BlackBerry Ltd (BB) gets rating Upgrade from TD Securities

BlackBerry Ltd’s recently made public that its President of IoT ERIKSSON MATTIAS unloaded Company’s shares for reported $24339.0 on Jul 02 ’25. In the deal valued at $4.32 per share,5,634 shares were sold. As a result of this transaction, ERIKSSON MATTIAS now holds 284,963 shares worth roughly $1.15 million.

Then, Armstrong-Owen Jennifer sold 2,506 shares, generating $10,826 in total proceeds. Upon selling the shares at $4.32, the Sr VP & Chief People Officer now owns 46,038 shares.

Before that, GIAMATTEO JOHN JOSEPH sold 26,998 shares. BlackBerry Ltd shares valued at $116,631 were divested by the CEO & President, Cybersecurity at a price of $4.32 per share. As a result of the transaction, GIAMATTEO JOHN JOSEPH now holds 530,135 shares, worth roughly $2.14 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 Friday, BlackBerry Ltd [NYSE:BB] saw its stock fall -1.95% to $4.03. Over the last five days, the stock has lost -7.36%. BlackBerry Ltd shares have risen nearly 66.53% since the year began. Nevertheless, the stocks have risen 6.61% 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.

Levels Of Support And Resistance For BB Stock

The 24-hour chart illustrates a support level at 3.99, which if violated will result in even more drops to 3.95. On the upside, there is a resistance level at 4.10. A further resistance level may holdings at 4.17.

How much short interest is there in BlackBerry Ltd?

A steep rise in short interest was recorded in BlackBerry Ltd stocks on 2025-06-13, growing by 0.47 million shares to a total of 35.74 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 35.27 million shares. There was a rise of 1.33%, which implies that there is a positive sentiment for the stock.

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