Montrusco Bolton Investments Inc. Sells 306,182 Shares of Amazon.com, Inc. $AMZN

Montrusco Bolton Investments Inc. has reduced its stake in Amazon.com, Inc. by 11.4% in the third quarter, selling 306,182 shares and maintaining Amazon as its third-largest holding, valued at $506.9 million. Despite this reduction, analysts generally maintain a “Moderate Buy” rating with a consensus price target of $286.93 for Amazon. The company faces a mix of positive developments, such as a court win against an AI shopping agent and expansion of its Health AI, alongside challenges like significant bond issuance for AI funding and regulatory scrutiny over satellite launches.