Home Depot Sees Increased Institutional Buying Pressure
Altman Advisors Inc., a notable institutional investor, has acquired a new stake in The Home Depot, Inc. (NYSE:HD) during the second quarter.
The company purchased 4,996 shares of HD's stock, valued at approximately $1,762,000.
This is not an isolated incident; other institutional investors and hedge funds have also been buying up shares of HD in recent quarters.