Stock Traders Buy High Volume of BlackBerry Call Options (NYSE:BB)

03 Jun 2026, 05:51 by Michael Walen · The Markets Daily

BlackBerry Limited (NYSE:BB – Get Free Report) was the recipient of some unusual options trading activity on Tuesday. Traders acquired 126,534 call options on the stock. This represents an increase of 180% compared to the average daily volume of 45,223 call options.

Insider Activity

In other BlackBerry news, CEO John Joseph Giamatteo sold 27,066 shares of the firm’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 completion of the transaction, the chief executive officer directly owned 899,146 shares in the company, valued at approximately $3,200,959.76. This trade represents a 2.92% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed 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 transaction of $106,472.48. Following the transaction, the senior vice president owned 94,903 shares of the company’s stock, valued at $337,854.68. This trade represents a 23.96% 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 73,171 shares of company stock valued at $260,489 over the last 90 days. 0.51% of the stock is currently owned by insiders.

Institutional Investors Weigh In On BlackBerry

Several hedge funds have recently modified their holdings of BB. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of BlackBerry by 1,390.6% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,589,886 shares of the company’s stock worth $71,397,000 after acquiring an additional 14,544,005 shares during the last quarter. First Trust Advisors LP boosted its position in shares of BlackBerry by 34.4% in the fourth quarter. First Trust Advisors LP now owns 24,991,652 shares of the company’s stock worth $94,718,000 after acquiring an additional 6,399,502 shares during the last quarter. Bank of America Corp DE lifted its position in BlackBerry by 183.6% during the second quarter. Bank of America Corp DE now owns 4,604,205 shares of the company’s stock valued at $21,087,000 after buying an additional 2,980,732 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in BlackBerry by 368.6% during the third quarter. Dimensional Fund Advisors LP now owns 3,078,600 shares of the company’s stock valued at $15,027,000 after buying an additional 2,421,578 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its position in BlackBerry by 139.2% during the first quarter. Renaissance Technologies LLC now owns 3,545,543 shares of the company’s stock valued at $11,488,000 after buying an additional 2,063,153 shares in the last quarter. 54.48% of the stock is owned by institutional investors and hedge funds.

BlackBerry Price Performance

BB opened at $9.71 on Tuesday. The company’s 50 day simple moving average is $5.30 and its 200 day simple moving average is $4.33. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.12 and a current ratio of 2.12. BlackBerry has a 1 year low of $3.12 and a 1 year high of $9.84. The stock has a market capitalization of $5.71 billion, a PE ratio of 121.44 and a beta of 2.10.

BlackBerry (NYSE:BB – Get Free Report) last released its earnings results on Thursday, April 9th. The company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.02. BlackBerry had a net margin of 9.69% and a return on equity of 10.09%. The business had revenue of $157.96 million for the quarter, compared to analysts’ expectations of $144.27 million. During the same period last year, the company earned $0.03 earnings per share. The company’s quarterly revenue was up 10.1% on a year-over-year basis. BlackBerry has set its Q1 2027 guidance at 0.020-0.030 EPS and its FY 2027 guidance at 0.150-0.190 EPS. As a group, sell-side analysts expect that BlackBerry will post 0.13 EPS for the current year.

Wall Street Analyst Weigh In

BB has been the subject of several recent research reports. Canaccord Genuity Group dropped their target price on shares of BlackBerry from $4.60 to $4.40 and set a “hold” rating for the company in a report on Friday, April 10th. Wall Street Zen cut shares of BlackBerry from a “buy” rating to a “hold” rating in a research note on Sunday. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $4.50 price target on shares of BlackBerry in a research note on Friday, April 10th. Finally, Weiss Ratings raised shares of BlackBerry from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 20th. One analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $4.88.

View Our Latest Stock Analysis on BB

BlackBerry Company Profile

(Get Free Report)

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.