Rise in BB’s short interest indicates Bearish sentiment

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. BlackBerry Ltd shares valued at $85,139 were sold by Kurtz Philip S. on Jun 24 ’25. At $5.25 per share, Kurtz Philip S. sold 16,217 shares. The insider’s holdings dropped to 57,503 shares worth approximately $0.24 million following the completion of this transaction.

Also, Armstrong-Owen Jennifer sold 29,940 shares, netting a total of over 89,521 in proceeds. Following the sale of shares at $2.99 each, the insider now holds 42,398 shares.

Before that, Foote Tim had sold 5,196 shares from its account. In a trade valued at $15,536, the Chief Financial Officer traded BlackBerry Ltd shares for $2.99 each. Upon closing the transaction, the insider’s holdings decreased to 5,196 shares, worth approximately $0.13 million.

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

On last trading session,, BlackBerry Ltd [NYSE: BB] plunged -2.53% to $4.23. The stock’s lowest price that day was $4.14, but it reached a high of $4.54 in the same session. During the last five days, there has been a drop of approximately -13.14%. Over the course of the year, BlackBerry Ltd shares have jumped approximately 70.56%. 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 4.07, which, if violated, would cause prices to drop to 3.90. In the upper region, resistance lies at 4.47. The next price resistance is at 4.70. RSI (Relative Strength Index) is 49.59 on the 14-day chart, showing neutral technical sentiment.

Is BlackBerry Ltd subject to short interest?

Stocks of BlackBerry Ltd saw a sharp rise in short interest on 2025-06-13 jumping by 0.47 million shares to 35.74 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 35.27 million shares. A jump of 1.33% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 3.27 of the overall float, the days-to-cover ratio (short ratio) jumped to 3.27.

Which companies own the most shares of BlackBerry Ltd (BB)?

In terms of BlackBerry Ltd share price expectations, FactSet research, analysts set an average price target of 4 in the next 12 months, down nearly -7.83% from the previous closing price of $4.34. Analysts anticipate BlackBerry Ltd stock to reach 4.25 by 2025, with the lowest price target being 3.75. In spite of this, 20 analysts ranked BlackBerry Ltd stock as Buy at the end of 2025. On March 31, 2023, TD Securities assigned a price target of “a Hold” to the stock and upgraded coverage with a $4.

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