Stocks
Paragon Invests Heavily in Amazon Amidst Bullish Sentiment
Paragon Financial Partners Inc., a financial services firm, has invested $1.40 million in Amazon.com's stock during the second quarter of this year. The investment consists of 5,150 shares of Amazon.com, valued at approximately $1,399,000.
This is not Paragon Financial Partners' only significant investment in Amazon; Amazon makes up about 0.7% of the firm's holdings and is its 20th largest holding.
Other investors have also made notable investments in Amazon.com this quarter. Longfellow Investment Management Co. purchased a new position worth $33,000, while MilWealth Group LLC increased its stake by 79% to hold approximately $41,000 worth of shares.