Insider Selling: BlackBerry (NYSE:BB) Insider Sells 11,121 Shares of Stock

BlackBerry Limited (NYSE:BB) insider Philip Kurtz sold 11,121 shares of the firm’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $3.89, for a total value of $43,260.69. Following the transaction, the insider owned 110,096 shares in the company, valued at approximately $428,273.44. This trade represents a 9.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

BlackBerry Stock Performance

NYSE:BB traded up $0.05 during mid-day trading on Tuesday, hitting $3.93. 6,507,200 shares of the company’s stock traded hands, compared to its average volume of 7,454,492. BlackBerry Limited has a 12 month low of $2.80 and a 12 month high of $6.24. The company has a current ratio of 2.14, a quick ratio of 2.14 and a debt-to-equity ratio of 0.26. The firm has a market capitalization of $2.32 billion, a price-to-earnings ratio of 130.88 and a beta of 1.40. The firm has a 50 day moving average of $4.26 and a two-hundred day moving average of $4.19.

BlackBerry (NYSE:BB) last released its earnings results on Thursday, December 18th. The company reported $0.05 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.01. The business had revenue of $141.80 million during the quarter, compared to analysts’ expectations of $137.54 million. BlackBerry had a net margin of 4.02% and a return on equity of 8.05%. The firm’s revenue was down 1.3% on a year-over-year basis. During the same quarter last year, the company earned $0.02 earnings per share. 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, equities analysts forecast that BlackBerry Limited will post -0.03 earnings per share for the current fiscal year.

Hedge Funds Weigh In On BlackBerry

A number of large investors have recently modified their holdings of BB. Delos Wealth Advisors LLC bought a new stake in BlackBerry during the 3rd quarter worth approximately $34,000. CI Investments Inc. boosted its holdings in BlackBerry by 48.4% in the 3rd quarter. CI Investments Inc. now owns 8,414 shares of the company’s stock valued at $41,000 after purchasing an additional 2,745 shares during the period. NewEdge Advisors LLC grew its position in shares of BlackBerry by 2,349.1% during the 3rd quarter. NewEdge Advisors LLC now owns 11,682 shares of the company’s stock valued at $57,000 after purchasing an additional 11,205 shares in the last quarter. LeConte Wealth Management LLC purchased a new position in shares of BlackBerry during the 2nd quarter valued at $61,000. Finally, Benjamin Edwards Inc. increased its holdings in shares of BlackBerry by 31.5% in the second quarter. Benjamin Edwards Inc. now owns 14,600 shares of the company’s stock worth $67,000 after purchasing an additional 3,500 shares during the period. 54.48% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

BB has been the topic of a number of recent research reports. Weiss Ratings reiterated a “sell (d+)” rating on shares of BlackBerry in a research note on Friday, December 26th. Robert W. Baird raised their price objective on shares of BlackBerry from $5.00 to $5.50 and gave the stock a “neutral” rating in a report on Friday, September 26th. TD Cowen reissued a “hold” rating and issued a $5.00 target price on shares of BlackBerry in a research note on Friday, October 3rd. Canaccord Genuity Group reissued a “hold” rating and issued a $4.60 price target on shares of BlackBerry in a research report on Friday, December 19th. Finally, Zacks Research downgraded BlackBerry from a “strong-buy” rating to a “hold” rating in a report on Monday, November 24th. One equities research 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’s stock. According to MarketBeat.com, BlackBerry has a consensus rating of “Hold” and an average price target of $5.10.

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.