Amazon Insider Share Sales While Funds Increase Holdings
Several funds increased their Amazon.com holdings during the quarter, including a 79% lift by MilWealth Group. Other investors also added shares, while insiders sold 6,741 shares worth about $1.77M; CEO Douglas J. Herrington sold 3,741 shares. Analyst coverage was largely positive, with multiple Buy ratings and raised price targets, including $325 and $335.