Boston Common Asset Management LLC grew its stake in Lenovo Group Limited (OTCMKTS:LNVGF – Free Report) by 84.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,221,984 shares of the company’s stock after acquiring an additional 1,934,800 shares during the period. Boston Common Asset Management LLC’s holdings in Lenovo Group were worth $6,268,000 as of its most recent filing with the Securities and Exchange Commission.
Lenovo Group Price Performance
Shares of Lenovo Group stock opened at $1.09 on Thursday. The firm has a 50 day simple moving average of $1.23 and a 200 day simple moving average of $1.36. Lenovo Group Limited has a fifty-two week low of $0.82 and a fifty-two week high of $1.79.
Lenovo Group Profile
Lenovo Group (OTCMKTS:LNVGF) is a multinational technology company that designs, develops, manufactures and markets a broad range of computing and smart devices. Founded in Beijing in 1984 as Legend, the company adopted the Lenovo name in 2004 and has since grown into one of the world’s largest PC vendors. In 2005, Lenovo completed its landmark acquisition of IBM’s personal computer business, significantly expanding its global footprint and product portfolio.
The company’s core business activities include the production of laptops, desktops, workstations and servers, along with complementary products such as tablets, smartphones, electronic storage devices and smart televisions.
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