1,026,996 Shares in BlackBerry Limited $BB Acquired by General American Investors Co. Inc.
Summary
General American Investors Co. Inc. opened a new position in BlackBerry by buying 1,026,996 shares valued at about $3.89 million. Other institutions also increased or started positions, and institutional ownership now stands at 54.48%. BlackBerry’s recent quarterly results beat expectations, and analysts currently rate the stock a Hold on average. The article also notes insider selling and provides a brief company profile for BlackBerry as an enterprise software and cybersecurity vendor.
Classifications
industries
No industries detected
applications
Web and Content Management
AskAI Classifications
Labels
Enterprise Software
Cybersecurity Software
Embedded Software
Linked Companies
BlackBerry Limited
$500M to $1B