Vanguard Group Inc. Raises Position in BlackBerry Limited $BB

Vanguard Group Inc. raised its position in shares of BlackBerry Limited (NYSE:BB) by 0.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 23,935,970 shares of the company’s stock after purchasing an additional 142,924 shares during the period. Vanguard Group Inc. owned approximately 4.08% of BlackBerry worth $90,334,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in BB. Delos Wealth Advisors LLC purchased a new stake in BlackBerry during the third quarter valued at about $34,000. CI Investments Inc. raised its position in BlackBerry by 48.4% during the third quarter. CI Investments Inc. now owns 8,414 shares of the company’s stock valued at $41,000 after purchasing an additional 2,745 shares in the last quarter. Pallas Capital Advisors LLC purchased a new stake in BlackBerry during the fourth quarter valued at about $57,000. NewEdge Advisors LLC raised its position in BlackBerry by 2,349.1% during the third quarter. NewEdge Advisors LLC now owns 11,682 shares of the company’s stock valued at $57,000 after purchasing an additional 11,205 shares in the last quarter. Finally, Benjamin Edwards Inc. raised its position in BlackBerry by 31.5% during the second quarter. Benjamin Edwards Inc. now owns 14,600 shares of the company’s stock valued at $67,000 after purchasing an additional 3,500 shares in the last quarter. Hedge funds and other institutional investors own 54.48% of the company’s stock.

Insider Activity

In other news, CEO John Joseph Giamatteo sold 27,066 shares of BlackBerry stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $3.56, for a total value of $96,354.96. Following the transaction, the chief executive officer owned 899,146 shares in the company, valued at approximately $3,200,959.76. The trade was a 2.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Jennifer Armstrong-Owen sold 29,908 shares of the firm’s stock in a transaction dated Saturday, April 4th. The stock was sold at an average price of $3.56, for a total value of $106,472.48. Following the completion of the sale, the senior vice president directly owned 94,903 shares in the company, valued at $337,854.68. The trade was a 23.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 73,171 shares of company stock worth $260,489. Company insiders own 0.37% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on BB shares. Royal Bank Of Canada restated a “sector perform” rating and set a $4.50 price target on shares of BlackBerry in a research report on Friday, April 10th. Weiss Ratings downgraded BlackBerry from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, April 27th. Canaccord Genuity Group lowered their price target 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, Wall Street Zen downgraded BlackBerry from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. One investment analyst has rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $4.88.

BlackBerry Stock Down 2.0%

BB opened at $6.10 on Thursday. The company has a market cap of $3.58 billion, a P/E ratio of 76.20 and a beta of 2.10. The business’s 50-day moving average price is $4.22 and its 200-day moving average price is $4.07. 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 12 month low of $3.12 and a 12 month high of $6.61.

BlackBerry (NYSE:BB) last released its quarterly earnings data on Thursday, April 9th. The company reported $0.06 EPS for the quarter, topping the consensus estimate of $0.04 by $0.02. The firm 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%.The company’s quarterly revenue was up 10.1% on a year-over-year basis. During the same quarter 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. On average, equities analysts expect that BlackBerry Limited will post 0.13 EPS for the current year.

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.