Shareholders have new confidence in BlackBerry

Shareholders who own BlackBerry stock have now new confidence in the company.

Norges Bank purchased 3,564,034 shares during the fourth quarter and own now 0.67% of BlackBerry, which is valued at approximately $24,556,000.

Also BNP Paribas Arbitrage SA increased their shares by 0.4% in the third quarter and own now 88,468 shares.

Capstone Management increased their shares by 12% in the third quarter and own now 53,323 shares of the software group’s stock valued at $426,000.

The Bank of Montreal added 234,955 share of BlackBerry and own now 5,119,861 shares valued at $40,856,000.

Palo Capital Inc. purchased a new stake during the third quarter valued at $136,000.

Finally, Beech Hill Advisors Inc. boosted its stake in shares of BlackBerry by 50.5% in the third quarter and own now 59,930 shares valued at $478,000.

62.41% of the BlackBerry stock is currently owned by institutional investors and hedge funds.

Source: BlackBerry Stock Owners Have Faith In The Company – UTB Blogs

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