Milestone Asset Management LLC Decreases Stock Position in BlackBerry Limited $BB

Milestone Asset Management LLC lessened its stake in shares of BlackBerry Limited (NYSE:BB) by 91.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 12,133 shares of the company’s stock after selling 129,220 shares during the period. Milestone Asset Management LLC’s holdings in BlackBerry were worth $46,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in BlackBerry by 1.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 823,822 shares of the company’s stock valued at $3,106,000 after acquiring an additional 10,667 shares during the last quarter. Geode Capital Management LLC grew its position in BlackBerry by 263.2% in the 2nd quarter. Geode Capital Management LLC now owns 1,167,739 shares of the company’s stock valued at $5,348,000 after acquiring an additional 846,208 shares during the last quarter. Creative Planning grew its position in BlackBerry by 87.5% in the 2nd quarter. Creative Planning now owns 53,413 shares of the company’s stock valued at $245,000 after acquiring an additional 24,921 shares during the last quarter. Flow Traders U.S. LLC bought a new position in BlackBerry in the 2nd quarter valued at $86,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in 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 acquiring an additional 14,544,005 shares during the last quarter. Hedge funds and other institutional investors own 54.48% of the company’s stock.

BlackBerry Price Performance

BB opened at $5.28 on Friday. BlackBerry Limited has a 12-month low of $3.12 and a 12-month high of $5.79. The company has a current ratio of 2.12, a quick ratio of 2.12 and a debt-to-equity ratio of 0.26. The business’s fifty day simple moving average is $3.66 and its 200-day simple moving average is $3.99. The company has a market capitalization of $3.10 billion, a price-to-earnings ratio of 66.02 and a beta of 1.70.

BlackBerry (NYSE:BB) last posted its quarterly earnings results on Thursday, April 9th. The company reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.04 by $0.02. BlackBerry had a return on equity of 10.09% and a net margin of 9.69%.The business had revenue of $157.96 million for the quarter, compared to the consensus estimate of $144.27 million. During the same quarter in the prior year, the company earned $0.03 EPS. The business’s revenue was up 10.1% compared to the same quarter last year. BlackBerry has set its Q1 2027 guidance at 0.020-0.030 EPS and its FY 2027 guidance at 0.150-0.190 EPS. On average, equities research analysts anticipate that BlackBerry Limited will post 0.13 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CEO John Joseph Giamatteo sold 27,066 shares of the firm’s stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $3.56, for a total transaction of $96,354.96. Following the sale, the chief executive officer owned 899,146 shares of the company’s stock, valued at $3,200,959.76. This trade represents a 2.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Jennifer Armstrong-Owen sold 29,908 shares of the firm’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 sale, the senior vice president directly owned 94,903 shares in the company, valued at approximately $337,854.68. The trade was a 23.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 73,171 shares of company stock worth $260,489 in the last three months. Corporate insiders own 0.37% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on BB. Wall Street Zen raised BlackBerry from a “hold” rating to a “buy” rating in a research report on Saturday, April 11th. Weiss Ratings raised BlackBerry from a “sell (d+)” rating to a “hold (c)” rating in a research report on Friday, April 10th. Canaccord Genuity Group cut their price objective on BlackBerry from $4.60 to $4.40 and set a “hold” rating on the stock in a research report on Friday, April 10th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $4.50 price objective on shares of BlackBerry in a research report on Friday, April 10th. One equities research analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $4.88.

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.