Amazon.com Sees Institutional Support Amid Regulatory Scrutiny

Berry Wealth Group LP has taken a significant stake in Amazon.com, Inc. (NASDAQ:AMZN), purchasing 3,207 shares valued at approximately $764,000 in the second quarter.

This new holding accounts for about 2.5% of Berry Wealth Group LP's holdings and makes it the e-commerce giant's 11th biggest holding.

Other large investors have also made significant purchases and sales of Amazon.com shares, with Auto Owners Insurance Co lifting its position by 27,376.7% in the fourth quarter, and Bank of New York Mellon Corp buying a new stake worth about $16,341,405,000 in the same period.

Amazon.com reported earnings per share (EPS) of $5.75 for the second quarter, beating analysts' estimates by $3.93.