Hsbc Holdings PLC Has $7.12 Million Stock Position in BlackBerry Limited $BB

Hsbc Holdings PLC increased its holdings in shares of BlackBerry Limited (NYSE:BB) by 1,501.9% in the fourth quarter, HoldingsChannel reports. The firm owned 1,890,023 shares of the company’s stock after buying an additional 1,772,039 shares during the period. Hsbc Holdings PLC’s holdings in BlackBerry were worth $7,116,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. First Trust Advisors LP lifted its position in shares of BlackBerry by 34.4% in the fourth quarter. First Trust Advisors LP now owns 24,991,652 shares of the company’s stock valued at $94,718,000 after buying an additional 6,399,502 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of BlackBerry by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 23,935,970 shares of the company’s stock worth $90,334,000 after acquiring an additional 142,924 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of BlackBerry by 1.3% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,799,334 shares of the company’s stock worth $77,116,000 after acquiring an additional 209,448 shares during the last quarter. Bank of America Corp DE raised its stake in BlackBerry by 21.3% in the 3rd quarter. Bank of America Corp DE now owns 5,584,564 shares of the company’s stock valued at $27,253,000 after acquiring an additional 980,359 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in BlackBerry by 31.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 4,051,338 shares of the company’s stock valued at $15,355,000 after acquiring an additional 972,738 shares during the period. Institutional investors and hedge funds own 54.48% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. TD lifted their price objective on shares of BlackBerry from $5.00 to $8.00 and gave the stock a “hold” rating in a research report on Friday, June 26th. Canaccord Genuity Group increased their price objective on shares of BlackBerry from $8.20 to $10.30 and gave the company a “hold” rating in a research report on Friday, June 26th. Weiss Ratings upgraded shares of BlackBerry from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, June 23rd. Royal Bank Of Canada lifted their target price on shares of BlackBerry from $4.50 to $9.00 and gave the stock a “sector perform” rating in a report on Friday, June 26th. Finally, TD Securities reiterated a “hold” rating and issued a $8.00 price target on shares of BlackBerry in a research note on Friday, June 26th. Two analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, BlackBerry has a consensus rating of “Hold” and an average target price of $8.92.

BlackBerry Stock Up 0.0%

Shares of BB opened at $11.11 on Thursday. BlackBerry Limited has a 12 month low of $3.12 and a 12 month high of $13.59. The firm’s 50 day moving average is $8.57 and its 200-day moving average is $5.44. The stock has a market capitalization of $6.51 billion, a PE ratio of 123.40 and a beta of 2.20. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 0.26.

BlackBerry (NYSE:BB) last issued its quarterly earnings results on Thursday, June 25th. The company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.01. The business had revenue of $152.90 million during the quarter, compared to analysts’ expectations of $136.10 million. BlackBerry had a return on equity of 11.66% and a net margin of 10.31%.The firm’s revenue for the quarter was up 25.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.02 earnings per share. BlackBerry has set its FY 2027 guidance at 0.160-0.200 EPS and its Q2 2027 guidance at 0.030-0.040 EPS. Equities research analysts forecast that BlackBerry Limited will post 0.13 EPS for the current year.

Insider Buying and Selling

In other BlackBerry news, CFO Tim Foote sold 25,878 shares of BlackBerry stock in a transaction on Thursday, July 2nd. The stock was sold at an average price of $12.39, for a total value of $320,628.42. Following the completion of the transaction, the chief financial officer directly owned 58,372 shares of the company’s stock, valued at $723,229.08. The trade was a 30.72% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Philip S. Kurtz sold 4,195 shares of the company’s stock in a transaction on Thursday, July 2nd. The shares were sold at an average price of $11.56, for a total value of $48,494.20. Following the sale, the insider owned 120,664 shares of the company’s stock, valued at approximately $1,394,875.84. The trade was a 3.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 60,901 shares of company stock valued at $715,013 over the last 90 days. 0.51% of the stock is currently owned by insiders.

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.