Blackbaud (BLKB)

• Market cap: $3.03B
• 1 day: -1.20%
• 5 days: 3.51%
• 1 month: 2.16%
• 3 months: -20.54%
• 6 months: -26.84%
• Year to date: -14.03%
• 1 year: -18.39%
• 5 years: 21.51%
• 10 years: 20.68%
• 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

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

• Low target: $65 3% upside
• Avg. target: $71 11% upside
• High target: $76 20% upside

2 analyst ratings

• positive: 0 0%
• neutral: 2 100%
• negative: 0 0%

Stifel Parker Lane 43% 1-year accuracy 21 / 49 met price target	3% upside $65	Hold Maintained	1 May 2025
Baird Rob Oliver 37% 1-year accuracy 14 / 38 met price target	20% upside $76	Neutral Maintained	19 Feb 2025