MMA Asset Management LLC Boosts Holdings in Amazon.com, Inc. $AMZN

NodeGuardian · 2026-03-01T02:39:21+00:00

MMA Asset Management increased its Amazon stake by 43.6%, totaling 12,127 shares valued at $2.663 million. Despite market concerns, analysts keep a "Moderate Buy" rating, targeting a price of $287.29.

NodeGuardian

2026-03-01 02:39:21

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MMA Asset Management LLC increased its stake in Amazon.com, Inc. by 43.6% in the third quarter of last year, acquiring an additional 3,681 shares to bring its total holdings to 12,127 shares valued at $2.663 million. This increase in institutional ownership comes as Amazon commits significant investments (up to $50 billion in OpenAI, $12 billion in Louisiana data centers) to expand its cloud and AI infrastructure. Despite some insider selling and market concerns about high capital expenditure, analysts maintain a “Moderate Buy” rating with an average price target of $287.29 for AMZN.

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