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Blackston Financial Advisory Group LLC Reduces Stock Holdings in Amazon.com, Inc. $AMZN
Blackston Financial Advisory Group LLC significantly cut its Amazon.com (NASDAQ:AMZN) stake by 66.8% in Q3, now holding 4,610 shares valued at approximately $1.01 million. Despite this reduction, Amazon’s revenue beat expectations while EPS slightly missed, and the company maintains a “Moderate Buy” consensus rating with an average target price of $286.93. Insider selling was also noted, with CEO Matthew Garman reducing his stake by about 65%.