Institutional Investors Pile into IBM with $3.88 Million Stake

Coastal Bridge Advisors LLC has invested $3.88 million in International Business Machines Corporation (NYSE:IBM).

The fund acquired 13,802 shares of IBM's stock during the second quarter.

This is not an isolated instance, as several other institutional investors have also made new investments in IBM during the same period.

These investors include Jefferies Financial Group Inc., Public Employees Retirement System of Ohio, MASTERINVEST Kapitalanlage GmbH, Triton Financial Group Inc., and Stonehage Fleming Financial Services Holdings Ltd.