Insider Selling: BlackBerry (NYSE:BB) CEO Sells $885,342.30 in Stock

BlackBerry Limited (NYSE:BB) CEO John Joseph Giamatteo sold 231,765 shares of the business’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $3.82, for a total transaction of $885,342.30. Following the completion of the sale, the chief executive officer directly owned 599,251 shares of the company’s stock, valued at $2,289,138.82. The trade was a 27.89% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

John Joseph Giamatteo also recently made the following trade(s):

• On Tuesday, January 6th, John Joseph Giamatteo sold 87,723 shares of BlackBerry stock. The shares were sold at an average price of $3.88, for a total value of $340,365.24.

BlackBerry Stock Performance

Shares of BB opened at $3.86 on Friday. BlackBerry Limited has a 1 year low of $2.80 and a 1 year high of $6.24. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.14 and a current ratio of 2.14. The company has a market cap of $2.28 billion, a price-to-earnings ratio of 128.54 and a beta of 1.40. The firm has a fifty day moving average of $4.20 and a 200-day moving average of $4.18.

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

Institutional Trading of BlackBerry

Several institutional investors have recently made changes to their positions in the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in BlackBerry by 1.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 823,822 shares of the company’s stock valued at $3,106,000 after acquiring an additional 10,667 shares during the period. Voya Investment Management LLC purchased a new stake in shares of BlackBerry during the first quarter worth about $95,166,000. LeConte Wealth Management LLC purchased a new position in shares of BlackBerry during the second quarter valued at about $61,000. Mirae Asset Global Investments Co. Ltd. lifted its position in BlackBerry by 103.9% during the 2nd 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. Finally, Triasima Portfolio Management inc. bought a new stake in BlackBerry during the 2nd quarter valued at about $89,000. Institutional investors own 54.48% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the stock. Robert W. Baird raised their price target on shares of BlackBerry from $5.00 to $5.50 and gave the company a “neutral” rating in a report on Friday, September 26th. Zacks Research downgraded BlackBerry from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 24th. Royal Bank Of Canada restated a “sector perform” rating and issued a $4.50 price target on shares of BlackBerry in a report on Friday, December 19th. Weiss Ratings restated a “sell (d+)” rating on shares of BlackBerry in a report on Friday, December 26th. Finally, TD Cowen reiterated a “hold” rating and issued a $5.00 price target on shares of BlackBerry in a research note on Friday, October 3rd. One investment analyst has rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, BlackBerry presently has a consensus rating of “Hold” and a consensus target price of $5.10.

BlackBerry Company 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.