Blackbaud stock guide
Blackbaud stock (BLKB)
Blackbaud stock is the publicly traded common equity of Blackbaud, Inc., listed on the Nasdaq under the ticker BLKB. This comprehensive guide explains the company and why Blackbaud stock moves, where to find identifiers and market data, how corporate actions (like buybacks) affect shareholder value, and which filings, press releases and data sources investors should consult. Readers will leave with a clear checklist of resources and practical trading considerations for Blackbaud stock and pointers to Bitget services for market access and wallet needs.
Company overview
Blackbaud, Inc. develops cloud software and related services for nonprofits, educational institutions, foundations, healthcare organizations and other social-impact entities. Its product suite typically includes fundraising and donor management, financial and grant management, analytics, constituent engagement and education-focused campus solutions. Blackbaud’s customers often rely on the software to manage donations, track donors and run campaigns — activities that create recurring revenue and customer relationships that matter for valuation.
Investor interest in Blackbaud stock stems from the company’s recurring-revenue business model, addressable market in the nonprofit and education verticals, and the potential for operational leverage as the company moves clients to cloud-based subscriptions. Operating performance — i.e., revenue growth, subscription retention (net dollar retention), and margins — is central to how investors value Blackbaud stock because these metrics drive cash flow and earnings per share (EPS).
Blackbaud’s market positioning also creates sector-specific risk and opportunity. A large portion of revenue comes from mission-driven organizations with constrained budgets; in some periods that can limit growth, while strong product-led outcomes (higher retention, upsells) can support premium multiples compared with one-time software sales.
Stock identifiers and trading information
- Ticker symbol: BLKB — the primary trading symbol for Blackbaud stock.
- Exchange: Nasdaq — BLKB is listed on the Nasdaq exchange and trades during Nasdaq market hours.
- Share class: Common stock (public, vote-bearing shares typically held by investors).
- ISIN / FIGI: Corporate securities carry global identifiers (ISIN and FIGI). For definitive ISIN/FIGI values, consult the company’s transfer agent, the investor relations site or major market data providers.
- Trading hours and delays: The Nasdaq regular session operates during U.S. market hours (normal pre-market and after-hours sessions also exist). Real-time quotes are available through many brokerage platforms; public web services often display delayed quotes (typically 15–20 minutes delayed) unless a real-time subscription is provided.
Where to find real-time or delayed market data for Blackbaud stock:
- Company investor relations pages often provide a real-time or streaming quote and an official chart.
- Major financial data providers present charts, historical data and consensus metrics (e.g., Yahoo Finance, MarketWatch, TradingView). Brokerage platforms display live quotes to account holders.
Note on market data: free public pages may be delayed; for trading decisions, traders typically use brokerage feeds, trading platforms or licensed market data services that deliver real-time pricing.
Historical stock performance
Blackbaud stock has exhibited multi-year moves driven by operating performance, strategic announcements and episodic events. Over long time horizons, BLKB performance reflects the interplay between subscription revenue growth, margin expansion or contraction, and external shocks tied to operations or reputation.
Typical volatility behavior
- As a mid-cap software company serving niche markets, Blackbaud stock historically shows moderate volatility relative to large-cap technology names. Company-specific news (earnings surprises, product wins, legal or security incidents) tends to create outsized intraday and multi-day moves.
- Periods of accelerated share-price movement often align with discrete catalysts such as activist investor activity, takeover interest, large share purchases by institutions, or material operational incidents.
Notable long‑term and recent trends
- Over multi-year spans, the stock’s direction has tied to the company’s migration to cloud subscription models and the degree to which subscription metrics and margin profiles met or missed expectations.
- Shorter-term swings often follow quarterly earnings, guidance updates, and market reaction to sector-wide conditions (e.g., interest rate shifts affecting software multiples).
Notable price events
Several discrete events have historically driven material moves in Blackbaud stock. Below are categories and examples of those catalysts.
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Reported takeover interest and large-stake activity. As an illustrative example, takeover interest and reported large stakes have been cited in market coverage as moving sentiment and price in 2023. These kinds of developments can cause rapid re-pricing as investors reassess a control premium or strategic alternatives. As of October 2023, according to several financial news reports, takeover discussions and reported stake-building by private equity-linked parties were noted as catalysts (source reporting varied by outlet). Readers should consult primary filings (Schedule 13D/G, 8‑K) for confirmed details.
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Data security and reputational incidents. Blackbaud disclosed a ransomware and data-security incident in 2020 that affected customer data and led to litigation and regulatory scrutiny. As of May 2020, according to the company’s regulatory disclosures, the incident and ensuing developments materially affected sentiment and created legal and remediation costs that impacted the stock.
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Earnings beats and misses. Regularly, Blackbaud stock responds to quarterly results and guidance. Material earnings beats with upward guidance have generated rallies; conversely, misses or reduced guidance have triggered sell-offs.
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Corporate actions such as buyback authorizations, larger-than-expected repurchase execution, or secondary offerings. Announcements of repurchase programs or meaningful repurchase activity have historically been viewed as shareholder-friendly and can support EPS and share price under certain market conditions.
Note: the events above are representative categories; readers should verify the timeline and details in company 8‑K filings and press releases to confirm exact dates and reported facts.
Financial metrics and market data
Investors evaluating Blackbaud stock look at a set of standard financial and market metrics. These metrics help gauge valuation, growth, liquidity and profitability.
Key metrics and why they matter
- Market capitalization: reflects the market value of equity and is a shorthand for company size compared with peers.
- Revenue and revenue growth: indicate top-line health and market traction. For Blackbaud stock, subscription revenue and recurring revenue growth rates matter most.
- EPS (GAAP and adjusted): earnings per share capture profitability on a per-share basis and are directly affected by share count and buybacks.
- P/E ratio: price-to-earnings gives a multiple-based valuation, but for growth companies investors may prefer forward P/E or enterprise‑value multiples.
- Price-to-sales (P/S): useful when earnings are volatile; P/S compares enterprise value or market cap to revenue.
- Enterprise value (EV): includes debt and cash adjustments; EV/Revenue and EV/EBITDA are common valuation comparators.
- Float and shares outstanding: float indicates shares available to public investors and can influence volatility and short squeezes.
- Average daily volume (ADV): measures liquidity and how easily positions can be entered/exited.
- Free cash flow (FCF) and adjusted operating metrics (e.g., adjusted EBITDA): help assess sustainable cash generation.
Where to find updated figures
- SEC filings (10‑K for annuals; 10‑Q and 8‑K for quarterly and material events) — authoritative and required disclosures.
- Company investor relations site — consolidated investor materials, earnings slides and press releases.
- Financial data providers such as Yahoo Finance, MarketWatch and TradingView — convenient snapshot of market cap, volume, valuation multiples and historical charts.
- Brokerage platforms — up-to-date market metrics inside trading interfaces.
Corporate actions affecting the stock
Corporate actions that change share count or investor returns are important to monitor because they directly affect EPS, ownership percentages and market liquidity.
Common corporate actions and their effects
- Dividends: regular cash dividends directly return capital to shareholders. Blackbaud’s dividend policy historically has not been the primary return-of-capital mechanism; investors should check the company’s investor communications for any declared dividends.
- Share repurchase programs (buybacks): repurchases reduce float and shares outstanding when executed, which can increase EPS all else equal and signal management’s view on capital allocation.
- Stock splits: change the nominal share count and price per share, without altering ownership percentages or market cap.
- Secondary offerings: issuing new shares can dilute existing shareholders and typically occurs for capital raising or enabling strategic ownership changes.
How these actions affect Blackbaud stock
- Repurchases and buybacks tend to tighten float and lift EPS if executed consistently. Conversely, secondary offerings expand the share base and can be dilutive. Dividend declarations can alter investor segments attracted to the stock (income vs. growth investors) and may reflect confidence in cash flows.
Share repurchase programs
Companies typically announce authorization limits when providing a repurchase program. Typical disclosures include the authorized dollar amount or number of shares and the expiration date (if any). Repurchases may be executed in open market transactions, accelerated share repurchase programs (ASR), or private transactions. The company reports execution details in quarterly filings or 10‑Qs and 8‑Ks.
Blackbaud stock repurchase considerations
- Disclosure: Blackbaud communicates repurchase authorizations and reauthorizations through press releases and SEC filings. Investors should check the investor relations page or current reports to confirm program size, remaining authorization and execution pace.
- Execution method: Repurchases can be small and steady in open market purchases or larger via negotiated transactions. Execution choices influence how quickly float is reduced.
- Accounting and EPS effect: When shares are repurchased, the reduced share count can boost EPS, all else equal. Investors should separate the operating earnings drivers from the mechanical EPS lift due to buybacks.
Recent notable repurchase announcements (example guidance)
- For specifics on recent repurchase authorizations or reauthorizations, see the company’s press releases and 8‑K filings. The company typically discloses the aggregate amount authorized and any reauthorization that board approval confers.
Governance, management and insider activity
Leadership stability and insider actions are informational signals for investors. Changes in CEO/CFO roles, board composition, and key executive appointments are monitored closely for strategic direction, operational competence and governance quality.
Insider trades and how investors interpret them
- Insider purchases by executives and directors are often interpreted positively because they signal personal conviction in the company’s prospects.
- Significant insider sales can be neutral (for diversification or personal reasons) or create concern if timed around negative disclosures.
- All insiders must report certain transactions (Forms 3, 4 and 5) to the SEC; those filings are public and tracked by data services.
Monitoring governance for Blackbaud stock
- Watch for proxy statements, board changes and executive succession planning. Material changes in leadership or governance, or filings related to executive compensation, can move sentiment.
- Press coverage and investor presentations often summarize management’s long-term strategy, which influences how investors position in Blackbaud stock.
Analyst coverage and investor sentiment
Sell‑side analysts cover mid‑cap software companies like Blackbaud, publishing ratings (buy/hold/sell), price targets and fundamental research notes. Analyst activity contributes to investor sentiment, but markets price based on a combination of fundamentals, flow, and event risk.
How analyst coverage affects Blackbaud stock
- Consensus ratings and price targets provide a market benchmark. Upgrades or downgrades often result in intraday moves, especially if accompanied by new financial projections.
- Earnings-period revisions: Analysts typically update models around quarterly reports. Upward revisions tied to better-than-expected subscription trends can lift Blackbaud stock; downward revisions can weigh on the price.
Where to see analyst data
- Financial news portals and data vendors publish consensus ratings and recent analyst notes. For the definitive point-of-record, check the issuing research houses’ publications and company-hosted conference call transcripts for analyst questions and commentary.
Ownership and shareholder structure
Ownership composition provides insight into who holds Blackbaud stock and potential sources of activism or liquidity.
Key ownership metrics
- Institutional ownership: the share of outstanding stock held by institutional investors (mutual funds, pensions, hedge funds). High institutional ownership can support stable, research-driven ownership, but can also mean larger blocks trade infrequently.
- Activist investor involvement: activist investors can push for operational changes, strategic reviews, or sale processes; their involvement often drives share-price re-rating.
- Float vs. shares outstanding: float is shares available for public trading and excludes restricted shares held by insiders or affiliates.
- Short interest: the share of float sold short is an indicator of bearish sentiment and a potential source of volatility if a short-covering squeeze occurs.
Monitoring ownership for Blackbaud stock
- Filings such as Schedule 13D/G and 13F (institutional holdings) provide official detail on large holdings and activist stakes. Short interest is reported periodically and available from exchanges and data vendors.
Earnings, guidance and financial reporting
Earnings cadence and reporting standards
- Blackbaud generally reports quarterly results, with an annual 10‑K covering the full fiscal year and 10‑Q filings for quarterly updates. Material events are disclosed via 8‑K filings.
- Analysts and investors follow subscription metrics, revenue growth, gross margin, operating margin, adjusted EBITDA, EPS and free cash flow.
How earnings and guidance affect Blackbaud stock
- Quarterly results that beat revenue and EPS expectations or that raise forward guidance typically lead to positive price moves.
- Conversely, lowered guidance or missed targets often result in negative reactions. Guidance changes are particularly influential when they reflect a shift in expected subscription retention or sales pipeline strength.
Where to find reports
- Primary source: the company’s filings on the SEC EDGAR system and the investor relations page (earnings releases, slide decks and replay audio/video).
Major risks and events that have influenced the stock
Investors in Blackbaud stock should be aware of operational, market and reputational risks that can affect valuation.
Operational and market risks
- Customer concentration and sector sensitivity: dependence on nonprofit and education budgets exposes the company to sector-specific budget cycles and funding constraints.
- Integration risk: if Blackbaud pursues acquisitions, integration risk can weigh on near-term operations and distract management.
- Macroeconomic sensitivity: software multiples can contract in higher interest rate environments, affecting valuation even when fundamentals are stable.
Reputational and discrete-event risks
- Data security incidents: given Blackbaud’s role in storing donor and constituent data, breaches or ransomware incidents can create legal liabilities, remediation costs, and client churn. As of May 2020, the company publicly disclosed a ransomware event that affected customer data and prompted regulatory and remediation activity per company filings.
- Litigation and regulatory risk: post-incident legal and regulatory scrutiny may result in settlements or consent decrees that impact financials and reputation.
How these risks translate into investor risk
- News-driven volatility: reputational incidents often produce sharp, immediate declines in Blackbaud stock, while long-term recovery depends on remediation, governance responses and customer retention.
- Valuation impact: persistent operational issues or higher-than-expected remediation costs affect cash flows and therefore valuation multiples applied to Blackbaud stock.
Trading considerations and liquidity
Practical trading items to evaluate for Blackbaud stock
- Average daily volume: a measure of liquidity; low ADV can increase bid/ask spreads and slippage for larger orders.
- Bid/ask spreads: narrower spreads improve execution quality; spreads can widen during earnings or news events.
- Options availability: options can provide ways to express directional views or hedge positions; check your brokerage for available strikes and expiries for BLKB options.
- Trading platforms: retail and institutional traders access BLKB through brokerage platforms and trading portals. For users seeking Web3 wallet support and integrated spot derivatives, Bitget services may offer alternative market access and custody products.
Order types and execution
- For investors with large orders, limit orders and execution algorithms can reduce market impact. Retail investors should be mindful of after-hours liquidity and wider spreads.
Recent news and developments (timeline)
Below is a template-style timeline structure to document recent material news items that have affected Blackbaud stock. For each item, consult the primary source listed.
- [Most recent date] — Earnings release: Quarterly results and management commentary (see company press release and 8‑K).
- [Recent date] — Repurchase program announcement or reauthorization (see company press release and 8‑K).
- [Recent date] — Reported large stake or takeover interest: media reports and any resulting Schedule 13D/G filings.
- [Recent date] — Executive change: CEO/CFO appointment or departure (see press release and 8‑K).
- [Recent date] — Material security or legal development: data incident updates, litigation settlements or regulatory notices (see company 8‑K and legal filings).
As an example of the type of dated reporting investors should consult: as of May 20, 2020, according to the company’s regulatory disclosures, Blackbaud reported a ransomware and data-security incident that affected certain customer data and led to ongoing remediation and legal matters. For takeover- or stake-related developments, media coverage in 2023 discussed reported interest from private-equity-linked parties and stake-building activity; investors should consult Schedule 13D/G filings and 8‑Ks for definitive confirmation and dates.
For each timeline entry, readers should consult the cited primary sources (press release, 8‑K, Schedule 13D/G) for the authoritative record.
Regulatory filings and investor resources
Primary documents and authoritative resources investors should consult for Blackbaud stock include:
- SEC filings: 10‑K (annual), 10‑Q (quarterly), 8‑K (material events), proxy statements (DEF 14A) and Forms 3/4/5 for insider transactions; Schedule 13D/G for activist or large-stake disclosures.
- Company investor relations site: official presentations, press releases, earnings replays and governance documents.
- Market data providers and news services: for quotes, historical data, analyst coverage and news summaries (examples include major financial portals and data vendors).
Note: do not rely solely on secondary media; primary SEC filings and company press releases are the authoritative sources for material facts about Blackbaud stock.
See also
- Nasdaq market structure and trading hours
- Equity repurchase programs and corporate buybacks
- Sell‑side analyst coverage and ratings methodology
- Nonprofit technology sector and software-as-a-service (SaaS) valuation metrics
- Investor relations best practices and SEC disclosure requirements
References
This article is intended to rely on primary filings and reputable financial reporting. Key source types and examples to consult when researching Blackbaud stock include:
- Blackbaud SEC filings (10‑K, 10‑Q, 8‑K, DEF 14A, Forms 3/4/5)
- Company press releases and investor presentations on the investor relations page
- Financial news coverage and data provider pages (market data providers, major financial news outlets)
Specific dated examples cited in narrative form above include:
- As of May 20, 2020, according to the company’s regulatory disclosures, Blackbaud disclosed a ransomware/data-security incident and associated remediation efforts (see company 8‑K and related filings for details).
- As of October 2023, various financial news reports referenced reported takeover interest and stake-building activity; investors should verify via Schedule 13D/G filings and company 8‑Ks for official confirmation.
All factual items such as share counts, repurchase program sizes, market capitalization and trading volumes should be verified in the latest SEC filings and consolidated data providers before making any trading decisions.
External links
(For convenience, consult these resource names — do not rely on a single source. Use company filings for authoritative facts.)
- Blackbaud Investor Relations (official company page)
- SEC EDGAR — Blackbaud, Inc. filings (search by company name or ticker BLKB)
- Market data providers and major financial portals for charts, analyst consensus and real-time/delayed quotes
Further reading and direct document links are accessible through the company investor relations page and SEC EDGAR search by company name or ticker.
Further exploration and next steps
If you want to track Blackbaud stock closely:
- Start with the company’s investor relations page and the latest 10‑Q/10‑K for authoritative numbers.
- Monitor Schedule 13D/G and insider Form 4 filings for stake-building or meaningful insider transactions.
- For trading access and wallet needs, consider Bitget’s trading platform and Bitget Wallet for custody and integrated services.
This article focused solely on BLKB as a publicly traded security and relied on primary filings and reputable financial reporting for the types of events and metrics described. For live trading and execution, consult your brokerage or the Bitget platform and verify all figures against the latest company filings and market data.
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