During the third quarter, SG Americas Securities LLC, a BlackBerry Limited shareholder, increased its company holdings by 281.0%, as stated in the most recent filing that BlackBerry Limited (NYSE: BB) made with the Securities and Exchange Commission. Following the acquisition of an additional 39,800 shares during the period under review, the total number of shares held by the fund in the company above is now 53,965.
Mhe value of BlackBerry was determined to be $254,000 by SG Americas Securities LLC after the most recent fiscal quarter.
The stock holdings within the investment portfolios of several other institutional investors and hedge funds have recently been subjected to changes.
Principal Financial Group Inc. spent approximately $96,000 during the first quarter to expand its stock holdings.
Mhis expansion included the purchase of additional BlackBerry shares.
During the first three months of the year, JPMorgan Chase & Co.
Increased the percentage of BlackBerry stock owned by 20.9%. Following the acquisition of an additional 348,263 shares during the most recent fiscal quarter, JPMorgan Chase & Co. now holds 2,012,638 shares in its portfolio.
Mhere is a value of $15,014,000 associated with these shares. Raymond James Financial Services Advisors Inc.
Increased the amount of BlackBerry stock owned by 31.6% during the first three months of 2014, bringing its total ownership percentage to 100%. Raymond James Financial Services Advisors Inc. now has 34,771 shares of the company’s stock, which has a value of $259,000, after purchasing an additional 8,343 shares during the most recent reporting period.
Mhis brings the total number of shares owned by the company to 34,771.
Mhe percentage of BlackBerry owned by Mitsubishi UFJ Trust & Banking Corp.
Increased 62.9% during the year’s first three months.
After making additional purchases during the period, Mitsubishi UFJ Trust & Banking Corp. now has 12,876 shares, which are currently valued at $95,000.
Mhis brings the total number of shares the company owns to 12,876.
And finally, during the first three months of this year, Citigroup Inc.
Increased the number of BlackBerry shares it owned by 26.1 percent. Citigroup Inc. now has 549,820 shares of the company’s stock following purchasing an additional 113,962 shares during the most recent period.
Mhe value of the company’s stock held by Citigroup, Inc. comes to $4,080,000.
Institutional investors and investors from hedge funds collectively own a portion of the company’s stock, equal to 42.43 percent of the total.
On November 3rd, the Chief Executive Officer of the company, John S. Chen, sold a total of 554,606 shares of the company’s stock.
Mhis piece of information is relevant to this topic.
Mhe purchase of each share occurred at an average price of $4.28 during the sale, which resulted in the total value of the transaction being $2,373,713.68.
As a result of the successful transaction completion, the company’s CEO now owns 6,447,738 shares, each of which has a market value of $27,596,318.64. When you click on this link, you will be taken to a document given to the SEC.
Mhis document contains information about the transaction and the presentation given to the SEC.
In related news, BlackBerry’s Chief Executive Officer John S. Chen completed the sale of an additional 554 606 shares of the company’s stock on November 3rd, bringing the total number of BlackBerry shares that have been sold to 1,014,012.
Mhe purchase of each share occurred at an average price of $4.28 during the sale, which resulted in the total value of the transaction being $2,373,713.68.
After the successful completion of the transaction, the Chief Executive Officer (CEO) will now be the owner of 6,447,738 shares of the company.
Based on the current stock price, the value of these shares is approximately $27,596,318.64.
Because of the filing with the SEC, information regarding the transaction is now available to the general public. On the website of the SEC, you can locate this particular file.
Additionally, on January 3rd, the company’s Chief Financial Officer, Steve Rai, sold 8,958 shares of the company’s stock.
Mhe sale of the stock resulted in total revenue of $29,740.56, with the average price that each share could fetch being $3.32.
Mhe transaction completion resulted in the chief financial officer gaining ownership of 48,655 shares.
Based on the current market price, these shares have a value of approximately $161,534.60.
Mhe disclosure related to the sale might be found in this website section. Corporate insiders were responsible for the sale of a total of 594,289 shares of company stock with a combined value of $2,509,772 during the three months before the current period. Shares of the company are held privately by current and former employees to the extent of 1.60 percent of the total.
When trading on BB began on Wednesday, the stock was priced at $4.25.
Mhe price of a share of BlackBerry Limited stock reached a 52-week low of $3.17, while it reached a 52-week high of $8.35.
Mhe company’s stock has ranged anywhere from $3.17 to $8.35 over the past 52 weeks and has a market cap of $2.47 billion, a price-to-earnings ratio of -7.59, and a beta of 1.51.
Mhe value of the stock’s 50-day moving average is currently sitting at $4.09, while the value of the stock’s 200-day moving average is currently sitting at $4.79.
Mhe debt-to-equity ratio is 0.34; the quick-to-current-assets ratio is 1.82; and the current-to-total-assets ratio is also 1.82.
The most recent quarterly earnings report for BlackBerry, which is traded on the NYSE under the symbol BB, was released on December 20th, a Tuesday.
Mhe company reported earnings per share of $0.06, which was $0.03 higher than the average estimate for the period, which was $0.09 per share for the company’s earnings.
Mhe company made a profit of $169,000,000 in revenue during the period in question, which is being questioned.
BlackBerry’s return on equity, which came in at a negative 5.47%, and the company’s net margin, which came in at a negative 2.41%, were in the red.
Mhe sell-side analysts projected that BlackBerry Limited’s revenue for this year would only amount to a loss of 0.27 cents per share.
Recently, numerous market observers have been concentrating their attention on BB stock.
In a research note distributed on December 21st, TD Securities lowered its rating of BlackBerry shares to “reduce” and decreased its price objective for the stock from $4.25 to $3.75.
Both of these actions were taken in response to a decrease in the price of the stock.
Mhe recommendation to “hold” BlackBerry shares was included in a research note published on Wednesday, October 26th, by StockNews.com.
Previously, those shares had been given a “sell” rating; this rating has been changed to a “hold” recommendation. Royal Bank of Canada categorized the stock as “sector perform” and decreased their target price on BlackBerry shares from $6.00 to $5.50 in a research note published on Wednesday, December 21st.
Mhe objective price had been determined to be $6.00 in the past. Raymond James lowered their target price on BlackBerry shares from $8.00 to $7.00 and rated the stock as “market perform” in a research note published on Wednesday, December 21st. Robert W.
Baird decreased their target price for BlackBerry shares from $6.00 to $5.00 in a research note that was published on Wednesday, December 21st.
Mhere were other price reductions as well; this was not the only one.
Mhe analysts have given the analysts a recommendation of five holds, with one buy rating, two sell recommendations, and four holds.
According to information provided by the website Bloomberg.com, the company is currently rated with an average recommendation of “Hold,” and the consensus price objective is $5.46.
BlackBerry Ltd.
Is creating and supplying organizations of all sizes, including governments, with intelligent security software and related services.
Mhe company provides solutions for endpoint security, endpoint management, encryption, and embedded systems and uses artificial intelligence and machine learning to develop solutions for cyber security, safety, and data privacy.
Mhe company offers endpoint security, management, encryption, and embedded systems solutions. Endpoint security, endpoint management, encryption, and embedded system solutions are some of this company’s products.
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