Insider Selling: BlackBerry (NYSE:BB) CFO Sells $152,382.08 in Stock

Posted by Brian Himes on Oct 5th, 2026

BlackBerry Limited (NYSE:BB – Get Free Report) CFO Tim Foote sold 16,672 shares of the firm’s stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $9.14, for a total value of $152,382.08. Following the sale, the chief financial officer directly owned 56,863 shares of the company’s stock, valued at approximately $519,727.82. This represents a 22.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Tim Foote also recently made the following trade(s):

On Thursday, July 9th, Tim Foote sold 8,235 shares of BlackBerry stock. The stock was sold at an average price of $10.92, for a total value of $89,926.20.

BlackBerry Trading Down 0.2%

Shares of NYSE BB opened at $9.29 on Monday. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 0.25. BlackBerry Limited has a 12 month low of $3.12 and a 12 month high of $13.59. The company has a market cap of $5.45 billion, a price-to-earnings ratio of 77.38 and a beta of 2.20. The business has a fifty day simple moving average of $8.31 and a 200-day simple moving average of $7.60.

BlackBerry (NYSE:BB – Get Free Report) last issued its quarterly earnings results on Thursday, September 24th. The company reported $0.07 earnings per share for the quarter, topping analysts’ consensus estimates of $0.04 by $0.03. BlackBerry had a return on equity of 13.71% and a net margin of 13.09%.The firm had revenue of $166.56 million for the quarter, compared to analysts’ expectations of $144.22 million. During the same quarter last year, the business posted $0.04 EPS. BlackBerry’s revenue was up 26.0% on a year-over-year basis. BlackBerry has set its FY 2027 guidance at 0.190-0.220 EPS and its Q3 2027 guidance at 0.040-0.050 EPS. Sell-side analysts predict that BlackBerry Limited will post 0.17 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the stock. Legal & General Group Plc bought a new stake in shares of BlackBerry during the 2nd quarter worth $480,710,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in BlackBerry in the 2nd quarter worth $69,786,000. Bank of America Corp DE acquired a new position in BlackBerry during the 2nd quarter worth $64,718,000. Renaissance Technologies LLC lifted its position in BlackBerry by 139.2% during the 1st quarter. Renaissance Technologies LLC now owns 3,545,543 shares of the company’s stock worth $11,488,000 after acquiring an additional 2,063,153 shares during the last quarter. Finally, BlackRock Inc. bought a new stake in BlackBerry during the second quarter valued at about $42,002,000. 54.48% of the stock is owned by institutional investors.

Analyst Ratings Changes

BB has been the subject of a number of recent analyst reports. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $9.00 price objective on shares of BlackBerry in a research note on Monday, September 21st. Raymond James Financial lifted their price target on BlackBerry from $4.75 to $9.50 and gave the company a “market perform” rating in a report on Friday, June 26th. Canaccord Genuity Group dropped their price target on BlackBerry from $10.30 to $9.50 and set a “hold” rating on the stock in a research report on Friday, September 25th. Weiss Ratings raised BlackBerry from a “sell (d+)” rating to a “hold (c)” rating in a research note on Friday, September 25th. Finally, Canadian Imperial Bank of Commerce raised their price objective on BlackBerry from $10.00 to $13.00 and gave the stock an “outperformer” rating in a research report on Friday, June 26th. Two research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $9.86.

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About BlackBerry

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BlackBerry Limited is a Canadian technology company that provides cybersecurity and Internet of Things (IoT) software. Its cybersecurity offerings support endpoint protection, threat detection and response, secure communications, identity management, and unified endpoint management for businesses and government organizations.

Through its QNX business, BlackBerry supplies secure, safety-certified real-time operating systems and embedded software for automotive systems and other connected devices.