Vanguard Group Inc. Increases Holdings in BlackBerry Limited $BB

Vanguard Group Inc. boosted its holdings in shares of BlackBerry Limited (NYSE:BB) by 0.6% during the fourth quarter, Holdings Channel reports. The firm owned 23,935,970 shares of the company’s stock after acquiring an additional 142,924 shares during the quarter. Vanguard Group Inc.’s holdings in BlackBerry were worth $90,334,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. First Trust Advisors LP increased its holdings in BlackBerry by 18.1% during the 3rd quarter. First Trust Advisors LP now owns 18,592,150 shares of the company’s stock valued at $90,730,000 after purchasing an additional 2,844,036 shares during the period. Oppenheimer & Co. Inc. purchased a new position in BlackBerry during the 3rd quarter valued at about $1,192,000. Picton Mahoney Asset Management purchased a new position in BlackBerry during the 3rd quarter valued at about $656,000. CI Investments Inc. increased its holdings in BlackBerry by 48.4% during 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. Finally, GSA Capital Partners LLP increased its holdings in BlackBerry by 5.6% during the 3rd quarter. GSA Capital Partners LLP now owns 105,852 shares of the company’s stock valued at $517,000 after purchasing an additional 5,614 shares during the period. Hedge funds and other institutional investors own 54.48% of the company’s stock.

BlackBerry Stock Performance

BlackBerry stock opened at $6.10 on Thursday. The stock’s 50 day simple moving average is $4.22 and its two-hundred day simple moving average is $4.07. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.12 and a current ratio of 2.12. The stock has a market cap of $3.58 billion, a price-to-earnings ratio of 76.20 and a beta of 2.10. BlackBerry Limited has a fifty-two week low of $3.12 and a fifty-two week high of $6.61.

BlackBerry (NYSE:BB) last issued its quarterly earnings results on Thursday, April 9th. The company reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.02. BlackBerry had a return on equity of 10.09% and a net margin of 9.69%.The firm had revenue of $157.96 million for the quarter, compared to analysts’ expectations of $144.27 million. During the same period in the previous year, the firm posted $0.03 EPS. The business’s revenue for the quarter was up 10.1% compared to the same quarter last year. BlackBerry has set its Q1 2027 guidance at 0.020-0.030 EPS and its FY 2027 guidance at 0.150-0.190 EPS. As a group, analysts expect that BlackBerry Limited will post 0.13 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have weighed in on BB shares. Wall Street Zen cut BlackBerry from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. Weiss Ratings cut BlackBerry from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, April 27th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $4.50 price objective on shares of BlackBerry in a research report on Friday, April 10th. Finally, Canaccord Genuity Group cut their price objective on BlackBerry from $4.60 to $4.40 and set a “hold” rating on the stock in a research report on Friday, April 10th. One research analyst has rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $4.88.

Insider Buying and Selling

In other news, CEO John Joseph Giamatteo sold 27,066 shares of the business’s stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $3.56, for a total value of $96,354.96. Following the sale, the chief executive officer directly owned 899,146 shares of the company’s stock, valued at $3,200,959.76. The trade was a 2.92% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Jennifer Armstrong-Owen sold 29,908 shares of the business’s stock in a transaction that occurred on Saturday, April 4th. The stock was sold at an average price of $3.56, for a total value of $106,472.48. Following the completion of the sale, the senior vice president directly owned 94,903 shares in the company, valued at approximately $337,854.68. This represents a 23.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 73,171 shares of company stock worth $260,489. Insiders own 0.37% 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.