BlackBerry (NYSE:BB) CEO John Joseph Giamatteo Sells 152,012 Shares

Posted by George Bondi on Jul 11th, 2026

BlackBerry Limited (NYSE:BB – Get Free Report) CEO John Joseph Giamatteo sold 152,012 shares of the business’s stock in a transaction that occurred on Thursday, July 9th. The stock was sold at an average price of $11.35, for a total value of $1,725,336.20. Following the transaction, the chief executive officer directly owned 687,246 shares in the company, valued at $7,800,242.10. The trade was a 18.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

John Joseph Giamatteo also recently made the following trade(s):

On Wednesday, July 8th, John Joseph Giamatteo sold 125,000 shares of BlackBerry stock. The shares were sold at an average price of $11.00, for a total value of $1,375,000.00.
On Thursday, July 2nd, John Joseph Giamatteo sold 28,272 shares of BlackBerry stock. The stock was sold at an average price of $11.22, for a total transaction of $317,211.84.

BlackBerry Stock Performance

Shares of NYSE:BB traded down $0.46 during trading on Friday, reaching $10.97. 17,626,175 shares of the stock were exchanged, compared to its average volume of 31,549,920. BlackBerry Limited has a 12 month low of $3.12 and a 12 month high of $13.59. The stock has a 50-day moving average price of $8.81 and a 200-day moving average price of $5.53. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 0.26. The firm has a market cap of $6.43 billion, a PE ratio of 121.96 and a beta of 2.20.

BlackBerry (NYSE:BB – Get Free Report) last announced its earnings results on Thursday, June 25th. The company reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. The company had revenue of $152.90 million for the quarter, compared to analyst estimates of $136.10 million. BlackBerry had a return on equity of 11.66% and a net margin of 10.31%.The firm’s quarterly revenue was up 25.6% compared to the same quarter last year. During the same quarter last year, the company earned $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. Research analysts expect that BlackBerry Limited will post 0.13 EPS for the current fiscal year.

Institutional Investors Weigh In On BlackBerry

A number of large investors have recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of BlackBerry by 1,390.6% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,589,886 shares of the company’s stock valued at $71,397,000 after buying an additional 14,544,005 shares in the last quarter. First Trust Advisors LP boosted its position in shares of BlackBerry by 34.4% during the 4th quarter. First Trust Advisors LP now owns 24,991,652 shares of the company’s stock worth $94,718,000 after acquiring an additional 6,399,502 shares in the last quarter. Bank of America Corp DE increased its stake in BlackBerry by 183.6% in the second quarter. Bank of America Corp DE now owns 4,604,205 shares of the company’s stock valued at $21,087,000 after acquiring an additional 2,980,732 shares during the last quarter. Dimensional Fund Advisors LP raised its position in BlackBerry by 368.6% during the third quarter. Dimensional Fund Advisors LP now owns 3,078,600 shares of the company’s stock valued at $15,027,000 after purchasing an additional 2,421,578 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its stake in BlackBerry by 139.2% during the first quarter. Renaissance Technologies LLC now owns 3,545,543 shares of the company’s stock worth $11,488,000 after purchasing an additional 2,063,153 shares during the last quarter. 54.48% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts recently commented on BB shares. Weiss Ratings lowered shares of BlackBerry from a “hold (c)” rating to a “sell (d+)” rating in a research report on Tuesday. Wall Street Zen upgraded shares of BlackBerry from a “hold” rating to a “buy” rating in a research report on Monday, June 8th. TD raised their target price on shares of BlackBerry from $5.00 to $8.00 and gave the stock a “hold” rating in a report on Friday, June 26th. Canadian Imperial Bank of Commerce lifted their price target on shares of BlackBerry from $10.00 to $13.00 and gave the company an “outperformer” rating in a research report on Friday, June 26th. Finally, TD Securities reissued a “hold” rating and set a $8.00 price target on shares of BlackBerry in a research report on Friday, June 26th. Two research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, BlackBerry has a consensus rating of “Hold” and an average target price of $8.92.

View Our Latest Analysis on BlackBerry

About BlackBerry

(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.