Hsbc Holdings PLC Has $7.12 Million Stake in BlackBerry Limited $BB

Hsbc Holdings PLC lifted its position in BlackBerry Limited (NYSE:BB) by 1,501.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,890,023 shares of the company’s stock after buying an additional 1,772,039 shares during the quarter. Hsbc Holdings PLC’s holdings in BlackBerry were worth $7,116,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Delos Wealth Advisors LLC bought a new position in BlackBerry during the third quarter valued at approximately $34,000. CI Investments Inc. grew its position in BlackBerry by 48.4% in the third quarter. CI Investments Inc. now owns 8,414 shares of the company’s stock worth $41,000 after acquiring an additional 2,745 shares in the last quarter. NewEdge Advisors LLC grew its position in BlackBerry by 2,349.1% in the third quarter. NewEdge Advisors LLC now owns 11,682 shares of the company’s stock worth $57,000 after acquiring an additional 11,205 shares in the last quarter. Portfolio Resources Advisor Group Inc. bought a new stake in BlackBerry in the fourth quarter worth approximately $46,000. Finally, DGS Capital Management LLC acquired a new position in shares of BlackBerry during the 4th quarter worth $52,000. Institutional investors and hedge funds own 54.48% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the stock. Royal Bank Of Canada restated a “sector perform” rating and set a $9.00 price target on shares of BlackBerry in a report on Friday. Wall Street Zen upgraded shares of BlackBerry from a “hold” rating to a “buy” rating in a report on Monday, June 8th. TD Securities reissued a “hold” rating and set a $8.00 target price on shares of BlackBerry in a research report on Friday. Canadian Imperial Bank of Commerce raised their target price on BlackBerry from $10.00 to $13.00 and gave the company an “outperformer” rating in a report on Friday. Finally, Weiss Ratings raised BlackBerry from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday. Two equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $8.92.

More BlackBerry News

Here are the key news stories impacting BlackBerry this week:

• Positive Sentiment: BlackBerry beat fiscal Q1 expectations on both EPS and revenue, with revenue up 26% year over year and adjusted EPS above estimates, signaling improving operating momentum. BlackBerry Reports First Quarter Fiscal Year 2027 Results
• Positive Sentiment: The company raised its FY2027 guidance, with management citing strength in QNX and Secure Communications, which supports confidence in continued growth and profitability. BlackBerry Q1 Earnings Call Highlights QNX Growth & Higher Outlook
• Positive Sentiment: QNX remains a key driver, with strong automotive embedded-software growth and expanding AI-related opportunities helping investors re-rate the stock higher. BlackBerry Sees New AI Opportunities as Embedded-Software Business Accelerates
• Positive Sentiment: Brokerage sentiment improved after the results, with CIBC raising its price target and maintaining an outperformer rating, while TD also lifted its target despite a hold rating. Analyst target update
• Neutral Sentiment: BlackBerry also reported its first cash-positive quarter in nine years, a milestone that supports the turnaround story but may take time to flow through to valuation.
• Negative Sentiment: TD’s new $8 price target is still well below the current trading level, implying meaningful downside if the stock’s post-earnings optimism fades. BayStreet.CA analyst ratings

Insider Activity at BlackBerry

In other news, CEO John Joseph Giamatteo sold 27,066 shares of the business’s stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $3.56, for a total transaction of $96,354.96. Following the transaction, the chief executive officer owned 899,146 shares in the company, valued at approximately $3,200,959.76. The trade was a 2.92% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Jennifer Armstrong-Owen sold 29,908 shares of the business’s stock in a transaction dated Saturday, April 4th. The shares were sold at an average price of $3.56, for a total value of $106,472.48. Following the transaction, the senior vice president owned 94,903 shares in the company, valued at $337,854.68. This represents a 23.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 73,171 shares of company stock valued at $260,489. 0.51% of the stock is owned by corporate insiders.

BlackBerry Stock Performance

Shares of BB opened at $11.36 on Friday. The company has a market capitalization of $6.66 billion, a PE ratio of 126.21 and a beta of 2.29. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.12 and a quick ratio of 2.12. BlackBerry Limited has a one year low of $3.12 and a one year high of $11.49. The company’s fifty day moving average price is $7.52 and its 200 day moving average price is $5.02.

BlackBerry (NYSE:BB) last issued its quarterly earnings results on Thursday, June 25th. The company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.01. The company had revenue of $152.90 million for the quarter, compared to the consensus estimate of $139.81 million. BlackBerry had a return on equity of 11.72% and a net margin of 10.31%.The firm’s revenue was up 25.6% compared to the same quarter last year. During the same period last year, the business posted $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. As a group, analysts expect that BlackBerry Limited will post 0.14 earnings per share for the current year.

BlackBerry Profile

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.