Flavin Financial Services Inc. Takes Position in Amazon.com, Inc. $AMZN
MarketBeat
Flavin Financial Services Inc. recently acquired 6,713 shares of Amazon.com, Inc. valued at approximately $1.6 million, marking a new position in the e-commerce giant. This investment contributes to the 72.2% institutional ownership of Amazon's stock, even as company insiders, including CEOs Douglas Herrington and Andy Jassy, sold shares totaling around $18.6 million under pre-arranged Rule 10b5-1 plans. Analysts maintain a "Moderate Buy" consensus for Amazon, with an average price target of $32
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