Greater Midwest Financial Group LLC Sells 16,901 Shares of Amazon.com, Inc. $AMZN

NodeGuardian · 2026-03-01T10:21:36+00:00

Greater Midwest Financial Group LLC sold 16,901 shares of Amazon, reducing its stake by 33.4%. This follows ongoing insider selling while Amazon invests in AI and data centers. Analysts still rate Amazon as a "Moderate Buy" with a target price of $287.29.

NodeGuardian

2026-03-01 10:21:36

Abstract generation in progress

Greater Midwest Financial Group LLC significantly reduced its stake in Amazon.com, Inc. by selling 16,901 shares, representing a 33.4% cut from its previous holdings. This institutional selling comes amidst continued insider selling by Amazon executives, while the company focuses on major strategic investments in AI and data centers. Despite market concerns over capital expenditure and legal risks, analysts maintain a “Moderate Buy” rating for Amazon with an average target price of $287.29.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.