BlackBerry (NYSE:BB) Sees Large Volume Increase – Time to Buy?

BlackBerry Limited (NYSE:BB) saw unusually-high trading volume on Tuesday . Approximately 15,537,123 shares were traded during trading, an increase of 18% from the previous session’s volume of 13,213,881 shares.The stock last traded at $8.05 and had previously closed at $7.91.

Analyst Upgrades and Downgrades

BB has been the topic of a number of research analyst reports. Wall Street Zen raised shares of BlackBerry from a “hold” rating to a “buy” rating in a report on Saturday. Canaccord Genuity Group lowered their price target on shares of BlackBerry from $4.60 to $4.40 and set a “hold” rating on the stock in a report on Friday, April 10th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $4.50 price target on shares of BlackBerry in a report on Friday, April 10th. Finally, Weiss Ratings raised shares of BlackBerry from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 20th. One investment analyst has rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, BlackBerry has a consensus rating of “Hold” and a consensus target price of $4.88.

BlackBerry Stock Performance

The firm’s 50 day moving average price is $4.73 and its 200-day moving average price is $4.18. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.12 and a current ratio of 2.12. The firm has a market capitalization of $5.03 billion, a PE ratio of 107.01 and a beta of 2.10.

BlackBerry (NYSE:BB) last posted its earnings results on Thursday, April 9th. The company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.02. BlackBerry had a net margin of 9.69% and a return on equity of 10.09%. The business had revenue of $157.96 million for the quarter, compared to analyst estimates of $144.27 million. During the same period in the prior year, the company posted $0.03 EPS. The company’s revenue for the quarter was up 10.1% on a year-over-year basis. 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, research analysts expect that BlackBerry Limited will post 0.13 EPS for the current year.

Insider Activity

In other news, CEO John Joseph Giamatteo sold 27,066 shares of the stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $3.56, for a total transaction of $96,354.96. Following the sale, the chief executive officer directly owned 899,146 shares of the company’s stock, valued at $3,200,959.76. This represents a 2.92% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Jennifer Armstrong-Owen sold 29,908 shares of the stock in a transaction dated Saturday, April 4th. The stock was sold at an average price of $3.56, for a total transaction of $106,472.48. Following the sale, the senior vice president directly owned 94,903 shares in the company, valued at approximately $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. Over the last three months, insiders have sold 73,171 shares of company stock worth $260,489. Corporate insiders own 0.51% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of BB. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of BlackBerry by 1.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 823,822 shares of the company’s stock worth $3,106,000 after purchasing an additional 10,667 shares during the last quarter. Geode Capital Management LLC raised its position in shares of BlackBerry by 263.2% during the 2nd quarter. Geode Capital Management LLC now owns 1,167,739 shares of the company’s stock worth $5,348,000 after purchasing an additional 846,208 shares during the last quarter. Creative Planning raised its position in shares of BlackBerry by 87.5% during the 2nd quarter. Creative Planning now owns 53,413 shares of the company’s stock worth $245,000 after purchasing an additional 24,921 shares during the last quarter. Flow Traders U.S. LLC acquired a new position in shares of BlackBerry during the 2nd quarter worth about $86,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of BlackBerry by 1,390.6% during 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 purchasing an additional 14,544,005 shares during the last quarter. Institutional investors and hedge funds own 54.48% of the company’s stock.

BlackBerry Company 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.