Proficio Capital Partners Acquires Large Stake in Amazon.com

Proficio Capital Partners LLC has acquired 95,828 shares of Amazon.com's stock in its most recent disclosure to the SEC. This represents a new position for the fund and values the investment at approximately $22.8 million.

This acquisition accounts for 0.8% of Proficio Capital Partners' holdings and makes it the company's 25th largest holding.

Several other institutional investors have also recently added to their positions in Amazon.com, including Stonebridge Capital Management Inc., Pure Financial Advisors LLC, Payne Capital Management LLC, Transamerica Financial Advisors LLC, and Sanchez Levi Garrett.

Insiders sold a total of $18.6 million worth of company stock in the last quarter, with some selling 71,589 shares.