Stocks
Markowski Invests Heavily in Amazon, Insiders Sell Shares
Markowski Investments acquired 33,248 shares of Amazon.com (NASDAQ:AMZN) in its second-quarter filings with the SEC. This new stake is valued at approximately $7.9 million and accounts for about 1.7% of Markowski's investment portfolio.
The institutional investor bought these shares as part of a broader trend, where several other hedge funds and institutions have also added to or reduced their stakes in Amazon.com during the second quarter.
In another development, insiders at Amazon have been selling shares, including SVP David Zapolsky, who sold 9,258 shares on August 24th for $2.4 million, and CEO Matthew Garman, who sold 14,541 shares on August 21st for $3.8 million.