Stock Traders Buy High Volume of BlackBerry Call Options (NYSE:BB)

Posted by Francis Steltz on Jun 3rd, 2026

BlackBerry Limited (NYSE:BB – Get Free Report) was the target of some unusual options trading activity on Tuesday. Stock investors purchased 126,534 call options on the stock. This represents an increase of approximately 180% compared to the average daily volume of 45,223 call options.

BlackBerry Stock Up 7.9%

BB stock opened at $9.71 on Tuesday. BlackBerry has a one year low of $3.12 and a one year high of $9.84. The stock has a market capitalization of $5.71 billion, a PE ratio of 121.44 and a beta of 2.10. 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 company has a fifty day moving average of $5.30 and a 200-day moving average of $4.33.

BlackBerry (NYSE:BB – Get Free Report) last released its earnings results on Thursday, April 9th. The company reported $0.06 EPS for the quarter, topping the consensus estimate of $0.04 by $0.02. The company had revenue of $157.96 million during the quarter, compared to analysts’ expectations of $144.27 million. BlackBerry had a net margin of 9.69% and a return on equity of 10.09%. The business’s revenue was up 10.1% on a year-over-year basis. During the same quarter last year, the business earned $0.03 EPS. BlackBerry has set its Q1 2027 guidance at 0.020-0.030 EPS and its FY 2027 guidance at 0.150-0.190 EPS. As a group, analysts expect that BlackBerry will post 0.13 EPS for the current year.

Wall Street Analyst Weigh In

BB has been the subject of a number of recent research reports. Wall Street Zen cut shares of BlackBerry from a “buy” rating to a “hold” rating in a research note on Sunday. Canaccord Genuity Group decreased their price target on shares of BlackBerry from $4.60 to $4.40 and set a “hold” rating for the company in a research note on Friday, April 10th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $4.50 price target on shares of BlackBerry in a research note on Friday, April 10th. Finally, Weiss Ratings upgraded shares of BlackBerry from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 20th. One investment analyst has rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $4.88.

Read Our Latest Stock Analysis on BB

Insider Buying and Selling at BlackBerry

In related news, SVP Jennifer Armstrong-Owen sold 29,908 shares of the stock in a transaction on Saturday, April 4th. The shares were sold at an average price of $3.56, for a total transaction of $106,472.48. Following the completion of the sale, the senior vice president owned 94,903 shares in the company, valued at $337,854.68. This represents a 23.96% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO John Joseph Giamatteo sold 27,066 shares of the stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $3.56, for a total transaction of $96,354.96. Following the sale, the chief executive officer owned 899,146 shares of the company’s stock, valued at approximately $3,200,959.76. This represents a 2.92% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 73,171 shares of company stock valued at $260,489. Company insiders own 0.51% of the company’s stock.

Hedge Funds Weigh In On BlackBerry

A number of large investors have recently made changes to their positions in BB. Delos Wealth Advisors LLC purchased a new position in shares of BlackBerry in the 3rd quarter valued at about $34,000. Wealthfront Advisers LLC purchased a new position in shares of BlackBerry in the 1st quarter valued at about $34,000. Bank of New York Mellon Corp purchased a new position in shares of BlackBerry in the 1st quarter valued at about $37,000. CI Investments Inc. increased its holdings in shares of BlackBerry by 48.4% in the 3rd quarter. CI Investments Inc. now owns 8,414 shares of the company’s stock valued at $41,000 after purchasing an additional 2,745 shares in the last quarter. Finally, Portfolio Resources Advisor Group Inc. purchased a new position in BlackBerry during the 4th quarter valued at about $46,000. Hedge funds and other institutional investors own 54.48% of the company’s stock.

About BlackBerry

(Get Free Report)

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.