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Amazon.com Surpasses $162 Million Investment Threshold from Flputnam Investment Management Co.

Guavy AI Editorial Team
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AMZN
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Financial services firm Flputnam Investment Management Co. has invested $162.34 million in Amazon.com, Inc.

The investment was made in the second quarter and consisted of 681,131 shares of Amazon's stock, representing 1.9% of Flputnam's portfolio.

This is not an isolated incident as other institutional investors have also increased their stakes in Amazon, including Vanguard Group Inc., State Street Corp, Geode Capital Management LLC, Norges Bank, and Auto Owners Insurance Co.

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