Connor, Clark & Lunn Investment Management Reduces $50M in BlackBerry Limited ($BB)
Key Points
- Connor, Clark & Lunn Investment Management changed its BlackBerry Limited ($BB) stake by 32.42% last quarter, cutting to 8,174,026 shares worth $103.40 million.
- $BB last traded around $12.65.
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Connor, Clark & Lunn Investment Management reduced its position in BlackBerry Limited ($BB) by 32.42% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,174,026 shares of BlackBerry Limited after selling 3,920,828 shares during the quarter. Connor, Clark & Lunn Investment Management's holdings in BlackBerry Limited were worth $103.40 million as of its most recent filing.
BlackBerry Limited Stock Up 55.0%
Shares of BlackBerry Limited ($BB) traded around $12.65 on Saturday, up 55.0% for the day.
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About BlackBerry Limited
BlackBerry Limited provides intelligent software and services to enterprises and governments worldwide. The company operates through three segments: Secure Communications, QNX, and Licensing. The company offers BlackBerry Dynamics, a development platform and secure container for mobile applications; BlackBerry Workspaces a secure Enterprise File Sync and Share (EFSS) solution; BlackBerry Messenger (BBM) Enterprise, an enterprise-grade secure instant messaging solution for messaging, voice, and video; BlackBerry SecuSUITE, a multi-OS voice and text messaging solution; BlackBerry AtHoc, a secure networked critical event management solution; and BlackBerry unified endpoint management (UEM) solutions. It also provides BlackBerry Certicom, a patented elliptic curve cryptography, which provides device security, anti-counterfeiting, and product authentication solutions; BlackBerry Radar offers asset monitoring and telematics solutions for transportation and logistics; and BlackBerry Development Platform, an enterprise-grade toolset. In addition, the company offers enterprise consulting and engineering consulting services. Further, it is involved in patent licensing. The company was formerly known as Research In Motion Limited and changed its name to BlackBerry Limited in July 2013. BlackBerry Limited was incorporated in 1984 and is headquartered in Waterloo, Canada.
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