TD Asset Management Inc Boosts Stock Holdings in BlackBerry Limited $BB

TD Asset Management Inc grew its position in shares of BlackBerry Limited (NYSE:BB) by 3.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,809,320 shares of the company’s stock after buying an additional 60,320 shares during the quarter. TD Asset Management Inc owned 0.31% of BlackBerry worth $6,837,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in BB. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in BlackBerry by 1.3% during the first 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 purchasing an additional 10,667 shares during the period. Geode Capital Management LLC lifted its position in BlackBerry by 263.2% during the second quarter. Geode Capital Management LLC now owns 1,167,739 shares of the company’s stock valued at $5,348,000 after purchasing an additional 846,208 shares during the period. Creative Planning lifted its holdings in shares of BlackBerry by 87.5% during the 2nd quarter. Creative Planning now owns 53,413 shares of the company’s stock valued at $245,000 after buying an additional 24,921 shares during the period. Flow Traders U.S. LLC purchased a new position in shares of BlackBerry in the 2nd quarter worth $86,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of BlackBerry by 1,390.6% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,589,886 shares of the company’s stock worth $71,397,000 after buying an additional 14,544,005 shares during the last quarter. Institutional investors own 54.48% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on BB. Weiss Ratings downgraded BlackBerry from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 4th. Royal Bank Of Canada restated a “sector perform” rating and issued a $4.50 price target on shares of BlackBerry in a research note on Friday, April 10th. Wall Street Zen upgraded BlackBerry from a “hold” rating to a “buy” rating in a research note on Monday. Finally, Canaccord Genuity Group dropped their price target on BlackBerry from $4.60 to $4.40 and set a “hold” rating on the stock in a research note on Friday, April 10th. One research analyst has rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $4.88.

Insider Buying and Selling at BlackBerry

In related news, SVP Jennifer Armstrong-Owen sold 29,908 shares of BlackBerry stock in a transaction on Saturday, April 4th. The stock was sold at an average price of $3.56, for a total transaction of $106,472.48. Following the transaction, the senior vice president directly owned 94,903 shares in the company, valued at approximately $337,854.68. The trade was a 23.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO John Joseph Giamatteo sold 27,066 shares of the company’s stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $3.56, for a total transaction of $96,354.96. Following the completion of the transaction, the chief executive officer owned 899,146 shares of the company’s stock, valued at approximately $3,200,959.76. The trade was a 2.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 73,171 shares of company stock worth $260,489 over the last quarter. 0.51% of the stock is owned by company insiders.

BlackBerry Stock Down 5.2%

BB opened at $8.81 on Wednesday. The company has a current ratio of 2.12, a quick ratio of 2.12 and a debt-to-equity ratio of 0.26. BlackBerry Limited has a 1-year low of $3.12 and a 1-year high of $10.93. The company has a market capitalization of $5.16 billion, a PE ratio of 110.11 and a beta of 2.29. The firm’s 50 day simple moving average is $6.07 and its two-hundred day simple moving average is $4.56.

BlackBerry (NYSE:BB) last released its earnings results on Thursday, April 9th. The company reported $0.06 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.02. The company had revenue of $157.96 million for the quarter, compared to the consensus estimate of $144.27 million. BlackBerry had a return on equity of 10.09% and a net margin of 9.69%.BlackBerry’s quarterly revenue was up 10.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.03 earnings per share. BlackBerry has set its Q1 2027 guidance at 0.020-0.030 EPS and its FY 2027 guidance at 0.150-0.190 EPS. As a group, equities analysts forecast that BlackBerry Limited will post 0.13 EPS for the current year.

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.