BlackBerry Limited $BB Holdings Raised by Invesco Ltd.

Invesco Ltd. grew its position in BlackBerry Limited (NYSE:BB) by 45.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 167,750 shares of the company’s stock after acquiring an additional 52,634 shares during the quarter. Invesco Ltd.’s holdings in BlackBerry were worth $632,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Parallel Advisors LLC boosted its position in BlackBerry by 216.2% during the 1st quarter. Parallel Advisors LLC now owns 7,156 shares of the company’s stock valued at $27,000 after purchasing an additional 4,893 shares during the period. Tower Research Capital LLC TRC boosted its position in BlackBerry by 63.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 9,773 shares of the company’s stock valued at $37,000 after purchasing an additional 3,811 shares during the period. Chicago Partners Investment Group LLC acquired a new position in BlackBerry during the 1st quarter valued at approximately $37,000. OneDigital Investment Advisors LLC bought a new position in shares of BlackBerry during the first quarter worth about $40,000. Finally, Benjamin Edwards Inc. bought a new position in shares of BlackBerry during the fourth quarter worth about $42,000. Institutional investors and hedge funds own 54.48% of the company’s stock.

BlackBerry Price Performance

Shares of NYSE BB opened at $3.80 on Friday. BlackBerry Limited has a twelve month low of $2.22 and a twelve month high of $6.24. The company has a current ratio of 2.10, a quick ratio of 2.10 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $2.25 billion, a price-to-earnings ratio of -63.25 and a beta of 1.49. The firm has a 50-day moving average of $3.90 and a two-hundred day moving average of $3.97.

BlackBerry (NYSE:BB) last issued its quarterly earnings results on Tuesday, June 24th. The company reported $0.02 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.03. BlackBerry had a negative net margin of 6.44% and a positive return on equity of 2.29%. The company had revenue of $121.26 million during the quarter, compared to the consensus estimate of $112.18 million. During the same period in the prior year, the company earned ($0.03) EPS. BlackBerry’s revenue was down 15.5% on a year-over-year basis. BlackBerry has set its Q2 2026 guidance at 0.000-0.010 EPS. FY 2026 guidance at 0.080-0.100 EPS. As a group, analysts expect that BlackBerry Limited will post -0.03 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have recently commented on BB. Robert W. Baird upped their price target on shares of BlackBerry from $4.00 to $5.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 25th. Wall Street Zen lowered shares of BlackBerry from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. CIBC restated an “outperform” rating on shares of BlackBerry in a research report on Tuesday, June 24th. Canaccord Genuity Group upped their price target on shares of BlackBerry from $4.25 to $4.60 and gave the stock a “hold” rating in a research report on Tuesday, June 24th. Finally, Royal Bank Of Canada boosted their price target on BlackBerry from $3.75 to $4.00 and gave the stock a “sector perform” rating in a research report on Friday, June 20th. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $4.60.

Insider Buying and Selling at BlackBerry

In related news, insider Philip S. Kurtz sold 16,217 shares of the stock in a transaction dated Tuesday, June 24th. The stock was sold at an average price of $5.25, for a total value of $85,139.25. Following the completion of the sale, the insider directly owned 57,503 shares of the company’s stock, valued at approximately $301,890.75. This represents a 22.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO John Joseph Giamatteo sold 26,998 shares of the stock in a transaction that occurred on Wednesday, July 2nd. The stock was sold at an average price of $4.32, for a total transaction of $116,631.36. Following the completion of the sale, the chief executive officer directly owned 530,135 shares of the company’s stock, valued at $2,290,183.20. This trade represents a 4.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 58,417 shares of company stock valued at $267,524. 0.37% of the stock is currently owned by company insiders.

About BlackBerry

BlackBerry Limited provides intelligent security software and services to enterprises and governments worldwide. The company operates through three segments: Cybersecurity, IoT, and Licensing and Other. The company offers CylanceENDPOINT, an integrated endpoint security solution; CylanceGUARD, a managed detection and response solution; CylanceEDGE, an AI-powered continuous authentication zero trust network access solution; CylanceINTELLIGENCE, a contextual cyber threat intelligence service; BlackBerry Dynamics offers a development platform and secure container for mobile applications; BlackBerry Workspaces a secure Enterprise File Sync and Share (EFSS) solution; BlackBerry Messenger (BBM) Enterprise, an enterprise-grade secure instant messaging solution for messaging, voice and video; BlackBerry SecuSUITE is a certified, multi-OS voice and text messaging solution; BlackBerry AtHoc, a secure networked critical event management solution; and BlackBerry unified endpoint management (UEM) solutions.