BlackBerry Ltd’s filing revealed that its Sr VP & Chief People Officer Armstrong-Owen Jennifer unloaded Company’s shares for reported $89521.0 on Apr 04 ’25. In the deal valued at $2.99 per share,29,940 shares were sold. As a result of this transaction, Armstrong-Owen Jennifer now holds 42,398 shares worth roughly $0.13 million.
Then, Foote Tim sold 5,196 shares, generating $15,536 in total proceeds. Upon selling the shares at $2.99, the Chief Financial Officer now owns 31,120 shares.
Before that, Foote Tim sold 2,080 shares. BlackBerry Ltd shares valued at $6,968 were divested by the Chief Financial Officer at a price of $3.35 per share. As a result of the transaction, Foote Tim now holds 12,619 shares, worth roughly $40002.229999999996.
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 Tuesday, BlackBerry Ltd [NYSE:BB] saw its stock jump 2.59% to $3.17. Over the last five days, the stock has lost -1.86%. BlackBerry Ltd shares have fallen nearly -16.14% since the year began. Nevertheless, the stocks have risen 13.62% 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 04/04/25. SMA at 50 days reached $4.29, while 200 days put it at $3.18.
Levels Of Support And Resistance For BB Stock
The 24-hour chart illustrates a support level at 3.13, which if violated will result in even more drops to 3.09. On the upside, there is a resistance level at 3.23. A further resistance level may holdings at 3.29. The Relative Strength Index (RSI) on the 14-day chart is 36.58, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.00, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 47.14%. Stochastics %K at 38.77% indicates the stock is a holding.
How much short interest is there in BlackBerry Ltd?
A steep rise in short interest was recorded in BlackBerry Ltd stocks on 2025-03-31, dropping by -4.8 million shares to a total of 32.86 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 37.66 million shares. There was a decline of -14.61%, which implies that there is a negative sentiment for the stock.
