical boost — Post-earnings rally pushed BB above its 100-day moving average, a momentum signal that can attract trend-following flows. CEO John Giamatteo just sold BlackBerry stock: here’s why you shouldn’t
• Negative Sentiment: Insider selling — Recent filings show sales by senior executives (including a reported CEO sale and an SVP sale), which can create short-term concern among some investors despite management commentary. CEO John Giamatteo just sold BlackBerry stock: here’s why you shouldn’t SVP Form 4 (SEC filing)

BlackBerry Company Profile

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.