Roffman Miller Associates Boosts Stake in Amazon.com

Roffman Miller Associates Inc., a financial services company, has increased its stake in Amazon.com, Inc. by 1.4% in the second quarter, according to recent filings with the Securities and Exchange Commission (SEC). The fund's holdings now comprise 3.5% of Roffman Miller Associates' total portfolio, making Amazon its sixth largest position.

The company has purchased an additional 3,917 shares during the quarter, bringing its total holdings in Amazon to 282,279 shares. This is valued at $67.28 million as per the latest SEC filing.

Amazon.com has been a focal point for several analysts and commentators who argue that the company's roughly $200 billion capital expenditure plan through 2026 reflects substantial demand for its AWS computing services, custom chips, and AI capacity. Furthermore, Amazon is reportedly set to receive approximately $2.4 billion in backup-generator orders from Generac in 2027 and 2028, underscoring the scale of its data-center expansion.