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Lombard Odier Sells Over 140k Shares of Amazon

Guavy AI Editorial Team
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Lombard Odier Asset Management Europe Ltd has reduced its stake in Amazon.com, Inc. by 59.6% during the first quarter. The company sold 142,841 shares of Amazon's stock, bringing its holdings to 96,983 shares.

The value of Lombard Odier's holdings in Amazon is approximately $20.2 million as of its most recent SEC filing. This represents about 0.1% of the firm's total holdings, making it their 22nd largest position.

Other hedge funds have also made adjustments to their stakes in Amazon. Vanguard Group Inc. increased its position by 1.1% during the first quarter and now owns over 832 billion shares of Amazon's stock.

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