Amazon Shares Boosted by Fagan Associates

Institutional investor increases stake in e-commerce giant

Mar. 17, 2026 at 3:08pm

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Fagan Associates Inc. increased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 2.6% in the 3rd quarter, according to a recent report. The institutional investor now owns 102,394 shares of the e-commerce company's stock, valued at $22,483,000.

Why it matters

Amazon is one of the most widely held and influential tech stocks, so changes in major institutional investors' positions can provide insights into market sentiment and expectations around the company's performance.

The details

Fagan Associates, an investment management firm, boosted its Amazon holdings by adding 2,624 additional shares in the third quarter. This increased the firm's total stake in Amazon to over 102,000 shares, making it one of the company's larger institutional investors.

  • Fagan Associates increased its Amazon holdings in the 3rd quarter of 2026.

The players

Fagan Associates Inc.

An institutional investment management firm that owns a sizable stake in Amazon.com, Inc.

Amazon.com, Inc.

The e-commerce giant and technology conglomerate, headquartered in Seattle, Washington.

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The takeaway

The increase in Fagan Associates' Amazon holdings suggests the firm remains bullish on the company's long-term prospects, even as the stock has faced some recent volatility. This is a positive signal for Amazon investors.