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