Wall St futures edge up after monthly gains; more earnings ahead
Philip S. Kurtz, Chief Legal Officer & Corp. Secretary at Blackberry LTD (NASDAQ:BB), sold 44,178 shares of common stock on September 28, 2025, for approximately $218,681. The shares were sold at a price of $4.95.
The sales were related to covering withholding taxes upon the vesting of Restricted Share Units. The price reported was converted from Canadian dollars to U.S. dollars using the Bank of Canada exchange rate on the transaction date. The shares were sold in multiple transactions at prices ranging from $4.95 to $4.96. BlackBerry, currently valued at $2.95 billion, maintains a GOOD financial health score according to InvestingPro metrics, with liquid assets exceeding short-term obligations.
On the same day, Kurtz also exercised options to acquire 52,104 common shares through Performance-Based Restricted Share Units and 26,720 common shares through Restricted Share Units. For deeper insights into insider trading patterns and 14 additional ProTips about BlackBerry’s valuation and growth prospects, visit InvestingPro.
In other recent news, BlackBerry Limited reported its second-quarter earnings for fiscal 2026, surpassing analyst expectations. The company achieved an earnings per share of $0.04, significantly higher than the forecasted $0.01. Additionally, BlackBerry’s revenue reached $129.6 million, exceeding the expected $120.06 million. Following these results, RBC Capital raised its price target for BlackBerry to $4.50 from $4.00, maintaining a Sector Perform rating. The positive earnings report led BlackBerry to raise its fiscal year 2026 guidance. These developments reflect a period of growth and adjustment for the company as it navigates the current fiscal year. Investors and analysts are closely watching BlackBerry’s performance following these updates.
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