BlackBerry Limited $BB Shares Sold by Thompson Davis & CO. Inc.

Posted by Francis Steltz on Jun 21st, 2026

Thompson Davis & CO. Inc. cut its holdings in shares of BlackBerry Limited (NYSE:BB – Free Report) by 82.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 19,920 shares of the company’s stock after selling 96,111 shares during the quarter. Thompson Davis & CO. Inc.’s holdings in BlackBerry were worth $71,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Delos Wealth Advisors LLC acquired a new position in BlackBerry in the third quarter valued at about $34,000. CI Investments Inc. boosted its stake in BlackBerry by 48.4% during the third quarter. CI Investments Inc. now owns 8,414 shares of the company’s stock worth $41,000 after buying an additional 2,745 shares during the period. Portfolio Resources Advisor Group Inc. acquired a new stake in shares of BlackBerry during the fourth quarter valued at about $46,000. DGS Capital Management LLC acquired a new stake in shares of BlackBerry during the fourth quarter valued at about $52,000. Finally, State of Wisconsin Investment Board purchased a new stake in shares of BlackBerry in the 4th quarter valued at approximately $54,000. 54.48% of the stock is owned by institutional investors and hedge funds.

BlackBerry Stock Down 0.2%

Shares of NYSE:BB opened at $8.37 on Friday. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.12 and a quick ratio of 2.12. The firm has a market capitalization of $4.90 billion, a PE ratio of 104.58 and a beta of 2.29. The firm’s 50-day moving average is $6.95 and its two-hundred day moving average is $4.83. BlackBerry Limited has a 1 year low of $3.12 and a 1 year high of $10.93.

BlackBerry (NYSE:BB – Get Free Report) last issued its quarterly 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. The business had revenue of $157.96 million for 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 quarterly revenue was up 10.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.03 earnings per share. BlackBerry has set its Q1 2027 guidance at 0.020-0.030 EPS and its FY 2027 guidance at 0.150-0.190 EPS. Analysts predict that BlackBerry Limited will post 0.13 EPS for the current year.

Insider Buying and Selling

In other news, CEO John Joseph Giamatteo sold 27,066 shares of the company’s 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 value of $106,472.48. Following the completion of the sale, the senior vice president 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. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 73,171 shares of company stock worth $260,489. 0.51% of the stock is owned by company insiders.

Analyst Ratings Changes

BB has been the topic of several recent analyst reports. Weiss Ratings lowered shares of BlackBerry from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 4th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $4.50 target price on shares of BlackBerry in a report on Friday, April 10th. Wall Street Zen raised BlackBerry from a “hold” rating to a “buy” rating in a research report on Monday, June 8th. Canadian Imperial Bank of Commerce upped their price target on BlackBerry from $8.50 to $10.00 and gave the stock an “outperform” rating in a research note on Wednesday. Finally, Canaccord Genuity Group lowered their price target on BlackBerry from $4.60 to $4.40 and set a “hold” rating for the company in a research report on Friday, April 10th. One research analyst has rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $5.73.

Read Our Latest Report on BlackBerry

About BlackBerry

(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.