Insider Selling: BlackBerry (NYSE:BB) Insider Sells $43,260.69 in Stock

BlackBerry Limited (NYSE:BB) insider Philip Kurtz sold 11,121 shares of the company’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $3.89, for a total transaction of $43,260.69. Following the transaction, the insider owned 110,096 shares in the company, valued at $428,273.44. This represents a 9.17% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

BlackBerry Stock Performance

Shares of BB stock opened at $3.86 on Friday. The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 0.26. The company has a 50 day moving average price of $4.20 and a 200-day moving average price of $4.18. BlackBerry Limited has a 52 week low of $2.80 and a 52 week high of $6.24. The firm has a market capitalization of $2.28 billion, a PE ratio of 128.54 and a beta of 1.40.

BlackBerry (NYSE:BB) last issued its earnings results on Thursday, December 18th. The company reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.01. BlackBerry had a net margin of 4.02% and a return on equity of 8.05%. The company had revenue of $141.80 million for the quarter, compared to analysts’ expectations of $137.54 million. During the same quarter last year, the company posted $0.02 earnings per share. The firm’s quarterly 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. As a group, equities research analysts expect that BlackBerry Limited will post -0.03 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Voya Investment Management LLC purchased a new position in shares of BlackBerry during the 1st quarter valued at $95,166,000. NewGen Equity Long Short Fund bought a new stake in BlackBerry during the second quarter valued at about $12,366,000. Mirae Asset Global Investments Co. Ltd. raised its holdings in BlackBerry by 103.9% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 312,472 shares of the company’s stock valued at $1,431,000 after acquiring an additional 159,203 shares during the period. First Trust Advisors LP lifted its position in shares of BlackBerry by 5.0% in the second quarter. First Trust Advisors LP now owns 15,748,114 shares of the company’s stock valued at $72,126,000 after acquiring an additional 751,216 shares in the last quarter. Finally, DLD Asset Management LP bought a new position in shares of BlackBerry in the second quarter worth about $9,160,000. 54.48% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on BB. Zacks Research cut BlackBerry from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 24th. Canaccord Genuity Group restated a “hold” rating and set a $4.60 price target on shares of BlackBerry in a research note on Friday, December 19th. Wall Street Zen upgraded shares of BlackBerry from a “hold” rating to a “buy” rating in a research note on Friday, September 26th. TD Cowen reissued a “hold” rating and issued a $5.00 price objective on shares of BlackBerry in a report on Friday, October 3rd. Finally, Royal Bank Of Canada restated a “sector perform” rating and set a $4.50 target price on shares of BlackBerry in a research report on Friday, December 19th. One equities research analyst has rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $5.10.

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.