Bennett Selby Investments LP increased its stake in Amazon.com by 2.2% in Q3, now holding 36,376 shares valued at $6.78 million. Other investors like Vanguard and Capital Research also raised their Amazon holdings. Insiders, including Director Jonathan Rubinstein, recently sold shares, with total insider sales amounting to over $10 million in 90 days. Analysts remain optimistic, raising target prices; Loop Capital set a new target of $275. Amazon reported strong Q3 earnings, exceeding expectations with $1.43 EPS and $158.88 billion in revenue. Currently, institutional investors own 72.20% of Amazon’s stock.

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