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Amazon.com Sees Growing Institutional Support Amidst FTC Lawsuit

Guavy AI Editorial Team
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AMZN
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Patton Albertson Miller Group LLC increased its stake in Amazon.com's stock by 11.2% in the second quarter, according to a recent Form 13F filing with the Securities & Exchange Commission.

The firm now owns 46,233 shares of AMZN, valued at $11,019,000, and represents approximately 1.1% of Patton Albertson Miller Group LLC's investment portfolio.

This is not an isolated move, as other large investors have also been buying up Amazon.com stock in recent quarters.

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