Orca Investment Management Acquires Goldman Sachs Shares Worth Over $1 Million

Orca Investment Management LLC has acquired shares of The Goldman Sachs Group, Inc. (GS) in its most recent 13F filing with the Securities & Exchange Commission.

The company purchased 985 shares valued at approximately $996,000 during the second quarter.

This is not an isolated incident; several institutional investors and hedge funds have also added to or reduced their stakes in GS stock recently. Sky Investment Group LLC boosted its position by 0.9% in the 2nd quarter, while Warren Street Wealth Advisors LLC increased its holdings by 3.9%.

The Goldman Sachs Group reported $20.98 earnings per share for the quarter, beating the consensus estimate of $14.47.