16,672 Shares in Blackbaud, Inc. $BLKB Purchased by Callan Family Office LLC

Posted by George Bondi on Aug 26th, 2026

Callan Family Office LLC acquired a new stake in Blackbaud, Inc. (NASDAQ:BLKB – Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 16,672 shares of the technology company’s stock, valued at approximately $494,000.

Several other hedge funds have also recently added to or reduced their stakes in BLKB. BlackRock Inc. purchased a new stake in shares of Blackbaud in the second quarter valued at about $177,153,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Blackbaud by 143,409.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,207,179 shares of the technology company’s stock valued at $139,759,000 after purchasing an additional 2,205,641 shares during the last quarter. Janus Henderson Group PLC increased its stake in shares of Blackbaud by 3.9% during the 1st quarter. Janus Henderson Group PLC now owns 1,555,833 shares of the technology company’s stock worth $60,071,000 after purchasing an additional 58,806 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Blackbaud by 0.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 975,085 shares of the technology company’s stock worth $61,743,000 after purchasing an additional 5,709 shares in the last quarter. Finally, Van Berkom & Associates Inc. increased its stake in shares of Blackbaud by 16.7% during the 4th quarter. Van Berkom & Associates Inc. now owns 779,935 shares of the technology company’s stock worth $49,385,000 after purchasing an additional 111,388 shares in the last quarter. 94.21% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Blackbaud news, CFO Chad Anderson sold 6,205 shares of the stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $31.31, for a total transaction of $194,278.55. Following the transaction, the chief financial officer owned 62,869 shares of the company’s stock, valued at $1,968,428.39. This trade represents a 8.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kevin P. Gregoire sold 22,000 shares of Blackbaud stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $45.50, for a total transaction of $1,001,000.00. Following the completion of the transaction, the executive vice president owned 113,194 shares in the company, valued at approximately $5,150,327. This trade represents a 16.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 2.01% of the company’s stock.

Blackbaud Stock Down 1.4%

BLKB opened at $47.42 on Wednesday. Blackbaud, Inc. has a 12 month low of $25.58 and a 12 month high of $70.71. The business has a 50-day moving average of $36.11 and a two-hundred day moving average of $37.87. The company has a debt-to-equity ratio of 16.82, a current ratio of 0.83 and a quick ratio of 0.83. The stock has a market capitalization of $2.15 billion, a price-to-earnings ratio of 14.82, a price-to-earnings-growth ratio of 1.65 and a beta of 0.97.

Blackbaud (NASDAQ:BLKB – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The technology company reported $1.33 earnings per share for the quarter, topping the consensus estimate of $1.23 by $0.10. Blackbaud had a net margin of 13.12% and a return on equity of 197.49%. The business had revenue of $290.60 million for the quarter, compared to analyst estimates of $292.23 million. During the same period in the prior year, the firm posted $1.21 EPS. The company’s revenue was up 3.3% on a year-over-year basis. Blackbaud has set its FY 2026 guidance at 5.150-5.250 EPS. On average, research analysts expect that Blackbaud, Inc. will post 3.71 earnings per share for the current year.

Analyst Ratings Changes

BLKB has been the topic of a number of recent research reports. Stifel Nicolaus reduced their target price on Blackbaud from $45.00 to $30.00 and set a “hold” rating on the stock in a research note on Friday, July 10th. Weiss Ratings upgraded Blackbaud from a “sell (d)” rating to a “sell (d+)” rating in a report on Thursday, August 6th. Raymond James Financial reissued an “outperform” rating and set a $55.00 price target on shares of Blackbaud in a research report on Wednesday, July 29th. Finally, Robert W. Baird set a $54.00 price target on Blackbaud in a report on Thursday, July 30th. Two analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Blackbaud presently has a consensus rating of “Hold” and a consensus price target of $48.50.

Read Our Latest Research Report on Blackbaud

About Blackbaud

(Free Report)

Blackbaud, Inc is a leading provider of cloud software, services and data intelligence solutions designed specifically for the social good community. The company’s main offerings include fundraising and relationship management platforms, financial management systems, grant and award management tools, and advanced analytics. Its flagship products—such as Raiser’s Edge NXT, Blackbaud Financial Edge NXT and Blackbaud NetCommunity—help nonprofit organizations, educational institutions, healthcare providers and foundations streamline donor engagement, optimize financial operations and measure program impact.

Founded in 1981 and headquartered in Charleston, South Carolina, Blackbaud has grown from a small technology startup into a global specialist in nonprofit software.