Whalen Wealth Management Inc. Purchases 2,398 Shares of Amazon.com, Inc. $AMZN

Whalen Wealth Management Inc. increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 22.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 12,934 shares of the e-commerce giant’s stock after buying an additional 2,398 shares during the quarter. Amazon.com accounts for about 1.7% of Whalen Wealth Management Inc.’s portfolio, making the stock its 12th biggest holding. Whalen Wealth Management Inc.’s holdings in Amazon.com were worth $2,840,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Barlow Wealth Partners Inc. grew its position in Amazon.com by 0.4% in the second quarter. Barlow Wealth Partners Inc. now owns 12,565 shares of the e-commerce giant’s stock valued at $2,763,000 after purchasing an additional 44 shares in the last quarter. Ridgecrest Wealth Partners LLC lifted its position in Amazon.com by 0.5% during the 2nd quarter. Ridgecrest Wealth Partners LLC now owns 8,399 shares of the e-commerce giant’s stock worth $1,843,000 after buying an additional 45 shares in the last quarter. Probity Advisors Inc. grew its holdings in shares of Amazon.com by 0.4% in the 2nd quarter. Probity Advisors Inc. now owns 12,157 shares of the e-commerce giant’s stock valued at $2,667,000 after acquiring an additional 45 shares in the last quarter. IMPACTfolio LLC increased its position in shares of Amazon.com by 3.8% in the third quarter. IMPACTfolio LLC now owns 1,225 shares of the e-commerce giant’s stock valued at $269,000 after acquiring an additional 45 shares during the last quarter. Finally, Union Savings Bank raised its holdings in Amazon.com by 0.4% during the second quarter. Union Savings Bank now owns 10,723 shares of the e-commerce giant’s stock worth $2,510,000 after acquiring an additional 45 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insider Buying and Selling

In related news, CEO Douglas J. Herrington sold 2,500 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $233.22, for a total value of $583,050.00. Following the completion of the sale, the chief executive officer directly owned 505,934 shares in the company, valued at approximately $117,993,927.48. The trade was a 0.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $216.94, for a total value of $4,311,031.68. Following the sale, the chief executive officer directly owned 2,208,310 shares in the company, valued at $479,070,771.40. This represents a 0.89% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 82,234 shares of company stock valued at $19,076,767 in the last 90 days. 10.80% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Amazon.com

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

• Positive Sentiment: Multiple Wall Street firms continue to lift price targets and reiterate buy ratings on Amazon, arguing AWS margin leverage and ad growth support a move toward ~$300/share; that analyst optimism is propping sentiment. Analysts See Upside
• Positive Sentiment: BMO and other outlets are raising AWS growth forecasts as AI demand (and adoption of models like Claude) intensifies — a direct revenue and margin driver for Amazon’s most profitable segment. BMO Raises AWS Forecast
• Positive Sentiment: Amazon Now (ultra?fast urban delivery) is being highlighted as a potential 2026 catalyst: faster delivery could raise order frequency and Prime value if scaled without a big margin hit. Evidence of adoption would support upside. Amazon Now Could Boost 2026
• Neutral Sentiment: Amazon is pursuing AI hardware and advanced chips (Trainium/Ocelet) and is linked to talks about strategic investments (reported OpenAI interest) — these bolster the long?term AI/cloud story but are execution?dependent. AI Chips/Strategic Talks
• Neutral Sentiment: Amazon has taken security steps after blocking thousands of suspected hostile job applications — positive for operational security but unlikely to move earnings. Security Action
• Negative Sentiment: Sen. Elizabeth Warren and Democrats are probing whether Amazon (and Meta) are shifting AI data?center electricity costs onto consumers — raises regulatory/sentiment risk and could prompt scrutiny or costs if policy responses follow. Warren Probes AI Data-Center Costs
• Negative Sentiment: Zoox, Amazon’s self?driving unit, is recalling 332 U.S. vehicles over an ADS software error that could raise safety and cost headlines — a direct operational liability and reputational hit for Amazon’s mobility ambitions. Zoox Recall
• Negative Sentiment: Labor/regulatory friction persists after Amazon said it’s willing to discuss a Quebec shutdown that would cut ~1,700 jobs — potential near?term disruption and headline risk in Canada. Quebec Shutdown Talks

Amazon.com Trading Up 0.5%

Shares of NASDAQ:AMZN opened at $228.43 on Tuesday. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $258.60. The business has a 50 day moving average of $229.69 and a 200-day moving average of $225.79. The company has a quick ratio of 0.80, a current ratio of 1.01 and a debt-to-equity ratio of 0.14. The stock has a market cap of $2.44 trillion, a PE ratio of 32.26, a P/E/G ratio of 1.56 and a beta of 1.37.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.38. The business had revenue of $180.17 billion during the quarter, compared to analysts’ expectations of $177.53 billion. Amazon.com had a return on equity of 23.62% and a net margin of 11.06%.The firm’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same period last year, the firm posted $1.43 EPS. As a group, equities research analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have weighed in on AMZN. Barclays restated an “overweight” rating and issued a $300.00 price target (up from $275.00) on shares of Amazon.com in a research note on Friday, October 31st. Piper Sandler reissued an “overweight” rating on shares of Amazon.com in a research report on Wednesday, December 3rd. KeyCorp reaffirmed an “overweight” rating on shares of Amazon.com in a report on Friday, December 5th. Maxim Group raised their target price on shares of Amazon.com from $272.00 to $280.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Finally, Roth Capital boosted their price target on Amazon.com from $250.00 to $270.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Two analysts have rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $295.50.

Amazon.com Company Profile

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.