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Stock impact report

Trade Alert: Sai Ho At BlackBerry Limited (TSE:BB), Has Just Spent US$53k Buying 5.5% More Shares [Yahoo! Finance News]

BlackBerry Limited (BB) 
Last blackberry limited earnings: 3/31 04:05 pm Check Earnings Report
US:NYSE Investor Relations: us.blackberry.com/company/investors
Whilst it may not be a huge deal, we thought it was good to see that Sai Ho, who is a company insider, recently bought CA$53k worth of stock, for CA$5.31 per share. However, it only increased shares held by 5.5%, and it wasn't a huge purchase by absolute value, either.See our latest analysis for BlackBerryBlackBerry Insider Transactions Over The Last YearIn the last twelve months, the biggest single purchase by an insider was when Chief Revenue Officer Steven Capelli bought CA$499k worth of shares at a price of CA$7.13 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price being CA$5.25). It's very possible they regret the purchase, but it's more likely they are bullish about the company. In our view, the price an insider pays for shares is very important. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price.Ha Show less Read more
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