Advisory Resource Group Makes New $290,000 Investment in BlackBerry Limited $BB

Advisory Resource Group acquired a new stake in BlackBerry Limited (NYSE:BB) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 63,251 shares of the company’s stock, valued at approximately $290,000.

Several other large investors also recently modified their holdings of the company. Chicago Partners Investment Group LLC acquired a new position in BlackBerry in the first quarter valued at $37,000. LeConte Wealth Management LLC acquired a new stake in BlackBerry during the 2nd quarter worth about $61,000. Ground Swell Capital LLC bought a new position in shares of BlackBerry in the 2nd quarter worth about $69,000. AE Wealth Management LLC acquired a new position in shares of BlackBerry in the 2nd quarter valued at about $71,000. Finally, Marathon Trading Investment Management LLC bought a new stake in shares of BlackBerry during the 2nd quarter valued at about $85,000. 54.48% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Mattias Eriksson sold 5,914 shares of the firm’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $4.62, for a total transaction of $27,322.68. Following the completion of the sale, the insider directly owned 291,340 shares of the company’s stock, valued at $1,345,990.80. This trade represents a 1.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO John Joseph Giamatteo sold 28,343 shares of BlackBerry stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $4.62, for a total value of $130,944.66. Following the sale, the chief executive officer owned 568,164 shares in the company, valued at $2,624,917.68. The trade was a 4.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 88,565 shares of company stock valued at $423,706 over the last three months. Corporate insiders own 0.37% of the company’s stock.

BlackBerry Stock Down 1.3%

BB stock opened at $4.30 on Friday. The firm has a market capitalization of $2.54 billion, a PE ratio of -429.50 and a beta of 1.51. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 0.27. BlackBerry Limited has a twelve month low of $2.29 and a twelve month high of $6.24. The stock’s 50 day moving average is $4.50 and its 200-day moving average is $4.14.

BlackBerry (NYSE:BB) last posted its earnings results on Thursday, September 25th. The company reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.03. The firm had revenue of $130.96 million during the quarter, compared to analyst estimates of $122.03 million. BlackBerry had a negative net margin of 0.60% and a positive return on equity of 6.07%. The company’s revenue was down 10.6% on a year-over-year basis. BlackBerry has set its Q3 2026 guidance at 0.020-0.040 EPS. FY 2026 guidance at 0.110-0.15 EPS. Sell-side analysts expect that BlackBerry Limited will post -0.03 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. TD Securities lowered BlackBerry from a “buy” rating to a “hold” rating and boosted their price target for the company from $4.00 to $5.00 in a research note on Friday, October 3rd. Royal Bank Of Canada lifted their price objective on shares of BlackBerry from $4.00 to $4.50 and gave the company a “sector perform” rating in a research note on Friday, September 26th. Canaccord Genuity Group reiterated a “hold” rating and set a $4.60 target price on shares of BlackBerry in a research report on Friday, September 26th. Zacks Research upgraded shares of BlackBerry from a “hold” rating to a “strong-buy” rating in a report on Monday, September 29th. Finally, TD Cowen reaffirmed a “hold” rating and issued a $5.00 price target on shares of BlackBerry in a research note on Friday, October 3rd. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $5.10.

BlackBerry Company Profile

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.