Sapient Capital Cuts Stake in Amazon Shares Amid Ongoing Market Volatility
Sapient Capital LLC has sold a significant portion of its stake in Amazon.com (NASDAQ:AMZN) shares, cutting its position by 29.9% in the first quarter.
The company disclosed that it owned 392,387 shares of Amazon's stock after selling 167,392 shares during the quarter. This accounted for approximately 1.2% of Sapient Capital LLC's holdings and made it the e-commerce giant's 11th biggest position.
At the end of the most recent reporting period, Sapient Capital LLC's holdings in Amazon.com were worth $81,711,000.