E Fund Management Co. Ltd. Takes Position in Amazon.com, Inc. $AMZN
MarketBeat
E Fund Management Co. Ltd. has acquired a new position in Amazon.com, Inc. stock, purchasing 277,655 shares valued at approximately $66.2 million, making Amazon 1.5% of its portfolio. This investment comes as institutional investors collectively own 72.2% of Amazon's stock, and analysts maintain a "Moderate Buy" rating with an average price target of $323.26. Despite recent insider stock sales, Amazon's latest earnings exceeded expectations, though the company faces challenges like increased ope
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