Amazon.com, Inc. $AMZN Shares Acquired by World Investment Advisors

Market Beat
2026.01.01 14:05
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World Investment Advisors increased its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 5.4% in Q3, owning 299,303 shares valued at $65.7 million. Other institutional investors also bought shares, with 72.20% of the stock held by hedge funds. Insider trading included sales by Director Jonathan Rubinstein and CEO Andrew R. Jassy. Analysts have a consensus "Moderate Buy" rating for AMZN, with price targets ranging from $250 to $300. Positive sentiment surrounds Amazon ahead of earnings, driven by AWS growth and AI monetization potential.