Perigon Wealth Takes $10.28 Million Position in Goldman Sachs

Perigon Wealth Management LLC has taken a significant position in The Goldman Sachs Group, Inc. (NYSE:GS), acquiring 10,160 shares of the investment management company's stock valued at approximately $10,276,000.

This is not an isolated instance, as other institutional investors have also recently bought and sold shares of the company. Commerzbank Aktiengesellschaft FI purchased a new position in The Goldman Sachs Group in the second quarter valued at about $59,503,000, while Pursue Wealth Partners LLC purchased a new stake in shares of the company during the same period worth about $1,340,000.

The Goldman Sachs Group has seen significant growth, with revenue up 39.4% year-over-year. The company reported $20.98 earnings per share for the quarter, topping analysts' consensus estimates of $14.47 by $6.51.