From MarketBeat:



Blackberry Limited CFO, Steve Rai, sold 12,645 shares of the company on December 21st. The stock was sold at an average price of $3.56 per share. Following the sale, Rai now owns 53,720 shares of the company’s stock. Blackberry has a market capitalization of $2.08 billion, and its stock traded at $3.57 per share on Friday. The company recently reported quarterly earnings, with revenue and earnings per share beating consensus estimates. However, analysts have lowered the target price for the company, with an average rating of “Hold.” Institutional investors have both acquired and reduced stakes in the company. Blackberry is involved in the development of various software solutions for endpoint protection, mobile threat defense and secure communications. Despite the “Hold” rating from analysts, MarketBeat has identified five stocks that are better buys than Blackberry, according to top-rated analysts. If you’re interested in short plays, MarketBeat also provides a report on the top five short plays for January 2024.



Original: Steve Rai Sells 12,645 Shares of BlackBerry Limited (NYSE:BB) Stock