42 PRIMECAP Management Amazon.com Trades
PRIMECAP Management acquired 5.51 Million Amazon.com shares worth $1.06 Billion. That's 0.85% of their equity portfolio (32nd largest holding). The first Amazon.com trade was made in Q1 2013. Since then PRIMECAP Management bought shares 28 more times and sold shares on thirteen occasions. The stake costed the investor $330 Million, netting the investor a gain of 223% so far.
News about Amazon.com Inc. and PRIMECAP Management
Amazon: Too Risky, Even For Me
In line with my expectations, Amazon's Q1 results beat expectations and the outlook for Q2 disappointed the market, particularly for operating income. Manage...
seekingalpha.com,
5 days
ago
Amazon Confirmed Cloud Computing Growth Is Here To Stay
Amazon reported strong Q1'25 earnings, driven by AWS and advertising services, and may face growth and margin uncertainty throughout the duration of eFY25 du...
seekingalpha.com,
8 days
ago
You do not want to short Magnificent Seven names, strategist says
It's a busy earnings week, as companies with a combined $20 trillion in market capitalization are set to report. JPMorgan Asset Management global market stra...
Even if you are tempted to buy Mag 7, wait until they report results: Portfolio Manager
Tesla (TSLA) is set to report first quarter earnings results on Tuesday after the closing bell on Wall Street. Harvest Portfolio Management chief investment ...