Institutional Investors Expand Stakes in Amazon as Analysts Maintain Moderate Buy Rating

Institutional investors continue to establish new stakes in Amazon.com, Inc., bringing total institutional ownership to 72.20%. Brasada Capital Management LP bought 64,191 shares valued at about $15.30 million during the second quarter, while Camarda Financial Advisors LLC acquired 17,062 shares worth approximately $4.07 million. Silvant Capital Management also added a position valued at roughly $60.07 million. The institutional buying follows Amazon's latest quarterly results, where revenue rose 19.6% year-over-year to $200.61 billion and earnings per share reached $5.75, beating expectations of $1.82. Wall Street maintains a consensus Moderate Buy rating with an average target price of $321.19.