BlackBerry (BB) CEO Giamatteo John Joseph Sells $226K of Stock
CEO John Giamatteo sold 27,004 shares of BlackBerry on October 9, 2026.
Reviewed by automated data checks against the source filing. How we make and check alerts
Giamatteo John Joseph, CEO & President, Secure Comm. at BlackBerry Limited ($BB), sold 27,004 shares at an average price of $8.36, worth about $225,753.44, on October 9, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $BB is down 9.5% after 1 week and down 9.5% to date (from the $8.91 close on Oct 9, 2026).
BB
BlackBerry Limited
Key Points
- On October 9, 2026, CEO John Giamatteo sold 27,004 shares of BlackBerry Limited at $8.36 each, totaling about $225,753.
- The stock recently traded around $8.12, which is below its target mean price of $9.80, indicating a 17.1% gap.
- BlackBerry has a market cap of around $5.1 billion and reported a revenue of $614 million over the last twelve months.
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Not investment advice. EarningsIQ is not a registered investment adviser, and this automated BlackBerry Limited alert may contain errors. Disclosures
John Giamatteo, the CEO and President of BlackBerry Limited (NYSE: BB), sold 27,004 shares on October 9, 2026, for a total value of approximately $225,753 at a price of $8.36 per share. This sale was not planned, according to the filing.
Inside Giamatteo's Trade
Giamatteo's recent sale is part of a broader pattern of insider trading at BlackBerry. On the same day, Tim Foote, the Chief Financial Officer, also sold 8,441 shares at the same price of $8.36, totaling about $70,567. Additionally, other insiders like Philip Kurtz and Jennifer Armstrong-Owen sold shares on the same day, further indicating increased insider activity.
Other Institutional Activity in BlackBerry
Several other institutional investors have adjusted their positions in BlackBerry recently. Legal & General Group PLC added 3,211,374 shares, bringing its total to 38,079,716 shares worth about $306.9 million. Voya Investment Management LLC also increased its stake by 2,255,851 shares, ending with 27,919,687 shares valued at around $225 million. Meanwhile, T. Rowe Price Investment Management, Inc. grew its holdings by 10,035,622 shares, resulting in a total of 20,071,245 shares worth about $161.8 million.
BlackBerry Limited Stock Down 1.3%
As of October 16, 2026, BlackBerry shares were recently trading around $8.12, which is below the 50-day moving average of $8.39, indicating a 3.2% decrease. The stock is also 40.3% below its 52-week high of $13.59 but sits 160.3% above its 52-week low of $3.12. The mean price target among analysts for BlackBerry is $9.80.
Recent Earnings
BlackBerry reported a trailing twelve-month revenue of $614 million and an earnings per share (EPS) of $0.13. The company has shown a year-over-year revenue growth of 26%. Its next earnings report is expected on December 17, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
Analyst view held steady after the report.
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EPS & revenue
EPS beat estimates by 38.9%. Revenue beat estimates by 10.8%.
- Profit surprise
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Pre-earnings setup
Expectations were about average going in.
- Analyst signal
- Earnings quality
Earnings Call Summary
BlackBerry delivered a strong second quarter with total revenue of $129.6 million, up 3 percent year over year, and all three divisions beat guidance. QNX revenue hit $63.1 million with 15 percent growth and 32 percent EBITDA margin, driven by royalties and new design wins including a mid-eight-figure ADAS deal in China. The company achieved positive cash flow of $3.4 million despite paying $19 million in back taxes, and management noted that the pause in automotive programs appears to be ending with more momentum expected in the second half of the year.
Guidance They raised full-year revenue to between $519 billion and $541 million, up from earlier guidance, driven by strength in QNX and Secure Communications. They expect third quarter revenue between $132 million and $140 million, with the company planning to generate $35 to $40 million in operating cash flow for the full year plus an additional $38 million from a prior sale.
Neutral report. Results and guidance were close to expectations, with limited evidence of a reset either way.
Insider Buying and Selling at BlackBerry Limited
On October 9, 2026, several insiders sold shares of BlackBerry. Tim Foote, the CFO, sold 8,441 shares for about $70,567 at $8.36 each. Philip Kurtz, an officer, sold 6,164 shares at $8.45 each, totaling around $52,086. Jennifer Armstrong-Owen, also an officer, sold 3,379 shares for about $28,248. All these sales were made on the same day and were not planned.
Analysts Set New Price Targets
On October 8, 2026, Amerx initiated coverage on BlackBerry with a Buy rating and a price target of $13.50. Earlier, RBC Capital maintained its Sector Perform rating with a target of $9.00 on September 21, 2026. Canaccord Genuity also maintained a Hold rating with a target of $9.50 on September 25, 2026. The consensus among analysts suggests a target mean price of $9.80 based on seven opinions.
About BlackBerry
BlackBerry Limited provides intelligent software and services to enterprises and governments globally. It operates in three segments: Secure Communications, QNX, and Licensing. The recent insider sales and analyst activity may reflect shifting perceptions about the company's future performance, especially as it approaches its next earnings date.
Bottom Line
Investors should watch for BlackBerry's next earnings report on December 17, 2026, as well as any further insider trading activity. The recent shares sold by executives might indicate their views on the company's stock performance amidst a fluctuating market.
Related Filing Alerts
Source: Giamatteo John Joseph's Form 4 filing on $BB (Oct 9, 2026). Find the original filing: BB Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts