Amazon Sees Heavy Investment as Earnings Exceed Expectations

Amazon.com, Inc. (NASDAQ:AMZN) has seen significant investment from several hedge funds and institutional investors in the second quarter of this year.

The e-commerce giant reported $5.75 earnings per share for the quarter, beating analysts' consensus estimates by $3.93.

Several other investors have also bought and sold shares of AMZN during the same period, including Northstar Financial Companies Inc., Gryphon Financial Partners LLC, First Citizens Bank & Trust Co., GSA Capital Partners LLP, and Vista Cima Wealth Management LLC.