SG Americas Securities LLC Takes $178,000 Position in BlackBerry Limited $BB

SG Americas Securities LLC purchased a new position in shares of BlackBerry Limited (NYSE:BB) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 54,961 shares of the company’s stock, valued at approximately $178,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BB. Delos Wealth Advisors LLC bought a new position in shares of BlackBerry during the 3rd quarter worth approximately $34,000. Portfolio Resources Advisor Group Inc. bought a new position in shares of BlackBerry in the fourth quarter valued at approximately $46,000. DGS Capital Management LLC purchased a new stake in shares of BlackBerry during the fourth quarter valued at approximately $52,000. State of Wisconsin Investment Board bought a new stake in BlackBerry during the fourth quarter worth $54,000. Finally, AQR Capital Management LLC bought a new stake in BlackBerry during the fourth quarter worth $55,000. Hedge funds and other institutional investors own 54.48% of the company’s stock.

Insider Buying and Selling at BlackBerry

In related news, CFO Tim Foote sold 8,235 shares of the company’s stock in a transaction that occurred on Thursday, July 9th. The shares were sold at an average price of $10.92, for a total transaction of $89,926.20. Following the sale, the chief financial officer directly owned 73,535 shares in the company, valued at approximately $803,002.20. This represents a 10.07% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO John Joseph Giamatteo sold 152,012 shares of the firm’s stock in a transaction that occurred on Thursday, July 9th. The stock was sold at an average price of $11.35, for a total transaction of $1,725,336.20. Following the completion of the transaction, the chief executive officer directly owned 687,246 shares of the company’s stock, valued at approximately $7,800,242.10. This trade represents a 18.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 355,858 shares of company stock valued at $4,012,270 in the last three months. 0.51% of the stock is owned by company insiders.

BlackBerry Stock Performance

NYSE:BB traded down $0.46 during trading hours on Friday, reaching $10.97. The stock had a trading volume of 17,626,175 shares, compared to its average volume of 31,549,920. The stock has a market cap of $6.43 billion, a P/E ratio of 121.96 and a beta of 2.20. The stock has a 50 day simple moving average of $8.81 and a 200 day simple moving average of $5.53. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.20 and a current ratio of 2.20. BlackBerry Limited has a 12-month low of $3.12 and a 12-month high of $13.59.

BlackBerry (NYSE:BB) last posted its quarterly earnings results on Thursday, June 25th. The company reported $0.04 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.01. BlackBerry had a return on equity of 11.66% and a net margin of 10.31%.The company had revenue of $152.90 million during the quarter, compared to the consensus estimate of $136.10 million. During the same quarter in the prior year, the company earned $0.02 EPS. The firm’s quarterly revenue was up 25.6% compared to the same quarter last year. BlackBerry has set its FY 2027 guidance at 0.160-0.200 EPS and its Q2 2027 guidance at 0.030-0.040 EPS. On average, research analysts forecast that BlackBerry Limited will post 0.13 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Wall Street Zen upgraded BlackBerry from a “hold” rating to a “buy” rating in a research note on Monday, June 8th. TD Securities reiterated a “hold” rating and set a $8.00 target price on shares of BlackBerry in a research note on Friday, June 26th. Royal Bank Of Canada boosted their price target on shares of BlackBerry from $4.50 to $9.00 and gave the stock a “sector perform” rating in a report on Friday, June 26th. Stifel Nicolaus assumed coverage on shares of BlackBerry in a research report on Wednesday, June 24th. They set a “buy” rating and a $12.00 price target for the company. Finally, Canadian Imperial Bank of Commerce raised their price objective on shares of BlackBerry from $10.00 to $13.00 and gave the stock an “outperformer” rating in a report on Friday, June 26th. Two equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $8.92.

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.