UBS Group AG Trims Stock Position in BlackBerry Limited $BB

UBS Group AG cut its position in shares of BlackBerry Limited (NYSE:BB) by 64.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,086,938 shares of the company’s stock after selling 1,954,769 shares during the period. UBS Group AG’s holdings in BlackBerry were worth $4,119,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of BB. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in BlackBerry by 1,390.6% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,589,886 shares of the company’s stock worth $71,397,000 after purchasing an additional 14,544,005 shares during the period. Bank of America Corp DE raised its stake in BlackBerry by 183.6% during the second quarter. Bank of America Corp DE now owns 4,604,205 shares of the company’s stock worth $21,087,000 after purchasing an additional 2,980,732 shares during the period. First Trust Advisors LP raised its stake in BlackBerry by 18.1% during the third quarter. First Trust Advisors LP now owns 18,592,150 shares of the company’s stock worth $90,730,000 after purchasing an additional 2,844,036 shares during the period. Dimensional Fund Advisors LP increased its position in shares of BlackBerry by 368.6% during the third quarter. Dimensional Fund Advisors LP now owns 3,078,600 shares of the company’s stock valued at $15,027,000 after acquiring an additional 2,421,578 shares during the last quarter. Finally, Geode Capital Management LLC increased its position in shares of BlackBerry by 263.2% during the second quarter. Geode Capital Management LLC now owns 1,167,739 shares of the company’s stock valued at $5,348,000 after acquiring an additional 846,208 shares during the last quarter. 54.48% of the stock is owned by hedge funds and other institutional investors.

BlackBerry Price Performance

Shares of BB opened at $7.89 on Friday. BlackBerry Limited has a 1-year low of $3.12 and a 1-year high of $8.03. The stock has a market cap of $4.64 billion, a PE ratio of 98.69 and a beta of 2.10. The firm has a 50-day simple moving average of $4.65 and a two-hundred day simple moving average of $4.16. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.12 and a quick ratio of 2.12.

BlackBerry (NYSE:BB) last announced its quarterly earnings results on Thursday, April 9th. The company reported $0.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.02. BlackBerry had a net margin of 9.69% and a return on equity of 10.09%. The business had revenue of $157.96 million during the quarter, compared to analysts’ expectations of $144.27 million. During the same period last year, the business earned $0.03 earnings per share. The business’s revenue for the quarter was up 10.1% on a year-over-year basis. 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 forecast that BlackBerry Limited will post 0.13 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. Wall Street Zen upgraded shares of BlackBerry from a “hold” rating to a “buy” rating in a research report on Saturday. Weiss Ratings upgraded shares of BlackBerry from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday. Royal Bank Of Canada reiterated a “sector perform” rating and set a $4.50 price target on shares of BlackBerry in a research report on Friday, April 10th. Finally, Canaccord Genuity Group dropped their price target on shares of BlackBerry from $4.60 to $4.40 and set a “hold” rating for the company 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’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $4.88.

Insider Buying and Selling

In related news, SVP Jennifer Armstrong-Owen sold 29,908 shares of BlackBerry stock in a transaction that occurred on Saturday, April 4th. The shares were sold at an average price of $3.56, for a total value of $106,472.48. Following the completion of the transaction, the senior vice president owned 94,903 shares in the company, valued at approximately $337,854.68. The trade was a 23.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO John Joseph Giamatteo sold 27,066 shares of BlackBerry stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $3.56, for a total transaction of $96,354.96. Following the completion of the transaction, the chief executive officer owned 899,146 shares of the company’s stock, valued at $3,200,959.76. This trade represents a 2.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 73,171 shares of company stock valued at $260,489 in the last 90 days. Company insiders own 0.51% of the company’s stock.

BlackBerry 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.