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Central Pacific Sells 10% of Its Amazon Holdings Amid Continued Institutional Buying

Guavy AI Editorial Team
Instruments
AMZN
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A recent filing with the Securities & Exchange Commission revealed that Central Pacific Bank Trust Division trimmed its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 16.0% during the second quarter.

The institutional investor owned 54,007 shares of the e-commerce giant's stock after selling 10,252 shares during the period.

AWS remains a central bullish catalyst for Amazon.com, with accelerating growth and a substantial backlog driving customer demand into 2028.

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