Amazon's Stock Holdings See Significant Increase from N10 Assets LLC
N10 Assets LLC has acquired a significant number of shares in Amazon.com, Inc., valued at approximately $15.7 million. The company purchased 65,718 shares of Amazon's stock in the second quarter, making it its fourth-largest position within its investment portfolio.
Amazon makes up about 6.8% of N10 Assets LLC's investment portfolio, highlighting the importance of this position for the company. This is not the only recent development involving institutional investors and their holdings in Amazon.com. Trust Asset Management LLC has raised its position in shares of Amazon by 3.3% during the second quarter.
In addition to these developments, there have been some notable insider sales within Amazon. CEO Andrew Jassy sold 20,000 shares of the company's stock on August 21st, while CEO Matthew S. Garman also sold a significant number of shares on the same day.