52,274 Shares in Amazon.com, Inc. $AMZN Purchased by Saranac Partners Ltd
MarketBeat
Saranac Partners Ltd acquired 52,274 shares of Amazon.com, Inc. (NASDAQ:AMZN) in the second quarter, valued at approximately $12.47 million, making it their second-largest holding. Institutional investors now own 72.2% of Amazon's stock, while analysts maintain a "Moderate Buy" rating with an average target price of $321.19. Despite strong quarterly revenue growth and earnings, Amazon faces risks from planned capital expenditures and regulatory scrutiny in Europe and the US regarding its marketp
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