BlackBerry Ltd (TSE:BB) (NASDAQ:BBRY) Director Michael Alan Daniels acquired 7,300 shares of the company’s stock in a transaction that occurred on Wednesday, May 3rd. The stock was purchased at an average cost of C$9.28 per share, for a total transaction of C$67,744.00.

Shares of BlackBerry Ltd (TSE:BB) traded down 0.24% during mid-day trading on Wednesday, hitting $12.70. The stock had a trading volume of 1,416,446 shares. The stock’s 50-day moving average is $10.91 and its 200 day moving average is $9.96. BlackBerry Ltd has a 12 month low of $8.15 and a 12 month high of $12.84. The firm’s market cap is $6.74 billion.

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Several research analysts recently issued reports on BB shares. TD Securities reissued a “buy” rating and issued a C$10.00 price objective on shares of BlackBerry in a research note on Monday, January 9th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a C$10.00 target price on shares of BlackBerry in a research report on Wednesday, January 25th. Scotiabank reaffirmed a “sector perform” rating and set a C$8.00 target price on shares of BlackBerry in a research report on Tuesday, March 28th. Finally, BMO Capital Markets set a C$8.00 target price on BlackBerry and gave the company a “market perform” rating in a research report on Monday, April 3rd.

About BlackBerry

BlackBerry Limited (BlackBerry) provides mobile communications solutions. The Company is engaged in the sale of smartphones and enterprise software and services. The Company’s products and services include Enterprise Solutions and Services, Devices, BlackBerry Technology Solutions and Messaging. It is engaged in providing enterprise mobility management (EMM) and mobile security, and offers a portfolio of enterprise software solutions and services that can be deployed across a range of ecosystems and devices, including BlackBerry Enterprise Service (BES) 12 and Good Platforms, BES12 Cloud, enterprise file-sync-and-share (EFSS), SecuSUITE for Enterprise, Enhanced subscriber identity module (SIM)-Based Licensing (ESBL), WorkLife by BlackBerry solution and Professional Cybersecurity Services.

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