blackbaud (nasdaq: blkb) is the world’s leading cloud software company powering social good. serving the entire social good community—nonprofits, foundations, corporations, education institutions, healthcare institutions and individual change agents—blackbaud connects and empowers organizations to increase their impact through software, services, expertise, and data intelligence. the blackbaud portfolio is tailored to the unique needs of vertical markets, with solutions for fundraising and crm, marketing, advocacy, peer-to-peer fundraising, corporate social responsibility, school management, ticketing, grantmaking, financial management, payment processing, and analytics. serving the industry for more than three decades, blackbaud is headquartered in charleston, south carolina and has operations in the united states, australia, canada, and the united kingdom.
Company profile
Ticker
BLKB
Exchange
Website
CEO
Michael Gianoni
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Microsoft • Oracle • Mobileye Global Inc - Ordinary Shares • Activision Blizzard • Gen Digital • Vmware • Adobe • Salesforce • BlackBerry • Dayforce ...
SEC CIK
Corporate docs
Subsidiaries
ACN 161 644 328 Pty. Ltd. • BB Real Property Development, LLC • BBHQ1, LLC • BB US-DCL, LLC • BB US-SIS, LLC • Blackbaud Asia, Ltd. • Blackbaud Canada, Inc. • Blackbaud Europe Ltd. • Blackbaud Global Ltd. • Blackbaud Latin America, S.R.L. ...
IRS number
112617163
BLKB stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
23 Apr 24
DEF 14A
Definitive proxy
23 Apr 24
8-K
Regulation FD Disclosure
15 Apr 24
PRE 14A
Preliminary proxy
29 Mar 24
8-A12B/A
Registration of securities on exchange (amended)
18 Mar 24
8-K
Blackbaud Announces Termination of Stockholder Rights Plan
18 Mar 24
8-K
Regulation FD Disclosure
4 Mar 24
8-K
Regulation FD Disclosure
22 Feb 24
10-K
2023 FY
Annual report
21 Feb 24
8-K
Blackbaud Announces 2023 Fourth Quarter and Full Year Results
12 Feb 24
Transcripts
BLKB
Earnings call transcript
2023 Q4
13 Feb 24
BLKB
Earnings call transcript
2023 Q3
1 Nov 23
BLKB
Earnings call transcript
2023 Q2
2 Aug 23
BLKB
Earnings call transcript
2023 Q1
3 May 23
BLKB
Earnings call transcript
2022 Q4
14 Feb 23
BLKB
Earnings call transcript
2022 Q3
2 Nov 22
BLKB
Earnings call transcript
2022 Q2
3 Aug 22
BLKB
Earnings call transcript
2022 Q1
4 May 22
BLKB
Earnings call transcript
2021 Q4
23 Feb 22
BLKB
Earnings call transcript
2021 Q3
6 Nov 21
Latest ownership filings
4
Kevin P. Gregoire
15 Apr 24
4
ANTHONY W BOOR
15 Apr 24
SC 13D/A
CLEARLAKE CAPITAL GROUP, L.P.
15 Apr 24
144
Notice of proposed sale of securities
11 Apr 24
144
Notice of proposed sale of securities
11 Apr 24
4
Michael P Gianoni
11 Mar 24
4
Kevin P. Gregoire
11 Mar 24
4
ANTHONY W BOOR
11 Mar 24
4
Jon W Olson
8 Mar 24
4
Kevin McDearis
8 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 390.69 mm | 390.69 mm | 390.69 mm | 390.69 mm | 390.69 mm | 390.69 mm |
Cash burn (monthly) | 133.21 mm | (no burn) | (no burn) | 2.51 mm | (no burn) | (no burn) |
Cash used (since last report) | 915.89 mm | n/a | n/a | 17.24 mm | n/a | n/a |
Cash remaining | -525.20 mm | n/a | n/a | 373.45 mm | n/a | n/a |
Runway (months of cash) | -3.9 | n/a | n/a | 148.9 | n/a | n/a |
Institutional ownership, Q3 2023
92.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 249 |
Opened positions | 20 |
Closed positions | 24 |
Increased positions | 72 |
Reduced positions | 104 |
13F shares | Current |
---|---|
Total value | 3.45 tn |
Total shares | 49.30 mm |
Total puts | 49.80 k |
Total calls | 10.80 k |
Total put/call ratio | 4.6 |
Largest owners | Shares | Value |
---|---|---|
Clearlake Capital | 9.75 mm | $685.75 bn |
Vanguard | 5.55 mm | $390.34 bn |
BLK Blackrock | 5.37 mm | $377.75 bn |
MS Morgan Stanley | 4.28 mm | $301.01 bn |
JHG Janus Henderson | 2.76 mm | $194.11 bn |
P2 Capital Partners | 1.75 mm | $123.06 bn |
FMR | 1.58 mm | $111.00 bn |
STT State Street | 1.55 mm | $109.07 bn |
Hawk Ridge Capital Management | 1.48 mm | $104.40 bn |
Greenhouse Funds LLLP | 1.24 mm | $86.95 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Apr 24 | Anthony W Boor | Common Stock | Sell | Dispose S | No | Yes | 79.0053 | 6,900 | 545.14 k | 151,368 |
11 Apr 24 | Anthony W Boor | Common Stock | Sell | Dispose S | No | Yes | 79.4842 | 3,100 | 246.40 k | 158,268 |
11 Apr 24 | Kevin P. Gregoire | Common Stock | Sell | Dispose S | No | Yes | 79 | 5,000 | 395.00 k | 128,641 |
11 Mar 24 | Anthony W Boor | Common Stock | Sell | Dispose S | No | Yes | 74 | 429 | 31.75 k | 161,368 |
11 Mar 24 | Gianoni Michael P | Common Stock | Sell | Dispose S | No | Yes | 74.0182 | 5,799 | 429.23 k | 402,060 |
8 Mar 24 | Anthony W Boor | Common Stock | Sell | Dispose S | No | Yes | 74.222 | 4,616 | 342.61 k | 161,797 |
8 Mar 24 | Gianoni Michael P | Common Stock | Sell | Dispose S | No | Yes | 74.21 | 5,255 | 389.97 k | 407,859 |
7 Mar 24 | Kevin P. Gregoire | Common Stock | Sell | Dispose S | No | Yes | 74 | 3,000 | 222.00 k | 133,641 |
7 Mar 24 | Anthony W Boor | Common Stock | Sell | Dispose S | No | Yes | 74.0607 | 4,955 | 366.97 k | 166,413 |
7 Mar 24 | Gianoni Michael P | Common Stock | Sell | Dispose S | No | Yes | 74.0533 | 5,360 | 396.93 k | 413,114 |
News
Blackbaud To Review Unsolicited Proposal From Clearlake Capital Group, To Acquire All Of The Outstanding Shares Of Blackbaud For $80.00 Per Share In Cash
15 Apr 24
Reported Earlier, "Clearlake Renews Pursuit Of Software Firm Blackbaud; Buyout Firm Saw Last Approach Rejected In March 2023; US-Listed Blackbaud Has A Market Value Of About $3.8B" - Bloomberg News
11 Apr 24
Blackbaud Announces Termination Of Stockholder Rights Plan
18 Mar 24
Blackbaud Intends To Repurchase 7%-10% Of Outstanding Shares Under $500m Stock Repurchase Program
4 Mar 24
Why IPG Photonics Shares Are Trading Lower By Around 11%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
13 Feb 24
Press releases
Blackbaud to Transform the Future of Fundraising with Trailblazing Enhancements for Raiser's Edge NXT
18 Apr 24
Blackbaud Announces Date of First Quarter Financial Results
16 Apr 24
Blackbaud to Review Unsolicited Proposal from Clearlake Capital Group
15 Apr 24
Blackbaud Opens Registration for bbcon 2024
9 Apr 24
Blackbaud Institute Shares Spotlight on 2023 Trends in Giving
8 Apr 24