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Amazon's stock rose after strong Q2 earnings beat expectations, despite insider sales.
Amazon's stock rose on strong Q2 earnings, with EPS of $1.68 beating estimates by $0.37, and revenue of $167.7 billion surpassing expectations.
Institutional investors showed mixed activity, with some increasing stakes while others reduced holdings.
Analysts maintain a "Buy" consensus rating with a target price of $262.87.
Insider sales included CEO Douglas Herrington and former CEO Jeff Bezos, who sold millions in shares.
Amazon operates through North America, International, and AWS segments, offering retail, cloud services, devices, and media.
The company's stock has a market cap of $2.47 trillion and a P/E ratio of 35.28.
Las acciones de Amazon subieron después de que las fuertes ganancias del segundo trimestre superaran las expectativas, a pesar de las ventas internas.