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Amazon.com, Inc. $AMZN is Waycross Partners LLC's 5th Largest Position
Waycross Partners LLC increased its stake in Amazon.com, Inc. by 4.1% in the fourth quarter, making it their fifth largest position. Other institutional investors also raised their holdings, despite significant insider selling totaling nearly $15 million over three months. Amazon faces both positive sentiment from potential acquisition talks with Globalstar for Project Kuiper and various negative sentiments including new surcharges for sellers, an NLRB order to bargain with a union, and geopolitical risks.