Tim Foote Sells 25,878 Shares of BlackBerry (NYSE:BB) Stock

Posted by Geri Gentry on Jul 6th, 2026

BlackBerry Limited (NYSE:BB – Get Free Report) CFO Tim Foote sold 25,878 shares of the stock in a transaction that occurred on Thursday, July 2nd. The stock was sold at an average price of $12.39, for a total transaction of $320,628.42. Following the completion of the sale, the chief financial officer directly owned 58,372 shares of the company’s stock, valued at $723,229.08. This represents a 30.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

BlackBerry Price Performance

Shares of NYSE:BB traded down $0.14 during trading on Monday, hitting $11.37. 20,992,179 shares of the company’s stock were exchanged, compared to its average volume of 20,122,301. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.20 and a quick ratio of 2.20. BlackBerry Limited has a 52-week low of $3.12 and a 52-week high of $13.59. The business’s 50-day simple moving average is $8.22 and its 200 day simple moving average is $5.30. The company has a market cap of $6.66 billion, a price-to-earnings ratio of 126.35 and a beta of 2.20.

BlackBerry (NYSE:BB – Get Free Report) last posted its earnings results on Thursday, June 25th. The company reported $0.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. The firm had revenue of $152.90 million during the quarter, compared to analyst estimates of $136.10 million. BlackBerry had a net margin of 10.31% and a return on equity of 11.66%. BlackBerry’s revenue for the quarter was up 25.6% compared to the same quarter last year. During the same period last year, the firm posted $0.02 earnings per share. BlackBerry has set its FY 2027 guidance at 0.160-0.200 EPS and its Q2 2027 guidance at 0.030-0.040 EPS. As a group, equities analysts predict that BlackBerry Limited will post 0.13 EPS for the current year.

Institutional Trading of BlackBerry

Hedge funds and other institutional investors have recently made changes to their positions in the business. Delos Wealth Advisors LLC purchased a new position in BlackBerry during the third quarter valued at approximately $34,000. CI Investments Inc. increased its holdings in BlackBerry by 48.4% in the 3rd quarter. CI Investments Inc. now owns 8,414 shares of the company’s stock worth $41,000 after acquiring an additional 2,745 shares in the last quarter. Wealthfront Advisers LLC purchased a new position in BlackBerry during the first quarter valued at $34,000. Bank of New York Mellon Corp purchased a new stake in shares of BlackBerry during the first quarter worth about $37,000. Finally, NewEdge Advisors LLC lifted its stake in BlackBerry by 2,349.1% in the 3rd quarter. NewEdge Advisors LLC now owns 11,682 shares of the company’s stock valued at $57,000 after buying an additional 11,205 shares in the last quarter. Institutional investors and hedge funds own 54.48% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on BB shares. Canadian Imperial Bank of Commerce increased their target price on BlackBerry from $10.00 to $13.00 and gave the stock an “outperformer” rating in a research note on Friday, June 26th. Weiss Ratings upgraded BlackBerry from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, June 23rd. Royal Bank Of Canada upped their price objective on shares of BlackBerry from $4.50 to $9.00 and gave the stock a “sector perform” rating in a research note on Friday, June 26th. Raymond James Financial boosted their price target on shares of BlackBerry from $4.75 to $9.50 and gave the company a “market perform” rating in a report on Friday, June 26th. Finally, TD increased their target price on BlackBerry from $5.00 to $8.00 and gave the company a “hold” rating in a research report on Friday, June 26th. Two equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $8.92.

Read Our Latest Analysis on BB

BlackBerry Company Profile

(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.