Amazon Shareholders See Big Moves from Key Institutional Investors
Catalyst Capital Advisors LLC significantly increased its investment in Amazon.com, Inc. (NASDAQ:AMZN), purchasing an additional 8,567 shares during the second quarter. This brought Catalyst's total holdings to 10,022 shares, valued at $2,389,000.
Several other institutional investors also boosted their positions in AMZN during the same period. RiverPark Advisors LLC increased its stake by 6.8%, while Provenance Wealth Advisors LLC raised its holdings by 11.1%. Munich Reinsurance Co Stock Corp in Munich saw an 8.3% increase, and Mizuho Markets Americas LLC boosted its position by 63.3%.
Insider transactions also made headlines, with SVP David Zapolsky selling 9,258 shares on August 24th at an average price of $259.77, resulting in a total transaction value of $2,404,950.66.