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Allspring Acquires Ingram Micro Shares Amid Market Shifts

2/17/2025

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Story summary
  • Allspring Global Investments acquired 880,400 shares of Ingram Micro for $17.4 million, representing 0.37% ownership.
  • Analysts rate Ingram Micro as a "Moderate Buy," with price targets between $28 and $33.
  • GameStop's stock surged 8.5% as it explores Bitcoin investments and focuses on cost-cutting under CEO Ryan Cohen.
  • Berkshire Hathaway's portfolio showcases strong companies like Bank of America and Coca-Cola, reflecting value investing principles.
  • TotalEnergies experienced a 54.6% increase in Allspring's holdings, with a market cap of $144.99 billion and a "Moderate Buy" rating.