BlueSpruce Investments LP Cuts Stock Position in Amazon.com, Inc. $AMZN
BlueSpruce Investments LP reduced its position in Amazon.com, Inc. by 19.4% during the second quarter, selling 509,234 shares. The firm's holdings in Amazon.com are now worth $465,144,000. Other investors also modified their holdings. Analysts have given Amazon.com a moderate buy rating with an average target price of $295.43. Amazon.com reported strong quarterly earnings, with revenue up 13.4% year-over-year. CEO Andrew R. Jassy sold 19,872 shares recently.
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