Whalen Wealth Management Inc. Has $2.84 Million Position in Amazon.com, Inc. $AMZN

Whalen Wealth Management Inc. lifted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 22.8% in the third quarter, HoldingsChannel.com reports. The fund owned 12,934 shares of the e-commerce giant’s stock after buying an additional 2,398 shares during the period. Amazon.com comprises approximately 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.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Kingstone Capital Partners Texas LLC grew its position in Amazon.com by 542,733.6% in the second quarter. Kingstone Capital Partners Texas LLC now owns 132,641,388 shares of the e-commerce giant’s stock valued at $29,100,194,000 after acquiring an additional 132,616,953 shares during the last quarter. Norges Bank bought a new stake in shares of Amazon.com during the 2nd quarter valued at approximately $27,438,011,000. Nuveen LLC acquired a new position in Amazon.com during the 1st quarter worth approximately $11,674,091,000. Vanguard Group Inc. lifted its stake in Amazon.com by 2.1% in the 2nd quarter. Vanguard Group Inc. now owns 849,721,601 shares of the e-commerce giant’s stock valued at $186,420,422,000 after purchasing an additional 17,447,045 shares during the last quarter. Finally, Laurel Wealth Advisors LLC grew its stake in shares of Amazon.com by 22,085.8% during the second quarter. Laurel Wealth Advisors LLC now owns 12,177,557 shares of the e-commerce giant’s stock worth $2,671,634,000 after buying an additional 12,122,668 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors.

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

Analyst Ratings Changes

Several equities research analysts recently weighed in on AMZN shares. Cantor Fitzgerald reissued an “overweight” rating on shares of Amazon.com in a report on Wednesday, December 3rd. The Goldman Sachs Group lifted their price target on Amazon.com from $240.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, October 3rd. Loop Capital boosted their price target on Amazon.com from $300.00 to $360.00 and gave the stock a “buy” rating in a report on Tuesday, November 18th. Robert W. Baird set a $285.00 price objective on shares of Amazon.com and gave the company an “outperform” rating in a report on Friday, October 31st. Finally, CICC Research boosted their target price on shares of Amazon.com from $240.00 to $280.00 and gave the stock an “outperform” rating in a report on Wednesday, November 5th. Two equities research analysts have rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Amazon.com currently has an average rating of “Moderate Buy” and an average target price of $295.50.

Amazon.com Trading Up 0.5%

NASDAQ:AMZN opened at $228.43 on Tuesday. The firm’s fifty day moving average is $229.69 and its 200-day moving average is $225.79. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.80 and a current ratio of 1.01. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $258.60. The firm has a market cap of $2.44 trillion, a P/E ratio of 32.26, a P/E/G ratio of 1.56 and a beta of 1.37.

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

Insider Buying and Selling

In other Amazon.com news, CEO Matthew S. Garman sold 17,768 shares of the business’s stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $216.90, for a total value of $3,853,879.20. Following the transaction, the chief executive officer directly owned 6,273 shares of the company’s stock, valued at approximately $1,360,613.70. The trade was a 73.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Andrew R. Jassy sold 19,872 shares of the firm’s stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $216.94, for a total transaction of $4,311,031.68. Following the sale, the chief executive officer directly owned 2,208,310 shares of the company’s stock, valued at approximately $479,070,771.40. This trade represents a 0.89% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 82,234 shares of company stock worth $19,076,767 over the last three months. Insiders own 10.80% 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.