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Prospect Hill Management Invests $12.58 Million in Amazon

Guavy AI Editorial Team
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AMZN
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Prospect Hill Management LLC has invested $12.58 million in Amazon.com, Inc. (NASDAQ:AMZN), acquiring 52,793 shares of the e-commerce giant's stock.

The investment represents approximately 4.9% of Prospect Hill Management LLC's holdings, making it its third-largest position.

Other institutional investors have also increased their stakes in Amazon.com, including Red Crane Wealth Management LLC, Robinson Smith Wealth Advisors LLC, and Measured Risk Portfolios Inc., among others.

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