Michael Daniels - BlackBerry Independent Director

BB Stock  CAD 6.42  0.06  0.94%   

Director

Mr. Michael A. Daniels is an Independent Director of BlackBerry Limited. Mr. Daniels has served as a director of the Company since October 2014. Mr. Daniels currently serves on the board of directors of Mercury Systems, Inc. and CACI International Inc. and as Chairman of Two Six Labs, LLC. Mr. Daniels also currently serves as a director of the Northern Virginia Technology Council and the Virginia Chamber of Commerce. He also leads the National Advisory Board of the American Enterprise Institute Center for Internet, Communications and Technology Policy. Mr. Daniels previously held various senior management positions at Science Applications International Corporation from 1986 to 2004. While at SAIC, Mr. Daniels identified and acquired Network Solutions, Inc. and served as Chairman from 1995 until 2000 when the company was acquired by VeriSign, Inc since 2014.
Age 73
Tenure 11 years
Address 2200 University Avenue East, Waterloo, ON, Canada, N2K 0A7
Phone519-888-7465
Webhttps://www.blackberry.com
Daniels was Chairman and CEO of Mobile 365, Inc. from 2005 until the sale of the company to Sybase Inc. in 2006. He then served as a director of Sybase from 2007 to 2010. He has also served as Chairman of GlobalLogic Inc., Invincea, Inc. and the Logistics Management Institute, and as a director of VeriSign, Inc., Apogen Technologies, Inc. and Telcordia Technologies, Inc.

Michael Daniels Latest Insider Activity

Tracking and analyzing the buying and selling activities of Michael Daniels against BlackBerry stock is an integral part of due diligence when investing in BlackBerry. Michael Daniels insider activity provides valuable insight into whether BlackBerry is net buyers or sellers over its current business cycle. Note, BlackBerry insiders must abide by specific rules, including filing SEC forms every time they buy or sell BlackBerry'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

BlackBerry Management Efficiency

The company has return on total asset (ROA) of (0.0215) % which means that it has lost $0.0215 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1768) %, meaning that it generated substantial loss on money invested by shareholders. BlackBerry's management efficiency ratios could be used to measure how well BlackBerry manages its routine affairs as well as how well it operates its assets and liabilities. As of the 1st of February 2025, Return On Tangible Assets is likely to grow to -0.21. In addition to that, Return On Capital Employed is likely to grow to -0.13. At this time, BlackBerry's Other Assets are very stable compared to the past year. As of the 1st of February 2025, Non Currrent Assets Other is likely to grow to about 77.5 M, while Total Assets are likely to drop about 1.5 B.
BlackBerry has accumulated 252 M in total debt with debt to equity ratio (D/E) of 0.4, which is about average as compared to similar companies. BlackBerry has a current ratio of 1.78, which is within standard range for the sector. Debt can assist BlackBerry until it has trouble settling it off, either with new capital or with free cash flow. So, BlackBerry's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like BlackBerry sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for BlackBerry to invest in growth at high rates of return. When we think about BlackBerry's use of debt, we should always consider it together with cash and equity.

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BlackBerry Limited provides intelligent security software and services to enterprises and governments worldwide. BlackBerry Limited was incorporated in 1984 and is headquartered in Waterloo, Canada. BLACKBERRY operates under Computers Phones And Devices classification in Canada and is traded on Toronto Stock Exchange. It employs 3325 people. BlackBerry (BB) is traded on Toronto Exchange in Canada and employs 2,647 people. BlackBerry is listed under Application Software category by Fama And French industry classification.

Management Performance

BlackBerry Leadership Team

Elected by the shareholders, the BlackBerry's board of directors comprises two types of representatives: BlackBerry inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BlackBerry. The board's role is to monitor BlackBerry's management team and ensure that shareholders' interests are well served. BlackBerry's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, BlackBerry's outside directors are responsible for providing unbiased perspectives on the board's policies.
Barbara Stymiest, Independent Director
Lisa Disbrow, Independent Director
John Giamatteo, CEO Director
David Werezak, Vice Marketing
Sai Ho, Executive Vice President - BlackBerry Spark Group Products and Value Added Solutions
Steve Rai, Chief Financial Officer
Mark Wilson, Chief Marketing Officer
John Chen, Executive Chairman of the Board, Chief Executive Officer
Laurie Alsup, Independent Director
Charles Eagan, Chief Officer
John Dimitropoulos, Strategy Development
Michael Daniels, Independent Director
Marjorie Dickman, Chief Government Affairs and Public Policy Officer
Arvind Raman, Chief Officer
Steven Capelli, Chief Financial Officer, Chief Operating Officer
Nita WhiteIvy, Executive Vice President - Human Resources
Philip CFA, Chief Secretary
V Watsa, Lead Independent Director
Wayne Wouters, Independent Director
Mattias Eriksson, President Unit
Jennifer ArmstrongOwen, Senior Officer
Tim Foote, Investor Relations
Thomas Eacobacci, President
Jesse Harold, Acting Officer
Vito Giallorenzo, Senior Solutions
Randall Cook, Chief Legal Officer and Corporate Secretary
May Mitchell, Vice President Global Channel Sales and Field Marketing
Jay Chai, Chief Officer
Richard Lynch, Independent Director
Timothy Dattels, Independent Director

BlackBerry Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is BlackBerry a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with BlackBerry

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BlackBerry position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BlackBerry will appreciate offsetting losses from the drop in the long position's value.

Moving together with BlackBerry Stock

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Moving against BlackBerry Stock

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The ability to find closely correlated positions to BlackBerry could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BlackBerry when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BlackBerry - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BlackBerry to buy it.
The correlation of BlackBerry is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BlackBerry moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BlackBerry moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BlackBerry can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether BlackBerry offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BlackBerry's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Blackberry Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Blackberry Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlackBerry. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in BlackBerry Stock, please use our How to Invest in BlackBerry guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Please note, there is a significant difference between BlackBerry's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackBerry is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackBerry's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.