Steven Zipperstein Sells 31,078 Shares of BlackBerry Ltd (BB) Stock
BlackBerry Ltd (TSE:BB) (NASDAQ:BBRY) insider Steven Zipperstein sold 31,078 shares of the company’s stock in a transaction dated Friday, September 29th. The shares were sold at an average price of C$11.31, for a total transaction of C$351,492.18.
Steven Zipperstein also recently made the following trade(s):
- On Monday, October 2nd, Steven Zipperstein sold 27,035 shares of BlackBerry stock. The shares were sold at an average price of C$11.27, for a total transaction of C$304,684.45.
Shares of BlackBerry Ltd (TSE:BB) opened at 13.82 on Thursday. The firm has a market cap of $7.32 billion and a price-to-earnings ratio of 14.29. BlackBerry Ltd has a 1-year low of $8.98 and a 1-year high of $15.82. The company’s 50-day moving average is $11.61 and its 200 day moving average is $12.32.
BB has been the topic of a number of recent analyst reports. Scotiabank upped their target price on shares of BlackBerry to C$14.50 and gave the company an “outperform” rating in a research note on Monday, June 26th. Royal Bank Of Canada upped their target price on shares of BlackBerry to C$13.00 and gave the company a “sector perform” rating in a research note on Friday, September 29th. TD Securities upped their target price on shares of BlackBerry to C$15.00 and gave the company a “buy” rating in a research note on Friday, September 29th. Finally, BMO Capital Markets restated a “market perform” rating and issued a C$10.00 target price on shares of BlackBerry in a research note on Monday, June 26th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of C$13.20.
BlackBerry Company Profile
BlackBerry Limited (BlackBerry) provides mobile communications solutions. The Company is engaged in the sale of smartphones and enterprise software and services. The Company’s products and services include Enterprise Solutions and Services, Devices, BlackBerry Technology Solutions and Messaging. It is engaged in providing enterprise mobility management (EMM) and mobile security, and offers a portfolio of enterprise software solutions and services that can be deployed across a range of ecosystems and devices, including BlackBerry Enterprise Service (BES) 12 and Good Platforms, BES12 Cloud, enterprise file-sync-and-share (EFSS), SecuSUITE for Enterprise, Enhanced subscriber identity module (SIM)-Based Licensing (ESBL), WorkLife by BlackBerry solution and Professional Cybersecurity Services.
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