Investors Purchase High Volume of BlackBerry Call Options (NYSE:BB)

BlackBerry Limited (NYSE:BB) saw some unusual options trading on Monday. Stock traders acquired 51,950 call options on the stock. This represents an increase of approximately 62% compared to the typical daily volume of 32,093 call options.

Wall Street Analyst Weigh In

BB has been the topic of several research analyst reports. Wall Street Zen downgraded BlackBerry from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $4.50 price objective on shares of BlackBerry in a research report on Friday, April 10th. Canaccord Genuity Group cut their price objective on BlackBerry from $4.60 to $4.40 and set a “hold” rating on the stock in a research report on Friday, April 10th. Finally, Weiss Ratings downgraded BlackBerry from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, April 27th. One investment analyst has rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, BlackBerry 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 the 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 sale, the senior vice president owned 94,903 shares in the company, valued at approximately $337,854.68. This represents a 23.96% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO John Joseph Giamatteo sold 27,066 shares of the stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $3.56, for a total value of $96,354.96. Following the sale, the chief executive officer owned 899,146 shares in the company, valued at $3,200,959.76. The trade was a 2.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 73,171 shares of company stock worth $260,489 in the last 90 days. 0.51% of the stock is currently owned by insiders.

Institutional Investors Weigh In On BlackBerry

A number of institutional investors have recently added to or reduced their stakes in the stock. First Trust Advisors LP boosted its position in BlackBerry by 34.4% during the fourth quarter. First Trust Advisors LP now owns 24,991,652 shares of the company’s stock valued at $94,718,000 after purchasing an additional 6,399,502 shares in the last quarter. Vanguard Group Inc. boosted its position in BlackBerry by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 23,935,970 shares of the company’s stock valued at $90,334,000 after purchasing an additional 142,924 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in BlackBerry by 1.3% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,799,334 shares of the company’s stock valued at $77,116,000 after purchasing an additional 209,448 shares in the last quarter. Bank of America Corp DE boosted its position in BlackBerry by 21.3% during the third quarter. Bank of America Corp DE now owns 5,584,564 shares of the company’s stock valued at $27,253,000 after purchasing an additional 980,359 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in BlackBerry by 31.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 4,051,338 shares of the company’s stock valued at $15,355,000 after purchasing an additional 972,738 shares in the last quarter. Institutional investors own 54.48% of the company’s stock.

BlackBerry Stock Up 3.3%

Shares of BB traded up $0.21 during midday trading on Monday, reaching $6.40. 24,272,615 shares of the stock were exchanged, compared to its average volume of 12,273,771. BlackBerry has a 52 week low of $3.12 and a 52 week high of $6.64. The company has a current ratio of 2.12, a quick ratio of 2.12 and a debt-to-equity ratio of 0.26. The company’s 50 day moving average is $4.33 and its two-hundred day moving average is $4.09. The company has a market capitalization of $3.76 billion, a P/E ratio of 79.95 and a beta of 2.10.

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

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.