Henson Edgewater Management LLC Buys $10 Million Worth of Amazon.com Shares

Henson Edgewater Management LLC has acquired 40,763 shares of Amazon.com (NASDAQ:AMZN), valued at approximately $10,895,000.

This purchase represents a new position in the e-commerce giant's stock for Henson Edgewater Management LLC, making up about 6.1% of its investment portfolio.

Amazon.com is one of the company's top holdings, ranking third among all its positions. The institutional investor now owns a significant stake in Amazon.com, which has been valued at over $10 million.

This purchase comes as part of a broader trend of large investors buying into Amazon.com. Bank of America Corp DE and Bank of New York Mellon Corp have also acquired new positions in the company's stock during the second quarter.