S&CO Inc. Invests Heavily in IBM with $4.72 Million Stake
S&CO Inc., a financial institution, recently invested $4.72 million in International Business Machines Corporation (IBM), acquiring 16,788 shares of its stock.
This investment was disclosed through a Securities & Exchange Commission filing and marks the latest move by institutional investors to take positions in IBM.
S&CO Inc.'s stake is valued at approximately $4.72 million, and this acquisition brings the total number of shareholders holding IBM stock to 58.96%.