Asset Dedication LLC Sells 8,784 Shares of Amazon.com, Inc. $AMZN

Key Points

• Asset Dedication LLC cut its Amazon stake by 19% in the first quarter, selling 8,784 shares and retaining 37,337 shares valued at approximately $7.8 million.
• Amazon remains strongly favored by analysts, with a consensus “Moderate Buy” rating and an average price target of $322.56; most recent targets range from $310 to $333.
• Amazon reported quarterly earnings of $5.75 per share and revenue of $200.61 billion, surpassing estimates, while revenue increased 19.6% year over year.

Asset Dedication LLC decreased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 19.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 37,337 shares of the e-commerce giant's stock after selling 8,784 shares during the quarter. Amazon.com comprises about 0.5% of Asset Dedication LLC's investment portfolio, making the stock its 26th biggest holding. Asset Dedication LLC's holdings in Amazon.com were worth $7,776,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Henshaw Capital LLC raised its stake in Amazon.com by 4.5% during the 1st quarter. Henshaw Capital LLC now owns 337,674 shares of the e-commerce giant's stock valued at $70,327,000 after buying an additional 14,500 shares during the last quarter. Cozad Asset Management Inc. grew its holdings in shares of Amazon.com by 3.1% in the first quarter. Cozad Asset Management Inc. now owns 102,321 shares of the e-commerce giant's stock worth $21,310,000 after acquiring an additional 3,075 shares during the period. Lavelle Capital LP bought a new stake in shares of Amazon.com in the first quarter worth $355,000. Maripau Wealth Management LLC increased its position in Amazon.com by 23.6% during the first quarter. Maripau Wealth Management LLC now owns 12,761 shares of the e-commerce giant's stock valued at $2,658,000 after acquiring an additional 2,434 shares during the last quarter. Finally, Allen Capital Group LLC lifted its holdings in Amazon.com by 8.9% in the first quarter. Allen Capital Group LLC now owns 52,359 shares of the e-commerce giant's stock valued at $10,905,000 after acquiring an additional 4,261 shares during the period. Hedge funds and other institutional investors own 72.20% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. DZ Bank raised their target price on Amazon.com from $295.00 to $320.00 and gave the stock a "buy" rating in a research report on Monday, May 4th. Evercore reaffirmed an "outperform" rating on shares of Amazon.com in a research report on Tuesday, July 28th. Roth Capital reiterated a "buy" rating and issued a $325.00 price objective on shares of Amazon.com in a research note on Monday, August 3rd. Arete Research raised their price objective on shares of Amazon.com from $301.00 to $310.00 and gave the stock a "buy" rating in a report on Monday, May 18th. Finally, Pivotal Research restated a "buy" rating and set a $333.00 target price (up from $320.00) on shares of Amazon.com in a research report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Amazon.com presently has an average rating of "Moderate Buy" and a consensus price target of $322.56.

Trending Headlines about Amazon.com

Here are the key news stories impacting Amazon.com this week:

• Positive Sentiment: Amazon is positioning Alexa as an AI-powered shopping assistant that can identify missing groceries from a refrigerator photo, create a shopping list and potentially direct purchases before customers visit competitors such as Walmart. The initiative could strengthen Amazon’s grocery and retail ecosystem. Amazon Wants Alexa to Own the Shopping List Before Walmart Ever Sees It
• Positive Sentiment: AWS remains a major bullish catalyst. Recent reports highlighted 36.7% year-over-year AWS growth, a roughly $496 billion backlog and substantial demand for AI infrastructure. Amazon has also made OpenAI cybersecurity models available through Amazon Bedrock, supporting cloud-service adoption. Amazon Stock Eyes AWS Growth as Amazon’s $220 Billion Spending Plan Expands
• Positive Sentiment: Analyst coverage remains favorable, with one report citing a potential 32% upside and no sell ratings among 62 analysts. Investment activity also included Appaloosa nearly doubling its Amazon position earlier this year, signaling continued institutional confidence. Amazon’s Price Target Says Plus 32 Percent and Not a Single Analyst Says Sell
• Neutral Sentiment: Amazon is reportedly a leading bidder for Decart AI, which could add valuable AI talent and technology for AWS, retail operations and advertising. However, the financial terms and outcome remain uncertain. What Could Amazon Gain From Leading the Decart AI Bidding?
• Negative Sentiment: Twitch’s decision to enroll creators by default in sharing livestream content for Amazon AI training has triggered strong user backlash. The controversy could create reputational, regulatory and creator-retention risks. Amazon Will Train on Twitch Streamers’ Content by Default Unless They Opt Out
• Negative Sentiment: Amazon’s 2026 capital-expenditure forecast has risen to approximately $220 billion as it expands AI and cloud capacity. Investors are concerned that borrowing and heavy spending may reduce near-term free cash flow, particularly while Amazon does not pay a dividend. Amazon Raises 2026 AI Spending to 220 Billion Dollars
• Negative Sentiment: New York City labor activists and Teamsters are urging passage of legislation that could require delivery workers to be directly employed, potentially increasing Amazon’s labor costs and disrupting its last-mile delivery model. Amazon Teamsters and Allies Picket City Hall for the Delivery Protection Act

Amazon.com Stock Down 0.8%

AMZN stock opened at $265.13 on Friday. Amazon.com, Inc. has a twelve month low of $196.00 and a twelve month high of $287.20. The company has a quick ratio of 0.87, a current ratio of 1.03 and a debt-to-equity ratio of 0.23. The stock has a market cap of $2.86 trillion, a P/E ratio of 21.33, a PEG ratio of 1.78 and a beta of 1.45. The business's 50-day moving average price is $247.57 and its 200-day moving average price is $238.49.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 EPS for the quarter, topping analysts' consensus estimates of $1.82 by $3.93. The company had revenue of $200.61 billion for the quarter, compared to analysts' expectations of $197.03 billion. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The firm's revenue was up 19.6% compared to the same quarter last year. During the same quarter last year, the business earned $1.68 EPS. On average, equities research analysts forecast that Amazon.com, Inc. will post 8.05 EPS for the current year.

Insider Activity at Amazon.com

In other Amazon.com news, CEO Andrew R. Jassy sold 20,000 shares of the business's stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $263.42, for a total value of $5,268,400.00. Following the sale, the chief executive officer owned 2,205,766 shares in the company, valued at $581,042,879.72. The trade was a 0.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Shelley Reynolds sold 2,363 shares of the stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $262.38, for a total value of $620,003.94. Following the transaction, the vice president directly owned 119,780 shares of the company's stock, valued at approximately $31,427,876.40. The trade was a 1.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 62,650 shares of company stock worth $16,535,457 in the last three months. Corporate insiders own 8.90% of the company's stock.

About Amazon.com

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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