Amgen Attracts New Investor Amid Institutional Buying Spree

G&S Capital LLC has made a new investment in Amgen Inc., purchasing 4,359 shares of the company's stock for approximately $1.58 million during the second quarter.

This is not an isolated incident, as several other large investors have also modified their holdings of AMGN over the past few quarters.

High Note Wealth LLC increased its position in Amgen by 5.8% in the fourth quarter, while TAGStone Capital Inc. lifted its stake in the company by 0.7% during the same period.

Institutional investors and hedge funds own a significant portion of Amgen's stock, with a total ownership percentage of 76.50%.