Vanguard Group Inc. Purchases 517,715 Shares of BlackBerry Limited $BB

Vanguard Group Inc. raised its position in BlackBerry Limited (NYSE:BB) by 2.2% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 23,793,046 shares of the company’s stock after acquiring an additional 517,715 shares during the period. Vanguard Group Inc.’s holdings in BlackBerry were worth $116,086,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in BlackBerry by 1,390.6% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,589,886 shares of the company’s stock worth $71,397,000 after acquiring an additional 14,544,005 shares during the last quarter. Hood River Capital Management LLC purchased a new position in shares of BlackBerry in the second quarter worth about $52,441,000. Marshall Wace LLP raised its position in shares of BlackBerry by 21,832.6% in the second quarter. Marshall Wace LLP now owns 8,860,764 shares of the company’s stock valued at $40,582,000 after purchasing an additional 8,820,364 shares during the period. Bank of America Corp DE lifted its stake in shares of BlackBerry by 183.6% during the 2nd quarter. Bank of America Corp DE now owns 4,604,205 shares of the company’s stock valued at $21,087,000 after buying an additional 2,980,732 shares in the last quarter. Finally, NewGen Equity Long Short Fund bought a new position in BlackBerry in the 2nd quarter worth approximately $12,366,000. Institutional investors own 54.48% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on BB. Wall Street Zen cut shares of BlackBerry from a “buy” rating to a “hold” rating in a report on Saturday, February 14th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $4.50 price target on shares of BlackBerry in a research report on Friday, December 19th. Canaccord Genuity Group reaffirmed a “hold” rating and set a $4.60 target price on shares of BlackBerry in a report on Friday, December 19th. Weiss Ratings reiterated a “sell (d+)” rating on shares of BlackBerry in a research note on Friday, December 26th. Finally, TD Securities upgraded shares of BlackBerry to a “hold” rating in a research report on Monday, December 22nd. One equities research analyst has rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, BlackBerry presently has a consensus rating of “Hold” and an average price target of $5.10.

BlackBerry Price Performance

Shares of BlackBerry stock opened at $3.48 on Thursday. The stock has a market capitalization of $2.05 billion, a price-to-earnings ratio of 116.04 and a beta of 1.67. The company has a fifty day moving average of $3.66 and a 200-day moving average of $4.07. BlackBerry Limited has a 52-week low of $2.80 and a 52-week high of $5.32. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.14 and a current ratio of 2.14.

BlackBerry (NYSE:BB) last posted its quarterly earnings results on Thursday, December 18th. The company reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.01. The business had revenue of $141.80 million during the quarter, compared to analyst estimates of $137.54 million. BlackBerry had a net margin of 4.02% and a return on equity of 8.05%. The company’s revenue was down 1.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.02 earnings per share. BlackBerry has set its FY 2026 guidance at 0.140-0.160 EPS and its Q4 2026 guidance at 0.030-0.050 EPS. Equities research analysts expect that BlackBerry Limited will post -0.03 EPS for the current year.

Insiders Place Their Bets

In related news, insider Philip S. Kurtz sold 11,121 shares of BlackBerry stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $3.89, for a total value of $43,260.69. Following the transaction, the insider directly owned 110,096 shares of the company’s stock, valued at $428,273.44. The trade was a 9.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Tim Foote sold 28,600 shares of the company’s stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $3.82, for a total transaction of $109,252.00. Following the sale, the chief financial officer owned 41,626 shares of the company’s stock, valued at $159,011.32. This represents a 40.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 364,881 shares of company stock valued at $1,400,034 in the last ninety days. Company insiders own 0.37% of the company’s stock.

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.