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Amazon Stake Reduced by Hyperion Asset Management

Guavy AI Editorial Team
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AMZN
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Hyperion Asset Management Ltd has adjusted its stake in Amazon.com, Inc. (NASDAQ:AMZN), reducing it by 16.9% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission.

The institutional investor owned 1,227,545 shares of Amazon's stock after selling 250,470 shares during the period.

Amazon makes up approximately 7.8% of Hyperion Asset Management Ltd's holdings, making it their third-largest holding.

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