Public Employees Retirement System of Ohio Invests $3.59 Million in BlackBerry Limited $BB

Public Employees Retirement System of Ohio bought a new stake in BlackBerry Limited (NYSE:BB) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 284,226 shares of the company’s stock, valued at approximately $3,591,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. V2 Financial group LLC increased its holdings in BlackBerry by 6.8% during the 1st quarter. V2 Financial group LLC now owns 32,100 shares of the company’s stock worth $104,000 after purchasing an additional 2,050 shares during the period. CoreCap Advisors LLC purchased a new stake in shares of BlackBerry during the second quarter worth approximately $31,000. Elevation Wealth Partners LLC purchased a new stake in shares of BlackBerry during the second quarter worth approximately $32,000. Raymond James Financial Inc. raised its holdings in BlackBerry by 2.1% in the third quarter. Raymond James Financial Inc. now owns 128,998 shares of the company’s stock valued at $630,000 after acquiring an additional 2,689 shares in the last quarter. Finally, Invesco Ltd. lifted its stake in BlackBerry by 2.4% in the fourth quarter. Invesco Ltd. now owns 128,487 shares of the company’s stock worth $487,000 after acquiring an additional 2,975 shares during the last quarter. 54.48% of the stock is owned by institutional investors and hedge funds.

BlackBerry Stock Up 1.2%

BB stock opened at $7.70 on Friday. The company has a market cap of $4.52 billion, a price-to-earnings ratio of 85.57 and a beta of 2.23. The company has a fifty day moving average price of $9.32 and a 200 day moving average price of $6.89. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.20 and a quick ratio of 2.20. BlackBerry Limited has a 12 month low of $3.12 and a 12 month high of $13.59.

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

Wall Street Analysts Forecast Growth

BB has been the subject of several analyst reports. Weiss Ratings cut shares of BlackBerry from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, August 28th. TD Securities restated a “hold” rating and set a $8.00 price objective on shares of BlackBerry in a research report on Friday, June 26th. Zacks Research cut BlackBerry from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 25th. Royal Bank Of Canada boosted their target price on BlackBerry from $4.50 to $9.00 and gave the company a “sector perform” rating in a report on Friday, June 26th. Finally, Wall Street Zen raised BlackBerry from a “hold” rating to a “buy” rating in a research report on Saturday, August 29th. Two equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $8.92.

Insider Buying and Selling

In other BlackBerry news, SVP Jennifer Armstrong-Owen sold 3,296 shares of the company’s stock in a transaction that occurred on Thursday, July 9th. The stock was sold at an average price of $10.92, for a total transaction of $35,992.32. Following the completion of the sale, the senior vice president directly owned 106,091 shares of the company’s stock, valued at $1,158,513.72. This represents a 3.01% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO John Giamatteo sold 152,012 shares of the stock in a transaction that occurred on Thursday, July 9th. The stock was sold at an average price of $11.35, for a total value of $1,725,336.20. Following the sale, the chief executive officer directly owned 687,246 shares of the company’s stock, valued at $7,800,242.10. The trade was a 18.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 355,858 shares of company stock worth $4,012,270. Insiders own 0.51% 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.