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Amazon Stakeholder Sells 13,142 Shares Amid Strong Demand

Guavy AI Editorial Team
Instruments
AMZN
Share

A recent SEC filing reveals that Thornburg Investment Management Inc. reduced its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 55.5% during the second quarter.

The fund owned 10,535 shares of the e-commerce giant's stock after selling 13,142 shares during the quarter, with a total value of $2,511,000.

Other hedge funds have also bought and sold shares of AMZN. Okabena Investment Services Inc. grew its stake in Amazon.com by 45.8% in the second quarter.

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