BlackBerry Limited (BB) is down 10.6% today. Here is some analysis on what might have caused this price movement.
Analysis: The most likely driver appears to be profit-taking after a sharp run-up in the stock following BlackBerry’s June 25 fiscal first-quarter 2027 results. There does not appear to be a fresh company filing or major negative corporate announcement tied to today’s drop, so this could be because traders are unwinding momentum positions in a stock that had already rallied hard.
Details:
Sources:
SEC, BlackBerry Investor Relations, Benzinga, Investing.com
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$BB Insider Trading Activity
$BB insiders have traded $BB stock on the open market 19 times in the past 6 months. Of those trades, 0 have been purchases and 19 have been sales.
Here’s a breakdown of recent trading of $BB stock by insiders over the last 6 months:
- JOHN JOSEPH GIAMATTEO (CEO & President, Secure Comm.) has made 0 purchases and 6 sales selling 346,554 shares for an estimated $1,322,062.
- TIM FOOTE (Chief Financial Officer) has made 0 purchases and 7 sales selling 40,275 shares for an estimated $151,597.
- JENNIFER ARMSTRONG-OWEN (Sr VP & Chief People Officer) has made 0 purchases and 3 sales selling 36,023 shares for an estimated $129,080.
- PHILIP S. KURTZ (CLO & Corp. Secretary) has made 0 purchases and 3 sales selling 15,200 shares for an estimated $57,781.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$BB Hedge Fund Activity
We have seen 75 institutional investors add shares of $BB stock to their portfolio, and 95 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FIFTHDELTA LTD added 8,850,571 shares (+50.3%) to their portfolio in Q1 2026, for an estimated $28,675,850
- FIRST TRUST ADVISORS LP removed 8,490,714 shares (-34.0%) from their portfolio in Q1 2026, for an estimated $27,509,913
- MARSHALL WACE, LLP removed 5,814,922 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $18,840,347
- LEGAL & GENERAL GROUP PLC added 4,644,181 shares (+15.4%) to their portfolio in Q1 2026, for an estimated $15,047,146
- CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. removed 3,920,828 shares (-32.4%) from their portfolio in Q1 2026, for an estimated $12,703,482
- JANE STREET GROUP, LLC added 3,605,431 shares (+175.1%) to their portfolio in Q1 2026, for an estimated $11,681,596
- BANK OF AMERICA CORP /DE/ removed 2,723,146 shares (-45.5%) from their portfolio in Q1 2026, for an estimated $8,822,993
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$BB Analyst Ratings
Wall Street analysts have issued reports on $BB in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Stifel issued a "Buy" rating on 06/24/2026
To track analyst ratings and price targets for $BB, check out Quiver Quantitative's $BB forecast page.
$BB Price Targets
Multiple analysts have issued price targets for $BB recently. We have seen 5 analysts offer price targets for $BB in the last 6 months, with a median target of $10.3.
Here are some recent targets:
- Paul Treiber from RBC Capital set a target price of $9.0 on 06/29/2026
- Todd Coupland from CIBC set a target price of $13.0 on 06/26/2026
- Michael Walkley from Canaccord Genuity set a target price of $10.3 on 06/26/2026
- Suthan Sukumar from Stifel set a target price of $12.0 on 06/24/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
