BlackBerry Limited (NYSE:BB) insider Nita C. White-Ivy sold 8,029 shares of the business’s stock in a transaction that occurred on Saturday, September 25th. The stock was sold at an average price of $10.09, for a total value of $81,012.61. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Shares of BlackBerry stock traded down $0.35 during trading hours on Tuesday, reaching $9.79. 8,722,194 shares of the company’s stock were exchanged, compared to its average volume of 34,079,660. The business has a fifty day moving average of $10.37 and a two-hundred day moving average of $10.48. The company has a quick ratio of 2.37, a current ratio of 2.37 and a debt-to-equity ratio of 0.49. The company has a market capitalization of $5.55 billion, a P/E ratio of -10.41 and a beta of 1.23. BlackBerry Limited has a 1 year low of $4.37 and a 1 year high of $28.77.
BlackBerry (NYSE:BB) last released its earnings results on Tuesday, September 21st. The company reported ($0.06) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.07) by $0.01. BlackBerry had a negative net margin of 61.56% and a positive return on equity of 1.02%. The firm had revenue of $175.00 million for the quarter, compared to analyst estimates of $164.28 million. During the same period in the prior year, the firm earned $0.10 earnings per share. The business’s quarterly revenue was down 32.4% compared to the same quarter last year.
A number of institutional investors have recently bought and sold shares of the stock. Amundi Pioneer Asset Management Inc. lifted its stake in shares of BlackBerry by 38.5% during the first quarter. Amundi Pioneer Asset Management Inc. now owns 190,644 shares of the company’s stock worth $1,924,000 after purchasing an additional 52,976 shares in the last quarter. Swiss National Bank lifted its holdings in shares of BlackBerry by 1.5% in the 1st quarter. Swiss National Bank now owns 2,146,750 shares of the company’s stock worth $17,997,000 after purchasing an additional 31,400 shares during the last quarter. BNP Paribas Arbitrage SA raised its stake in BlackBerry by 50.8% during the 1st quarter. BNP Paribas Arbitrage SA now owns 127,414 shares of the company’s stock valued at $1,074,000 after acquiring an additional 42,941 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its stake in shares of BlackBerry by 77.0% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 21,267 shares of the company’s stock worth $179,000 after buying an additional 9,253 shares in the last quarter. Finally, BlackRock Inc. grew its holdings in shares of BlackBerry by 12.2% in the 1st quarter. BlackRock Inc. now owns 1,718,685 shares of the company’s stock worth $14,488,000 after acquiring an additional 187,505 shares during the last quarter. Hedge funds and other institutional investors own 36.16% of the company’s stock.
BlackBerry Company Profile
BlackBerry Ltd. engages in providing the intelligent security software and services to enterprises and governments. The firm leverages artificial intelligence and machine learning to deliver solutions in the areas of cyber security, safety, data privacy solutions, and also focuses in the areas of endpoint security, endpoint management, encryption, and embedded systems.
Read More: Bollinger Bands
Receive News & Ratings for BlackBerry Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackBerry and related companies with MarketBeat.com's FREE daily email newsletter.