Stocks

Amazon Stake Increases Amid Institutional Buying Frenzy

Guavy AI Editorial Team Published August 18, 2026

Instruments

AMZN

CGN Advisors LLC increased its stake in Amazon.com's stock by 10.7% during the second quarter, purchasing an additional 4,119 shares and owning a total of 42,468 shares worth $10,122,000 as of its most recent SEC filing.

This move is part of a larger trend where institutional investors are increasing their holdings in Amazon.com. MilWealth Group LLC, for example, grew its stake by 79.0% during the fourth quarter and now owns 179 shares valued at $41,000. Elkhorn Partners Limited Partnership boosted its holdings by 900.0% in the same period.

The e-commerce giant's stock opened at $262.65 on Monday, with a market cap of $2.83 trillion and a P/E ratio of 21.13. Amazon.com posted quarterly earnings results on Thursday, July 30th, beating estimates with $5.75 earnings per share.

Amazon Stake Increases Amid Institutional Buying Frenzy

Zoomex Expands USDT-Margined Contracts to Top U.S. Equities

Sonic Unveils Four New Seasonal Drinks for Limited Time

Coca-Cola Taps China's Growing Appetite for Localised Products