First Trust Advisors LP Has $90.73 Million Stock Holdings in BlackBerry Limited $BB

Key Points

• First Trust Advisors LP boosted its stake in BlackBerry by 18.1% in Q3 to 18,592,150 shares—about 3.15% of the company—worth approximately $90.73 million.
• Company insiders have been sellers: CFO Tim Foote sold 28,600 shares on Jan. 2, and insiders disposed of 364,881 shares (~$1.4 million) in the quarter, leaving insiders with about 0.37% ownership.
• Wall Street’s consensus is a Hold with a $5.10 price target; BlackBerry has a $2.05 billion market cap, a P/E near 116, a 52‑week range of $2.80–$5.32, and management set FY2026 EPS guidance of $0.140–$0.160.

First Trust Advisors LP increased its position in shares of BlackBerry Limited (NYSE:BB - Free Report) by 18.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,592,150 shares of the company's stock after acquiring an additional 2,844,036 shares during the period. First Trust Advisors LP owned about 3.15% of BlackBerry worth $90,730,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the company. Dimensional Fund Advisors LP increased its position in BlackBerry by 368.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 3,078,600 shares of the company's stock worth $15,027,000 after purchasing an additional 2,421,578 shares during the last quarter. Picton Mahoney Asset Management purchased a new stake in shares of BlackBerry during the 3rd quarter worth about $656,000. CI Investments Inc. lifted its holdings in shares of BlackBerry by 48.4% during the 3rd quarter. CI Investments Inc. now owns 8,414 shares of the company's stock valued at $41,000 after buying an additional 2,745 shares during the last quarter. GSA Capital Partners LLP grew its stake in shares of BlackBerry by 5.6% in the 3rd quarter. GSA Capital Partners LLP now owns 105,852 shares of the company's stock valued at $517,000 after buying an additional 5,614 shares in the last quarter. Finally, Skandinaviska Enskilda Banken AB publ grew its stake in shares of BlackBerry by 99.1% in the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 139,195 shares of the company's stock valued at $679,000 after buying an additional 69,282 shares in the last quarter. Institutional investors and hedge funds own 54.48% of the company's stock.

Insiders Place Their Bets

In other BlackBerry news, CFO Tim Foote sold 28,600 shares of the firm's stock in a transaction that occurred 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 completion of the sale, the chief financial officer owned 41,626 shares in the company, valued at approximately $159,011.32. This trade represents a 40.73% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Philip S. Kurtz sold 11,121 shares of BlackBerry stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $3.89, for a total value of $43,260.69. Following the sale, the insider directly owned 110,096 shares in the company, valued at $428,273.44. The trade was a 9.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 364,881 shares of company stock worth $1,400,034. 0.37% of the stock is currently owned by company insiders.

BlackBerry Stock Performance

NYSE:BB opened at $3.48 on Tuesday. The firm's 50-day moving average is $3.63 and its 200-day moving average is $4.07. The company has a market cap of $2.05 billion, a price-to-earnings ratio of 115.87 and a beta of 1.67. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.14 and a current ratio of 2.14. BlackBerry Limited has a 52-week low of $2.80 and a 52-week high of $5.32.

BlackBerry (NYSE:BB - Get Free Report) last released its earnings results on Thursday, December 18th. The company reported $0.05 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.01. BlackBerry had a net margin of 4.02% and a return on equity of 8.05%. The business had revenue of $141.80 million during the quarter, compared to analysts' expectations of $137.54 million. During the same quarter last year, the company 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. Equities research analysts anticipate that BlackBerry Limited will post -0.03 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on BB. TD Securities upgraded BlackBerry to a "hold" rating in a report on Monday, December 22nd. Weiss Ratings reiterated a "sell (d+)" rating on shares of BlackBerry in a research note on Friday, December 26th. Canaccord Genuity Group restated a "hold" rating and set a $4.60 price target on shares of BlackBerry in a research note on Friday, December 19th. Wall Street Zen downgraded shares of BlackBerry from a "buy" rating to a "hold" rating in a report on Saturday, February 14th. Finally, Zacks Research lowered shares of BlackBerry from a "strong-buy" rating to a "hold" rating in a research note on Monday, November 24th. One analyst has rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, BlackBerry currently has a consensus rating of "Hold" and a consensus price target of $5.10.

BlackBerry Company 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.

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