BlackBerry Limited $BB Shares Sold by Thompson Davis & CO. Inc.

Thompson Davis & CO. Inc. cut its stake in shares of BlackBerry Limited (NYSE:BB) by 82.8% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 19,920 shares of the company’s stock after selling 96,111 shares during the quarter. Thompson Davis & CO. Inc.’s holdings in BlackBerry were worth $71,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in BB. Delos Wealth Advisors LLC acquired a new stake in BlackBerry in the third quarter valued at approximately $34,000. CI Investments Inc. lifted its stake in BlackBerry by 48.4% in the third quarter. CI Investments Inc. now owns 8,414 shares of the company’s stock valued at $41,000 after buying an additional 2,745 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in shares of BlackBerry by 2,349.1% in the third quarter. NewEdge Advisors LLC now owns 11,682 shares of the company’s stock valued at $57,000 after acquiring an additional 11,205 shares during the period. Portfolio Resources Advisor Group Inc. purchased a new position in shares of BlackBerry during the fourth quarter worth approximately $46,000. Finally, DGS Capital Management LLC purchased a new position in shares of BlackBerry during the fourth quarter worth approximately $52,000. 54.48% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at BlackBerry

In other BlackBerry news, SVP Jennifer Armstrong-Owen sold 29,908 shares of the business’s stock in a transaction on Saturday, April 4th. The shares were sold at an average price of $3.56, for a total value of $106,472.48. Following the transaction, the senior vice president directly owned 94,903 shares of the company’s stock, valued at approximately $337,854.68. The trade was a 23.96% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO John Joseph Giamatteo sold 27,066 shares of the company’s stock in a transaction 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 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 position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 73,171 shares of company stock valued at $260,489. Corporate insiders own 0.51% of the company’s stock.

BlackBerry Stock Down 0.2%

BlackBerry stock opened at $8.37 on Friday. The stock has a 50 day moving average of $6.95 and a two-hundred day moving average of $4.83. BlackBerry Limited has a twelve month low of $3.12 and a twelve month high of $10.93. The stock has a market capitalization of $4.90 billion, a price-to-earnings ratio of 104.58 and a beta of 2.29. 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 (NYSE:BB) last released its earnings results on Thursday, April 9th. The company reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.02. The business had revenue of $157.96 million for the quarter, compared to analyst estimates of $144.27 million. BlackBerry had a return on equity of 10.09% and a net margin of 9.69%.The company’s revenue for the quarter was up 10.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $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, research analysts expect that BlackBerry Limited will post 0.13 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have recently commented on BB. Canadian Imperial Bank of Commerce lifted their target price on shares of BlackBerry from $8.50 to $10.00 and gave the company an “outperform” rating in a report on Wednesday. Wall Street Zen upgraded shares of BlackBerry from a “hold” rating to a “buy” rating in a research note on Monday, June 8th. Weiss Ratings downgraded shares of BlackBerry from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, June 4th. Royal Bank Of Canada restated a “sector perform” rating and issued a $4.50 price objective on shares of BlackBerry in a research note on Friday, April 10th. Finally, Canaccord Genuity Group reduced their target price on shares of BlackBerry from $4.60 to $4.40 and set a “hold” rating for the company in a report on Friday, April 10th. One analyst has rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $5.73.

BlackBerry 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.