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Amazon Stock Purchased by Bellars Harris Wealth Management LLC

Guavy AI Editorial Team
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AMZN
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Bellars Harris Wealth Management LLC has purchased 23,495 shares of Amazon.com, Inc. stock worth approximately $5.6 million in the second quarter.

This is part of a larger trend, with other large investors also modifying their holdings in the e-commerce giant. MilWealth Group LLC boosted its position in Amazon by 79% during the fourth quarter and now owns 179 shares valued at $41,000. Elkhorn Partners Limited Partnership lifted its position in Amazon by 900% during the same period.

Amazon's stock price opened at $256.97 on Wednesday, with a market capitalization of $2.77 trillion and a P/E ratio of 20.67. The company has a debt-to-equity ratio of 0.23 and a current ratio of 1.03.

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