Backblaze Company Insiders
BLZE Stock | USD 6.05 0.11 1.79% |
Backblaze's insiders are aggressively selling. The analysis of insider sentiment suggests that all Backblaze insiders are, at present, panicking. Backblaze employs about 381 people. The company is managed by 19 executives with a total tenure of roughly 889 years, averaging almost 46.0 years of service per executive, having 20.05 employees per reported executive.
Backblaze's Insider Buying Vs Selling
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Selling | Buying |
Latest Trades
2024-11-26 | Gleb Budman | Disposed 10321 @ 6.42 | View | ||
2024-08-23 | Tina Cessna | Disposed 3894 @ 6.45 | View | ||
2024-08-22 | Francis P Patchel | Disposed 3261 @ 6.22 | View | ||
2024-08-21 | Tina Cessna | Disposed 3095 @ 6.34 | View | ||
2024-08-20 | Francis P Patchel | Disposed 13107 @ 6.55 | View | ||
2024-08-16 | Barbara H Nelson | Disposed 16000 @ 6.79 | View | ||
2024-05-30 | Francis P Patchel | Disposed 10328 @ 6.45 | View | ||
2024-05-23 | Tina Cessna | Disposed 2715 @ 6.64 | View | ||
2024-05-21 | Tina Cessna | Disposed 2212 @ 6.75 | View | ||
2024-03-26 | Tina Cessna | Disposed 20000 @ 9.95 | View | ||
2024-02-26 | Tina Cessna | Disposed 2129 @ 9.84 | View | ||
2024-02-22 | Tina Cessna | Disposed 1485 @ 10.85 | View |
Monitoring Backblaze's insider sentiment can offer insights into its future performance, as insiders often have access to more information about their company's operations, financial health, and upcoming initiatives than the general public. However, it's essential to note that insider trading is regulated by securities laws, and insiders are required to disclose their trades publicly to ensure transparency and prevent unfair advantages based on non-public information.
Backblaze |
Backblaze Management Team Effectiveness
The company has return on total asset (ROA) of (0.2025) % which means that it has lost $0.2025 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.0281) %, meaning that it created substantial loss on money invested by shareholders. Backblaze's management efficiency ratios could be used to measure how well Backblaze manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to -0.66. The current year's Return On Capital Employed is expected to grow to -0.85. At present, Backblaze's Total Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Intangible Assets is expected to grow to about 39.3 M, whereas Net Tangible Assets are forecasted to decline to about 33.2 M.As of February 1, 2025, Common Stock Shares Outstanding is expected to decline to about 34.9 M. The current year's Net Loss is expected to grow to about (44.2 M)
Backblaze Workforce Comparison
Backblaze is rated below average in number of employees category among its peers. The total workforce of Information Technology industry is currently estimated at about 44,822. Backblaze maintains roughly 381 in number of employees contributing less than 1% to equities under Information Technology industry.
Backblaze Profit Margins
The company has Profit Margin (PM) of (0.38) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.37) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.37.Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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Gross Profit Margin | 0.56 | 0.4887 |
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Backblaze Insider Trading History
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Backblaze insiders, such as employees or executives, is commonly permitted as long as it does not rely on Backblaze's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases, Backblaze insiders must file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Buy/Sell Ratio | # Purchases Trades | # Sales Trades | Total Shares Purchased | Total Shares Sold | |
---|---|---|---|---|---|
2024-09-01 | 0.2727 | 3 | 11 | 296,960 | 61,571 |
2024-06-01 | 0.5 | 4 | 8 | 82,416 | 24,523 |
2024-03-01 | 0.2895 | 11 | 38 | 131,142 | 464,452 |
2023-09-01 | 0.25 | 4 | 16 | 6,018,140 | 6,042,108 |
2023-06-01 | 0.1196 | 11 | 92 | 250,844 | 333,145 |
2023-03-01 | 0.0562 | 15 | 267 | 4,047,420 | 4,517,661 |
2022-12-01 | 0.0182 | 6 | 330 | 18,000 | 659,521 |
2022-09-01 | 0.018 | 3 | 167 | 9,000 | 340,340 |
2022-06-01 | 0.0833 | 6 | 72 | 629,264 | 2,393,049 |
2021-12-01 | 0.1429 | 2 | 14 | 18,750 | 14,848,454 |
Backblaze Notable Stakeholders
A Backblaze stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as Backblaze often face trade-offs trying to please all of them. Backblaze's stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting Backblaze's stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.
Damon Uyeda | CoFounder | Profile | |
Nilay Patel | CoFounder Sales | Profile | |
Casey Jones | CoFounder | Profile | |
Brian Wilson | CoFounder | Profile | |
Hang Kwok | CoFounder | Profile | |
Gleb Budman | CEO CoFounder | Profile | |
Anu Patil | Vice Operations | Profile | |
Tina Cessna | Senior Engineering | Profile | |
Tim Nufire | Chief Director | Profile | |
III CFA | Vice Relations | Profile | |
Brian Beach | Chief Officer | Profile | |
Marc Suidan | Chief Officer | Profile | |
Christopher Opat | Senior Operations | Profile | |
David Ngo | Chief Officer | Profile | |
Francis Patchel | Chief Officer | Profile | |
Marc CPA | Chief Officer | Profile | |
Thomas Esq | General Officer | Profile | |
Kevin Gavin | Chief Officer | Profile | |
Robert Fitt | Chief Officer | Profile |
About Backblaze Management Performance
The success or failure of an entity such as Backblaze often depends on how effective the management is. Backblaze management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Backblaze management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Backblaze management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
Last Reported | Projected for Next Year | ||
Return On Tangible Assets | (0.69) | (0.66) | |
Return On Capital Employed | (0.89) | (0.85) | |
Return On Assets | (0.52) | (0.50) | |
Return On Equity | (1.53) | (1.45) |
Please note, the presentation of Backblaze's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Backblaze's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Backblaze's management manipulating its earnings.
Backblaze Workforce Analysis
Traditionally, organizations such as Backblaze use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare Backblaze within its industry.Backblaze Manpower Efficiency
Return on Backblaze Manpower
Revenue Per Employee | 267.8K | |
Revenue Per Executive | 5.4M | |
Net Loss Per Employee | 156.7K | |
Net Loss Per Executive | 3.1M |
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When running Backblaze's price analysis, check to measure Backblaze's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Backblaze is operating at the current time. Most of Backblaze's value examination focuses on studying past and present price action to predict the probability of Backblaze's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Backblaze's price. Additionally, you may evaluate how the addition of Backblaze to your portfolios can decrease your overall portfolio volatility.
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