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United Capital Financial Advisors Buys Over $161 Million in Amazon Stock

Guavy AI Editorial Team
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AMZN
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United Capital Financial Advisors LLC has purchased 677,750 shares of Amazon.com's stock in the second quarter, valued at approximately $161.5 million.

This purchase accounts for about 0.9% of United Capital Financial Advisors LLC's holdings, making it the company's 17th largest holding.

Other large investors have also added to or reduced their stakes in Amazon.com during this period.

HSBC has reiterated a 'buy' rating on Amazon.com with a target price of $310.00, while Wedbush boosted its target price from $293.00 to $310.00 and gave the stock an 'outperform' rating.

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