Forum Financial Management LP Purchases 3,331 Shares of Amazon.com, Inc. $AMZN

Forum Financial Management LP raised its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.9% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 117,898 shares of the e-commerce giant’s stock after purchasing an additional 3,331 shares during the period. Amazon.com comprises 0.4% of Forum Financial Management LP’s portfolio, making the stock its 27th biggest position. Forum Financial Management LP’s holdings in Amazon.com were worth $25,887,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Phillips Financial Management LLC increased its stake in shares of Amazon.com by 17.9% during the third quarter. Phillips Financial Management LLC now owns 9,510 shares of the e-commerce giant’s stock valued at $2,088,000 after buying an additional 1,445 shares during the period. Hemington Wealth Management increased its position in Amazon.com by 16.4% during the 3rd quarter. Hemington Wealth Management now owns 17,671 shares of the e-commerce giant’s stock valued at $3,880,000 after purchasing an additional 2,487 shares during the period. Legacy Trust increased its position in Amazon.com by 35.4% during the 3rd quarter. Legacy Trust now owns 47,938 shares of the e-commerce giant’s stock valued at $10,526,000 after purchasing an additional 12,523 shares during the period. Clearview Wealth Advisors LLC raised its holdings in shares of Amazon.com by 1.6% in the 3rd quarter. Clearview Wealth Advisors LLC now owns 3,113 shares of the e-commerce giant’s stock valued at $684,000 after purchasing an additional 50 shares in the last quarter. Finally, Philip James Wealth Mangement LLC lifted its position in shares of Amazon.com by 2.6% in the 3rd quarter. Philip James Wealth Mangement LLC now owns 8,536 shares of the e-commerce giant’s stock worth $1,874,000 after purchasing an additional 219 shares during the period. Institutional investors own 72.20% of the company’s stock.

Amazon.com News Summary

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

• Positive Sentiment: Royal Bank of Canada reiterated a Buy on AMZN, providing analyst support that can limit downside and attract buyers. RBC reiterates Buy on Amazon
• Positive Sentiment: Nancy Pelosi’s disclosed trades show selling shares then buying long‑dated call LEAPS on big tech (including AMZN), a leveraged bullish stance that signals institutional confidence in the company’s multi‑quarter upside. Pelosi’s Bullish 2026 Buy List
• Positive Sentiment: Jim Cramer publicly urged buying Amazon despite planned layoffs, which can buoy retail interest and steady the share price amid headline risk. Jim Cramer Says ‘Buy’ Amazon
• Neutral Sentiment: Microsoft unveiled the Maia 200 inference chip, sharpening competition among hyperscalers on AI cost efficiency — a development investors should watch because it affects AWS pricing and margin dynamics but does not immediately change AMZN fundamentals. Microsoft’s Maia 200: The Profit Engine AI Needs
• Negative Sentiment: Multiple outlets report Amazon is preparing another round of layoffs; those reports are pressuring the stock by raising near‑term execution and cost‑cutting uncertainty. Amazon Stock Slips on Reports of Massive Incoming Layoffs
• Negative Sentiment: Amazon’s wide theatrical release of the Melania documentary is drawing low ticket sales and polarizing attention (including political promotion), creating reputational noise and potential short‑term distraction for the brand. Trump Makes Rare Post On X To Promote Wife’s Amazon Documentary
• Negative Sentiment: Coverage notes tariff‑related price spikes and a recent downgrade in a blue‑chip roundup; those macro and analyst‑rating headwinds add pressure to e‑commerce margins and investor sentiment. Amazon Faces Tariff‑Related Price Spikes Allstate Upgraded, Amazon Downgraded

Analysts Set New Price Targets

Several brokerages recently issued reports on AMZN. Cantor Fitzgerald set a $260.00 price objective on shares of Amazon.com and gave the company an “overweight” rating in a report on Thursday, January 8th. CIBC lifted their price target on Amazon.com to $315.00 in a report on Monday, October 20th. William Blair reissued an “outperform” rating on shares of Amazon.com in a research report on Monday, November 3rd. Rothschild Redb downgraded Amazon.com from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 18th. Finally, Royal Bank Of Canada reiterated a “buy” rating on shares of Amazon.com in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, fifty-four have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Amazon.com currently has a consensus rating of “Moderate Buy” and an average target price of $295.86.

Insider Activity

In related news, Director Daniel P. Huttenlocher sold 1,237 shares of the company’s stock in a transaction that occurred on Thursday, November 20th. The stock was sold at an average price of $226.61, for a total value of $280,316.57. Following the sale, the director owned 26,148 shares in the company, valued at $5,925,398.28. This represents a 4.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Matthew S. Garman sold 17,768 shares of the stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $216.90, for a total transaction of $3,853,879.20. Following the completion of the transaction, the chief executive officer owned 6,273 shares in the company, valued at approximately $1,360,613.70. This trade represents a 73.91% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 79,734 shares of company stock valued at $18,534,017. 10.80% of the stock is owned by insiders.

Amazon.com Trading Down 0.3%

NASDAQ:AMZN opened at $238.42 on Tuesday. The company has a market capitalization of $2.55 trillion, a P/E ratio of 33.68, a PEG ratio of 1.50 and a beta of 1.37. The company has a current ratio of 1.01, a quick ratio of 0.80 and a debt-to-equity ratio of 0.14. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $258.60. The firm has a fifty day simple moving average of $231.79 and a 200-day simple moving average of $229.23.

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

Amazon.com 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.