The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. BlackBerry Ltd shares valued at $89,521 were sold by Armstrong-Owen Jennifer on Apr 04 ’25. At $2.99 per share, Armstrong-Owen Jennifer sold 29,940 shares. The insider’s holdings dropped to 42,398 shares worth approximately $0.16 million following the completion of this transaction.
Also, Foote Tim sold 5,196 shares, netting a total of over 15,536 in proceeds. Following the sale of shares at $2.99 each, the insider now holds 31,120 shares.
Before that, Foote Tim had sold 2,080 shares from its account. In a trade valued at $6,968, the Chief Financial Officer traded BlackBerry Ltd shares for $3.35 each. Upon closing the transaction, the insider’s holdings decreased to 2,080 shares, worth approximately $48835.53.
As published in a research note from TD Securities on December 20, 2024, BlackBerry Ltd [BB] has been rated up from a Hold to a Buy and the price target has been revised to $4. Analysts at CIBC upgraded the stock from ‘”a Neutral”‘ to ‘”a Sector outperform”‘ outlook in a report released in late June. As of December 21, 2023, RBC Capital Mkts has reiterated its “Sector perform” rating for BB. Earlier on May 18, 2023, CIBC upgraded its rating. Their new recommendation was “a Neutral” for BB stock which previously was a “a Sector underperform”.
Analyzing BB Stock Performance
During the last five days, there has been a drop of approximately -0.51%. Over the course of the year, BlackBerry Ltd shares have jumped approximately 2.38%. Shares of the company reached a 52-week high of $6.24 on 02/18/25 and a 52-week low of $2.80 on 04/04/25.
Support And Resistance Levels for BlackBerry Ltd (BB)
According to the 24-hour chart, there is a support level at 3.76, which, if violated, would cause prices to drop to 3.66. In the upper region, resistance lies at 3.94. The next price resistance is at 4.02. RSI (Relative Strength Index) is 58.99 on the 14-day chart, showing neutral technical sentiment.
