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Amgen Sees Increased Institutional Interest Amid Strong Second Quarter Earnings

Guavy AI Editorial Team
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AMGN
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Amgen Inc. (NASDAQ:AMGN) has seen increased interest from institutional investors in recent quarters, with Old North State Trust LLC purchasing a new position in the company during the second quarter.

The fund bought 2,801 shares of Amgen's stock, valued at approximately $1,014,000.

This is not an isolated instance; several other institutional investors have also increased their holdings in AMGN. Brighton Jones LLC, for example, boosted its stake by 23.5% in the fourth quarter and now owns 27,468 shares worth $7,159,000.

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