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Amazon.com, Inc. $AMZN Shares Bought by Western Wealth Management LLC
Western Wealth Management LLC increased its stake in Amazon.com, Inc. during the third quarter, purchasing an additional 4,058 shares, bringing their total to 147,457 shares valued at $32.38 million. Other institutional investors and hedge funds also adjusted their positions in Amazon, with 72.20% of the stock owned by institutional investors. Wall Street analysts maintain a “Moderate Buy” consensus rating for AMZN with an average target price of $287.29, despite recent insider selling and concerns about high AI capital expenditures.