Stocks
Boeing Sees Surge in Institutional Investment Amid Defense Contract Wins
A recent SEC filing reveals that North Star Asset Management Inc. has purchased 19,534 shares of The Boeing Company (NYSE:BA), valued at approximately $4,229,000.
This is not an isolated instance of investment in the company, as multiple other institutional investors have also bought and sold shares of Boeing's stock.
The company's defense business appears to be a key focus for these investors, with its recent F-15 sustainment contract worth up to $131.23 billion through 2037 being seen as a significant win.