Sippican Capital Advisors Boosts IBM Stake by Over 760%
Sippican Capital Advisors has significantly increased its investment in International Business Machines Corporation (NYSE:IBM), purchasing an additional 7,984 shares during the second quarter.
The institutional investor now holds a total of 9,023 shares of IBM's stock, representing approximately $2.54 million at the end of the most recent reporting period.
This is not the only notable investment in IBM; other major investors have also increased their stakes in the company.