Blackbaud (BLKB)

• Market cap: $3.02B
• 1 day: -5.49%
• 5 days: -3.06%
• 1 month: -2.43%
• 3 months: -21.21%
• 6 months: -18.51%
• Year to date: -17.88%
• 1 year: -22.30%
• 5 years: 9.55%
• 10 years: 19.81%
• Sector: Technology
• Industry: Software - Application

About: Founded in 1981, Blackbaud provides software solutions designed to serve the "social good" community, including nonprofits, foundations, corporations, educational institutions, healthcare institutions, and individual change agents. Through M&A and organic product development efforts, the company has also moved into related areas outside core fundraising, notably into K-12 schools. The firm enables more than $100 billion in donations annually across a customer base in excess of 40,000 customers in over 100 countries.

Employees: 2,600

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

0.5% more ownership

Funds ownership: 92.45% [Q3] → 92.95% (+0.5%) [Q4]

3% less first-time investments, than exits

New positions opened: 35 | Existing positions closed: 36

2% less funds holding

Funds holding: 281 [Q3] → 275 (-6) [Q4]

14% less capital invested

Capital invested by funds: $4.04B [Q3] → $3.49B (-$556M) [Q4]

16% less repeat investments, than reductions

Existing positions increased: 84 | Existing positions reduced: 100

33% less funds holding in top 10

Funds holding in top 10: 3 [Q3] → 2 (-1) [Q4]

36% less call options, than puts

Call options by funds: $849K | Put options by funds: $1.32M

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $76 26% upside
• Avg. target: $76 26% upside
• High target: $76 26% upside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

Baird Rob Oliver 35% 1-year accuracy 14 / 40 met price target

26% upside $76

Neutral Maintained

19 Feb 2025