Front Street Capital Management Inc. Takes Position in Amazon.com, Inc. $AMZN
MarketBeat
Front Street Capital Management Inc. has acquired a new position in Amazon.com, Inc., purchasing 2,273 shares valued at approximately $547,000 during the second quarter. This move is part of broader institutional interest, with hedge funds and institutional investors owning about 72.2% of Amazon's stock. The company recently reported strong quarterly earnings of $5.75 per share, significantly beating estimates, and a 19.6% year-over-year revenue increase to $200.61 billion.
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