BlackBerry (BB) Insider Jennifer Sells $28K of Stock
Jennifer Armstrong-Owen sold 3,379 shares of BlackBerry on October 9, 2026, at a price of $8.36 per share.
Reviewed by automated data checks against the source filing. How we make and check alerts
Armstrong-Owen Jennifer, Sr VP & Chief People Officer at BlackBerry Limited ($BB), sold 3,379 shares at an average price of $8.36, worth about $28,248.44, 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, Jennifer Armstrong-Owen sold 3,379 shares of BlackBerry Limited at $8.36 each, totaling about $28,248.
- The stock recently traded around $8.12, which is below its 50-day moving average of $8.39 but above its 52-week low of $3.12.
- Other insiders, including Tim Foote and Philip Kurtz, also sold shares on the same day, with Foote selling 8,441 shares and Kurtz selling 6,164 shares.
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On October 9, 2026, Jennifer Armstrong-Owen, the Senior Vice President and Chief People Officer of BlackBerry Limited, sold 3,379 shares at a price of $8.36 each. This transaction was valued at approximately $28,248. Armstrong-Owen's sale is part of a pattern of insider trading at the company, with other executives also making trades on the same day.
Tim Foote, the Chief Financial Officer, sold 8,441 shares at the same price of $8.36, totaling about $70,567. Additionally, Philip S. Kurtz, the Chief Legal Officer and Corporate Secretary, sold 6,164 shares at $8.45, which was valued at about $52,086. These transactions highlight ongoing insider activity within BlackBerry.
Other Institutional Activity in BlackBerry
Several other institutional investors have adjusted their positions in BlackBerry. Legal & General Group PLC increased its stake by 3,211,374 shares, ending with 38,079,716 shares worth about $306.9 million. Voya Investment Management LLC added 2,255,851 shares, bringing its total to 27,919,687 shares valued at $225 million. T. Rowe Price Investment Management, Inc. boosted its holdings by 10,035,622 shares, totaling 20,071,245 shares worth about $161.8 million. First Trust Advisors LP increased its position by 2,646,694 shares, ending with 19,147,278 shares valued at $154.3 million. Vanguard Capital Management LLC added 399,545 shares, bringing its total to 17,116,925 shares worth about $138 million.
BlackBerry Limited Stock Down 1.3%
As of October 16, 2026, BlackBerry shares are trading around $8.12, which is below its 50-day moving average of $8.39, and about 40.3% below its 52-week high of $13.59. However, the stock is above its 52-week low of $3.12, indicating a recovery compared to earlier lows. The stock's current price is also about 17.1% below the mean price target of $9.80 set by analysts.
Recent Earnings
BlackBerry reported trailing twelve-month revenue of $614 million and an earnings per share (EPS) of $0.13. The company has shown a revenue growth of 26% year-over-year. The 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 sold 8,441 shares at $8.36 for a total of about $70,567. Philip Kurtz sold 6,164 shares at $8.45, valued at approximately $52,086. These transactions occurred on the same day as Armstrong-Owen's sale.
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, on September 25, 2026, Canaccord Genuity maintained a Hold rating with a target of $9.50. RBC Capital has reiterated its Sector Perform rating with a target of $9.00 multiple times in recent months.
About BlackBerry
BlackBerry Limited provides intelligent software and services to enterprises and governments globally. The company operates through three segments: Secure Communications, QNX, and Licensing. This insider trading activity comes as BlackBerry continues to navigate its position in the competitive technology sector.
Bottom Line
Investors should keep an eye on BlackBerry's upcoming earnings report on December 17, 2026, as well as any further insider transactions. The recent trades by insiders may signal their confidence in the company's future performance.
Related Filing Alerts
Source: Armstrong-Owen Jennifer'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