Eagle Rock Investment Company LLC Buys 2,709 Shares of Amazon.com, Inc. $AMZN
Eagle Rock Investment Company LLC increased its stake in Amazon.com, Inc. by 4.9% during the third quarter, purchasing an additional 2,709 shares and bringing its total holdings to 57,769 shares worth approximately $14.4 million. This increase occurred despite Amazon's latest quarterly results slightly missing analyst estimates for EPS and revenue, though revenue still grew by 12.1% year over year. Analyst sentiment remains largely positive, with a "Moderate Buy" consensus rating and an average price target of $321.74 for Amazon stock.
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