Amazon Sees Increased Institutional Support Amid Earnings Growth
Twin Lakes Capital Management LLC has acquired a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN), purchasing approximately 16,236 shares valued at around $3.87 million during the second quarter.
The institutional investor's stake in Amazon represents about 1.5% of its portfolio, making it the company's 21st largest position.
Several other large investors have also recently bought and sold shares of Amazon.com, including Bard Associates Inc., Longfellow Investment Management Co. LLC, Lifetime Wealth Management P.C., Prudent Man Investment Management Inc., and Strategic Wealth Advisors LLC.