Goldman Sachs Buys Up
Pure Financial Advisors LLC recently acquired a new position in shares of The Goldman Sachs Group, Inc. (NYSE:GS) during the 2nd quarter, as disclosed in its latest Form 13F filing with the Securities and Exchange Commission.
The fund purchased 1,607 shares of GS stock, valued at approximately $1,625,000.
This is not an isolated case, as several other hedge funds and institutional investors have also bought and sold shares of GS in recent quarters. Audent Global Asset Management LLC increased its stake in the company by 10.1% during the fourth quarter, while Wealthfront Advisers LLC purchased a new position in shares of GS in the 2nd quarter worth approximately $53,720,000.
The Goldman Sachs Group, Inc. has seen significant revenue growth in recent quarters, with a 39.4% increase year-over-year in its latest quarterly earnings report. The company reported $20.98 earnings per share for the quarter, beating the consensus estimate of $14.47 by $6.51.