Oppenheimer & Co. Inc. Takes Position in BlackBerry Limited $BB

Oppenheimer & Co. Inc. purchased a new position in shares of BlackBerry Limited (NYSE:BB) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 244,297 shares of the company’s stock, valued at approximately $1,192,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of BB. Thompson Davis & CO. Inc. raised its holdings in shares of BlackBerry by 10.0% in the third quarter. Thompson Davis & CO. Inc. now owns 184,574 shares of the company’s stock valued at $954,000 after buying an additional 16,713 shares during the last quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd raised its stake in BlackBerry by 1.9% during the 3rd quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 800,660 shares of the company’s stock valued at $3,907,000 after acquiring an additional 14,655 shares during the last quarter. SBI Securities Co. Ltd. lifted its position in BlackBerry by 10.3% during the 3rd quarter. SBI Securities Co. Ltd. now owns 27,434 shares of the company’s stock worth $134,000 after acquiring an additional 2,569 shares during the period. Jones Financial Companies Lllp grew its stake in shares of BlackBerry by 33.9% in the 3rd quarter. Jones Financial Companies Lllp now owns 21,163 shares of the company’s stock valued at $105,000 after purchasing an additional 5,355 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of BlackBerry by 10.8% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 346,371 shares of the company’s stock valued at $1,690,000 after purchasing an additional 33,899 shares during the period. 54.48% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, insider Philip S. Kurtz sold 11,121 shares of BlackBerry stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $3.89, for a total transaction of $43,260.69. Following the completion of the transaction, the insider directly owned 110,096 shares of the company’s stock, valued at approximately $428,273.44. The trade was a 9.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CFO Tim Foote sold 28,600 shares of the business’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $3.82, for a total value of $109,252.00. Following the sale, the chief financial officer owned 41,626 shares in the company, valued at approximately $159,011.32. The trade was a 40.73% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 364,881 shares of company stock worth $1,400,034 in the last quarter. Company insiders own 0.37% of the company’s stock.

Analyst Upgrades and Downgrades

BB has been the subject of several recent research reports. TD Securities raised BlackBerry to a “hold” rating in a report on Monday, December 22nd. Royal Bank Of Canada restated a “sector perform” rating and issued a $4.50 target price on shares of BlackBerry in a research note on Friday, December 19th. Zacks Research lowered shares of BlackBerry from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 24th. Canaccord Genuity Group reissued a “hold” rating and set a $4.60 price target on shares of BlackBerry in a report on Friday, December 19th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of BlackBerry in a report on Friday, December 26th. One investment analyst has rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, BlackBerry has an average rating of “Hold” and a consensus target price of $5.10.

BlackBerry Stock Performance

NYSE:BB opened at $3.46 on Friday. The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 0.26. BlackBerry Limited has a fifty-two week low of $2.80 and a fifty-two week high of $6.24. The firm’s fifty day simple moving average is $3.86 and its 200-day simple moving average is $4.09. The stock has a market cap of $2.03 billion, a PE ratio of 115.21 and a beta of 1.63.

BlackBerry (NYSE:BB) last released its quarterly earnings data on Thursday, December 18th. The company reported $0.05 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.01. BlackBerry had a net margin of 4.02% and a return on equity of 8.05%. The firm had revenue of $141.80 million for the quarter, compared to the consensus estimate of $137.54 million. During the same quarter in the previous year, the firm earned $0.02 earnings per share. The firm’s revenue was down 1.3% on a year-over-year basis. BlackBerry has set its FY 2026 guidance at 0.140-0.160 EPS and its Q4 2026 guidance at 0.030-0.050 EPS. Analysts expect that BlackBerry Limited will post -0.03 earnings per share for the current fiscal year.

About BlackBerry

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.