Stocks
Capital Analysts Boosts Stake in IBM by Over 55%
Capital Analysts LLC has increased its stake in International Business Machines Corporation (IBM) by 55.4% during the second quarter, according to a recent SEC filing.
The institutional investor acquired an additional 7,892 shares of IBM's stock, bringing its total holdings to 22,146 shares worth $6,228,000 as of its most recent SEC filing.
This is not an isolated incident, as several other large investors have also recently added to or reduced their stakes in IBM. BlackRock Inc., for instance, bought a new position in IBM's shares during the second quarter valued at approximately $21,586,659,000.