Kovack Advisors Inc. acquires shares of International Business Machines Co. (NYSE:IBM)

Kovack Advisors Inc. acquires shares of International Business Machines Co. (NYSE:IBM)

Financial firm Kovack Advisors Inc. recently disclosed in a Form 13F filing with the SEC that it had increased its stake in International Business Machines Co. by 31.7% in the first quarter. The firm now owns 8,652 shares of the technology company, up from 6,568 shares previously, with a value of $1,652,000 at the end … Read more

Kovack Advisors Inc. Acquires 3,638 Shares of Cisco Systems, Inc. (NASDAQ:CSCO)

Kovack Advisors Inc. Acquires 3,638 Shares of Cisco Systems, Inc. (NASDAQ:CSCO)

In the first quarter, Kovack Advisors Inc. increased its holdings in Cisco Systems by 15.7%, owning 26,827 shares worth $1,339,000. Other hedge funds and institutional investors have also modified their holdings in Cisco Systems, with Norges Bank buying a new stake worth $2,528,939,000. Analyst ratings for CSCO have been mixed, with a consensus hold rating … Read more