Blackbaud (NASDAQ:BLKB) CFO Chad Anderson Sells 6,205 Shares of Stock

Posted by Stanley Muller on Jun 4th, 2026

Blackbaud, Inc. (NASDAQ:BLKB – Get Free Report) CFO Chad Anderson sold 6,205 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $31.31, for a total transaction of $194,278.55. Following the completion of the transaction, the chief financial officer directly owned 62,869 shares in the company, valued at approximately $1,968,428.39. The trade was a 8.98% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Blackbaud Stock Performance

Shares of NASDAQ BLKB opened at $28.11 on Thursday. Blackbaud, Inc. has a 12-month low of $27.60 and a 12-month high of $74.88. The firm has a market capitalization of $1.29 billion, a price-to-earnings ratio of 9.53, a price-to-earnings-growth ratio of 1.08 and a beta of 1.02. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 33.66. The firm has a 50 day moving average of $35.29 and a 200 day moving average of $47.98.

Blackbaud (NASDAQ:BLKB – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The technology company reported $1.14 earnings per share for the quarter, topping the consensus estimate of $1.08 by $0.06. Blackbaud had a net margin of 12.41% and a return on equity of 176.76%. The business had revenue of $281.14 million for the quarter, compared to the consensus estimate of $279.81 million. During the same period last year, the firm earned $0.96 earnings per share. The company’s quarterly revenue was up 4.2% on a year-over-year basis. Blackbaud has set its FY 2026 guidance at 5.150-5.250 EPS. On average, research analysts anticipate that Blackbaud, Inc. will post 3.57 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on BLKB. Robert W. Baird raised Blackbaud from a “neutral” rating to an “outperform” rating and cut their price target for the company from $60.00 to $50.00 in a report on Thursday, April 30th. Weiss Ratings raised Blackbaud from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday, May 4th. Stifel Nicolaus cut their price objective on Blackbaud from $50.00 to $45.00 and set a “hold” rating for the company in a research note on Tuesday, April 28th. Raymond James Financial set a $60.00 target price on shares of Blackbaud in a report on Tuesday, February 10th. Finally, Evercore set a $55.00 target price on shares of Blackbaud in a research note on Wednesday, February 11th. One research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $52.50.

View Our Latest Report on Blackbaud

Hedge Funds Weigh In On Blackbaud

Large investors have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Blackbaud by 1.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,434 shares of the technology company’s stock worth $1,454,000 after purchasing an additional 361 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in Blackbaud by 293.1% in the 1st quarter. Jones Financial Companies Lllp now owns 7,701 shares of the technology company’s stock worth $478,000 after purchasing an additional 5,742 shares during the period. Goldman Sachs Group Inc. boosted its stake in Blackbaud by 26.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 229,244 shares of the technology company’s stock worth $14,225,000 after purchasing an additional 47,549 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Blackbaud by 4.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 101,751 shares of the technology company’s stock valued at $6,314,000 after buying an additional 4,178 shares in the last quarter. Finally, Jane Street Group LLC grew its holdings in Blackbaud by 886.2% during the 1st quarter. Jane Street Group LLC now owns 159,729 shares of the technology company’s stock valued at $9,911,000 after buying an additional 143,533 shares in the last quarter. 94.21% of the stock is currently owned by hedge funds and other institutional investors.

Blackbaud Company Profile

(Get 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.

Insider Buying and Selling by Quarter for Blackbaud (NASDAQ:BLKB)

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