Elevatus Wealth Management has boosted its Amazon holdings by 22.8%, now owning 43,056 shares worth around $9.94 million. Despite its "Moderate Buy" rating, Amazon's outlook is mixed due to potential acquisitions and operational issues.

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2026-04-15 05:42:36

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Elevatus Wealth Management has increased its stake in Amazon.com, Inc. ($AMZN) by 22.8%, bringing its total holdings to 43,056 shares valued at approximately $9.94 million. This makes Amazon the firm’s 10th largest holding, representing about 2.7% of its portfolio. Despite a “Moderate Buy” consensus rating among analysts, Amazon faces mixed near-term outlooks due to potential acquisition talks with Globalstar and various operational challenges.

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Amazon.com, Inc. $AMZN Position Raised by Elevatus Welath Management

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