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ABC Arbitrage SA Buys Shares of 5,092 Amazon.com, Inc. $AMZN
ABC Arbitrage SA has acquired a new stake of 5,092 shares in Amazon.com, Inc. valued at approximately $1.118 million during the third quarter. This purchase aligns with generally positive market sentiment and analyst “Moderate Buy” ratings for Amazon, driven by its AI and data-center investments. However, notable insider selling by CEO Andrew Jassy and other executives, totaling around $14.69 million in the last three months, presents a potentially negative signal for investors.