BlackBerry Limited (TSE:BB – Get Free Report) (NASDAQ:BBRY) insider Philip Simon Kurtz sold 30,000 shares of the firm’s stock in a transaction on Tuesday, July 14th. The shares were sold at an average price of C$15.92, for a total value of C$477,600.00. Following the sale, the insider directly owned 95,158 shares of the company’s stock, valued at approximately C$1,514,915.36. This represents a 23.97% decrease in their ownership of the stock.
Philip Simon Kurtz also recently made the following trade(s):
- On Thursday, July 2nd, Philip Simon Kurtz sold 4,195 shares of BlackBerry stock. The stock was sold at an average price of C$16.39, for a total value of C$68,756.05.
BlackBerry Stock Performance
Shares of TSE:BB traded down C$2.05 during midday trading on Thursday, reaching C$12.92. The company had a trading volume of 5,424,835 shares, compared to its average volume of 3,933,818. The stock has a market cap of C$7.57 billion, a P/E ratio of 129.20, a P/E/G ratio of 0.06 and a beta of 1.16. The company’s 50 day moving average price is C$12.76 and its 200 day moving average price is C$7.89. The company has a current ratio of 2.20, a quick ratio of 1.49 and a debt-to-equity ratio of 29.45. BlackBerry Limited has a 52-week low of C$4.35 and a 52-week high of C$18.45.
Analyst Ratings Changes
Separately, Stifel Nicolaus set a C$12.00 target price on shares of BlackBerry and gave the company a “buy” rating in a research report on Wednesday, June 24th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of C$12.00.
Read Our Latest Analysis on BlackBerry
About BlackBerry
BlackBerry (NYSE:BB)(TSX:BB) provides enterprises and governments the intelligent software and services that power the world around us. Based in Waterloo, Ontario, the company’s high-performance foundational software enables major automakers and industrial giants alike to unlock transformative applications, drive new revenue streams and launch innovative business models, all without sacrificing safety, security, and reliability. With a deep heritage in Secure Communications, BlackBerry delivers operational resiliency with a comprehensive, highly secure, and extensively certified portfolio for mobile fortification, mission-critical communications, and critical events management.
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