BlackBerry Ltd’s recently made public that its SVP & Chief Accounting Officer Chai Jay P. unloaded Company’s shares for reported $0.1 million on Jan 24 ’25. In the deal valued at $4.19 per share,24,425 shares were sold. As a result of this transaction, Chai Jay P. now holds 0 shares worth roughly $0.0.
Then, ERIKSSON MATTIAS sold 12,680 shares, generating $50,720 in total proceeds. Upon selling the shares at $4.00, the President of IoT now owns 278,306 shares.
Before that, GIAMATTEO JOHN JOSEPH sold 29,402 shares. BlackBerry Ltd shares valued at $117,608 were divested by the CEO & President, Cybersecurity at a price of $4.00 per share. As a result of the transaction, GIAMATTEO JOHN JOSEPH now holds 490,761 shares, worth roughly $2.06 million.
TD Securities upgraded its BlackBerry Ltd [BB] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including CIBC’s analysts, who increased its forecast for the stock in late June from “a Neutral” to “a Sector outperform”. RBC Capital Mkts also remained covering BB and reiterated its “Sector perform” recommendation on December 21, 2023. CIBC revised its rating on May 18, 2023. It rated BB as “a Neutral” which previously was an “a Sector underperform”.
Price Performance Review of BB
On Monday, BlackBerry Ltd [NYSE:BB] saw its stock fall -7.30% to $4.19. Over the last five days, the stock has lost -4.56%. BlackBerry Ltd shares have risen nearly 10.85% since the year began. Nevertheless, the stocks have risen 56.93% over the past one year. While a 52-week high of $6.24 was reached on 02/18/25, a 52-week low of $2.01 was recorded on 01/03/25. SMA at 50 days reached $4.57, while 200 days put it at $3.01.
Levels Of Support And Resistance For BB Stock
The 24-hour chart illustrates a support level at 4.06, which if violated will result in even more drops to 3.93. On the upside, there is a resistance level at 4.34. A further resistance level may holdings at 4.50. The Relative Strength Index (RSI) on the 14-day chart is 39.66, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.49, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.01%. Stochastics %K at 11.16% indicates the stock is a buying.
