C M Bidwell & Associates Ltd. Takes Stake in Amazon.com Stock
C M Bidwell & Associates Ltd., an investment firm, has purchased 3,850 shares of Amazon.com's stock in the second quarter, valued at approximately $918,000. This is not the only recent purchase by the firm; they also bought a new position in Amazon.com's stock.
Other hedge funds have been modifying their holdings of AMZN as well. Auto Owners Insurance Co boosted its holdings in Amazon.com by 27,376.7% in the fourth quarter and now owns 98,448,885 shares of the e-commerce giant's stock valued at $2,272,397,000.
Amazon has been expanding its operations, including its AI-powered deal with Generac, which will deliver backup generators worth approximately $2.4 billion in 2027 and 2028 and potential total payments of up to $8 billion through 2033.