Insider Buying: BlackBerry (TSE:BB) Director Acquires 5,000 Shares of Company Stock

BlackBerry Limited (TSE:BB) (NASDAQ:BBRY) Director David Chaikof bought 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 3rd. The shares were acquired at an average cost of C$11.43 per share, with a total value of C$57,150.00. Following the purchase, the director directly owned 5,000 shares of the company’s stock, valued at C$57,150. This trade represents a ∞ increase in their ownership of the stock.

BlackBerry Trading Up 6.6%

BB stock traded up C$0.78 during mid-day trading on Friday, reaching C$12.54. The company’s stock had a trading volume of 2,873,475 shares, compared to its average volume of 3,884,335. BlackBerry Limited has a 12 month low of C$4.35 and a 12 month high of C$18.45. The company has a current ratio of 2.38, a quick ratio of 1.49 and a debt-to-equity ratio of 27.92. The business’s 50 day moving average price is C$11.90 and its 200 day moving average price is C$9.67. The company has a market cap of C$7.36 billion, a price-to-earnings ratio of 96.46, a price-to-earnings-growth ratio of 0.06 and a beta of 0.52.

BlackBerry (TSE:BB) (NASDAQ:BBRY) last released its quarterly earnings data on Thursday, September 24th. The company reported C$0.10 earnings per share for the quarter. BlackBerry had a net margin of 13.11% and a return on equity of 10.66%. The company had revenue of C$219.02 million during the quarter. On average, equities research analysts predict that BlackBerry Limited will post 0.06 EPS for the current year.

BlackBerry Company Profile

BlackBerry (NYSE:BB)(TSX:BB) provides enterprises and governments the intelligent software and services that power the world around us. Based in Waterloo, Ontario, the company’s high-performance foundational software enables major automakers and industrial giants alike to unlock transformative applications, drive new revenue streams and launch innovative business models, all without sacrificing safety, security, and reliability. With a deep heritage in Secure Communications, BlackBerry delivers operational resiliency with a comprehensive, highly secure, and extensively certified portfolio for mobile fortification, mission-critical communications, and critical events management.