BlackBerry (NYSE:BB) CEO John Joseph Giamatteo Sells 87,723 Shares

BlackBerry Limited (NYSE:BB) CEO John Joseph Giamatteo sold 87,723 shares of the company’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $3.88, for a total transaction of $340,365.24. Following the sale, the chief executive officer owned 818,557 shares of the company’s stock, valued at approximately $3,176,001.16. The trade was a 9.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

John Joseph Giamatteo also recently made the following trade(s):

• On Friday, January 2nd, John Joseph Giamatteo sold 231,765 shares of BlackBerry stock. The stock was sold at an average price of $3.82, for a total value of $885,342.30.

BlackBerry Trading Down 0.9%

Shares of NYSE BB traded down $0.04 during midday trading on Thursday, reaching $3.86. The company had a trading volume of 11,207,109 shares, compared to its average volume of 9,115,535. The stock has a market cap of $2.28 billion, a PE ratio of 128.54 and a beta of 1.40. BlackBerry Limited has a one year low of $2.80 and a one year high of $6.24. The firm’s fifty day moving average price is $4.22 and its 200-day moving average price is $4.18. The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 0.26.

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

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on BB shares. Royal Bank Of Canada reissued a “sector perform” rating and set a $4.50 price target on shares of BlackBerry in a research report on Friday, December 19th. Robert W. Baird upped their price objective on shares of BlackBerry from $5.00 to $5.50 and gave the company a “neutral” rating in a research note on Friday, September 26th. Wall Street Zen upgraded shares of BlackBerry from a “hold” rating to a “buy” rating in a report on Friday, September 26th. Zacks Research downgraded BlackBerry from a “strong-buy” rating to a “hold” rating in a report on Monday, November 24th. Finally, TD Cowen reaffirmed a “hold” rating and set a $5.00 price target on shares of BlackBerry in a research report on Friday, October 3rd. One equities research analyst has rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, BlackBerry presently has an average rating of “Hold” and a consensus price target of $5.10.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Delos Wealth Advisors LLC purchased a new stake in BlackBerry in the third quarter worth $34,000. CI Investments Inc. lifted its position in BlackBerry by 48.4% during the third quarter. CI Investments Inc. now owns 8,414 shares of the company’s stock valued at $41,000 after buying an additional 2,745 shares during the period. NewEdge Advisors LLC boosted its holdings 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 buying an additional 11,205 shares in the last quarter. LeConte Wealth Management LLC purchased a new stake in shares of BlackBerry in the 2nd quarter worth about $61,000. Finally, Benjamin Edwards Inc. grew its position in shares of BlackBerry by 31.5% in the 2nd quarter. Benjamin Edwards Inc. now owns 14,600 shares of the company’s stock worth $67,000 after buying an additional 3,500 shares during the period. Institutional investors own 54.48% of the company’s stock.

About BlackBerry

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.