Fox Hill Wealth Management Boosts Position in Amazon.com, Inc. (NASDAQ:AMZN) – Insider Transactions and Wall Street Analysts Forecast Growth
Are you interested in learning more about the recent activity surrounding Amazon.com, Inc. (NASDAQ:AMZN)? Fox Hill Wealth Management recently increased its position in the e-commerce giant, making it one of their top holdings. Additionally, several other hedge funds and institutional investors have also been buying and selling shares of Amazon.com, showing a strong interest in the company.
In terms of insider transactions, CEO Adam Selipsky and insider Jeffrey P. Bezos have recently sold shares of the company, indicating some movement within the leadership. These transactions can provide valuable insights into the company’s future performance.
Wall Street analysts have also been weighing in on Amazon.com, with many giving the company a “buy” rating and lifting their price targets. This positive sentiment from analysts suggests that there is potential for growth in the company’s stock.
Currently, Amazon.com is trading up 1.2%, with a market cap of $2.08 trillion. The company recently reported strong quarterly earnings, beating analysts’ estimates and showing growth in revenue. With a diverse range of products and services, including electronic devices and media content, Amazon.com continues to be a dominant player in the retail and tech industries.
If you’re interested in staying up to date on Amazon.com and other market news, consider signing up for MarketBeat’s daily email newsletter for the latest updates and analyst ratings. With a consensus rating of “Buy” and a strong target price, Amazon.com is definitely a stock to watch in the coming months.