Jennifer Armstrong-Owen Sells 3,227 Shares of BlackBerry (NYSE:BB) Stock

BlackBerry Limited (NYSE:BB) SVP Jennifer Armstrong-Owen sold 3,227 shares of the company’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $3.82, for a total value of $12,327.14. Following the transaction, the senior vice president directly owned 52,473 shares of the company’s stock, valued at $200,446.86. This represents a 5.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

BlackBerry Stock Down 0.6%

Shares of BlackBerry stock opened at $3.90 on Thursday. The firm has a market cap of $2.30 billion, a PE ratio of 129.88 and a beta of 1.40. The business’s 50 day simple moving average is $4.22 and its 200 day simple moving average is $4.18. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.14 and a current ratio of 2.14. BlackBerry Limited has a 52-week low of $2.80 and a 52-week high of $6.24.

BlackBerry (NYSE:BB) last released its quarterly earnings results on Thursday, December 18th. The company reported $0.05 earnings per share 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 firm had revenue of $141.80 million during the quarter, compared to the consensus estimate of $137.54 million. During the same quarter in the prior year, the firm posted $0.02 EPS. The business’s 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, analysts predict that BlackBerry Limited will post -0.03 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

BB has been the topic of several analyst reports. TD Securities raised shares of BlackBerry to a “hold” rating in a research report on Monday, December 22nd. Zacks Research lowered BlackBerry from a “strong-buy” rating to a “hold” rating in a report on Monday, November 24th. TD Cowen restated a “hold” rating and issued a $5.00 price target on shares of BlackBerry in a research note on Friday, October 3rd. Wall Street Zen upgraded BlackBerry from a “hold” rating to a “buy” rating in a research note on Friday, September 26th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of BlackBerry in a report on Friday, December 26th. One equities research analyst has rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $5.10.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Swiss Life Asset Management Ltd increased its holdings in shares of BlackBerry by 65.4% during the 3rd quarter. Swiss Life Asset Management Ltd now owns 25,791 shares of the company’s stock worth $126,000 after acquiring an additional 10,202 shares during the last quarter. NewEdge Advisors LLC increased its holdings in shares of BlackBerry by 2,349.1% in the third 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 during the last quarter. Scientech Research LLC bought a new position in shares of BlackBerry in the third quarter valued at about $216,000. Qube Research & Technologies Ltd raised its position in shares of BlackBerry by 109.6% in the third quarter. Qube Research & Technologies Ltd now owns 147,103 shares of the company’s stock valued at $718,000 after purchasing an additional 76,920 shares during the period. Finally, Millennium Management LLC lifted its stake in shares of BlackBerry by 69.3% during the 3rd quarter. Millennium Management LLC now owns 1,027,804 shares of the company’s stock worth $5,014,000 after buying an additional 420,833 shares during the last quarter. 54.48% of the stock is currently owned by institutional investors.

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.