Compass Capital Management Invests $7,930,000 in Home Depot
Compass Capital Management Inc., a financial institution, has invested in The Home Depot, Inc. ($HD) by purchasing 22,484 shares of its stock in the second quarter.
The value of this investment is approximately $7,930,000 and represents a new stake for Compass Capital Management Inc.
This acquisition is part of a broader trend of institutional investors and hedge funds increasing their stakes in Home Depot's stock.
According to its most recent 13F filing with the Securities and Exchange Commission, Compass Capital Management Inc. purchased these shares at an average price per share that was not specified in the source.