Stocks
Amazon Stock Sees Surge in Institutional Investor Support
Westport Asset Management Inc. has recently purchased a new position in Amazon.com, Inc.'s stock, acquiring 3,720 shares valued at approximately $887,000 during the second quarter.
The purchase is part of a broader trend of institutional investors and hedge funds increasing their stakes in Amazon.com's e-commerce giant's stock.
Other notable purchases include Northstar Financial Companies Inc., which acquired a new position worth $3.38 million, and GSA Capital Partners LLP, which purchased a new stake valued at approximately $2.26 million.