Amazon Sees Fresh Institutional Investment Amid Earnings-Driven Rally
Sanchez Levi Garrett has purchased a new stake in Amazon.com, Inc. (NASDAQ:AMZN) worth approximately $1,228,000 through its most recent 13F filing with the Securities & Exchange Commission. The investment comprises 5,153 shares of the e-commerce giant's stock.
In addition to Sanchez Levi Garrett, several other institutional investors have made changes to their positions in Amazon.com during the second quarter. Silvant Capital Management LLC acquired a new stake in shares of Amazon.com worth about $60,065,000, while Northstar Financial Companies Inc. bought a position valued at approximately $3,376,000.
Gryphon Financial Partners LLC boosted its stake in Amazon.com by 7.5% during the first quarter and now owns 73,085 shares of the e-commerce giant's stock valued at $15,221,000 after purchasing an additional 5,125 shares during the period.