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Horizon Invests Heavily in Amazon Amid Growing Institutional Interest

Guavy AI Editorial Team
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AMZN
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Horizon Investment Services LLC made a significant investment in Amazon.com, Inc. (NASDAQ:AMZN) during the second quarter, buying approximately $6.3 million worth of shares.

The firm purchased 26,424 shares of the e-commerce giant's stock, which accounts for 1.8% of Horizon Investment Services LLC's holdings and makes it its 20th biggest position.

This is not an isolated instance, as several other institutional investors and hedge funds have also recently bought Amazon.com shares.

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