Vaughan Nelson Investment Management, L.P. Reduces $102M in Amazon.com, Inc. ($AMZN)

Vaughan Nelson Investment Management has reduced its holdings in Amazon.com, Inc. (NasdaqGS: AMZN) by 37.2%, according to its latest 13F filing with the SEC. The investment firm cut 426,618 shares, leaving it with 721,077 shares valued at approximately $172 million as of the end of the reporting period.

What Changed in Vaughan Nelson's Amazon Position

Vaughan Nelson's decision to cut its Amazon holdings saw the fund reduce its stake from 1,147,695 shares to 721,077 shares, a decrease of 426,618 shares. This reduction represents a 37.2% change in its position, reflecting a significant shift in its investment strategy regarding Amazon.

Other Institutional Activity in Amazon

Several other major funds also adjusted their positions in Amazon. BlackRock, Inc. grew its holdings by 1,189,128 shares, bringing its total to 735,564,992 shares worth about $153.2 billion. Vanguard Capital Management LLC maintained its position with 631,176,205 shares valued at $131.5 billion. State Street Corp added 1,797,200 shares, ending with 390,450,321 shares valued at $81.3 billion. Meanwhile, FMR LLC increased its stake significantly by 27,227,887 shares, totaling 358,698,691 shares worth approximately $74.7 billion. Geode Capital Management, LLC also boosted its holdings by 8,107,063 shares, reaching 233,228,057 shares valued at $48.4 billion.

Amazon.com, Inc. Stock Snapshot

Shares of Amazon.com, Inc. (NasdaqGS: AMZN) recently traded around $238.53. The company has a market capitalization of approximately $2.57 trillion and a P/E ratio of 31.64. Amazon's stock has seen a 52-week low of $196.00 and a high of $278.56. The stock's 50-day moving average is $254.77, while its 200-day moving average stands at $232.51. Amazon's beta is 1.444, indicating higher volatility compared to the market.

Recent Earnings

Amazon reported revenue of $742.78 billion, with a revenue growth rate of 16.6%. The company's earnings per share (EPS) are $7.54, with a net margin of 12.22% and a return on equity (ROE) of 24.29%. Amazon is set to release its next earnings report on April 29, 2026.

Insider Buying and Selling at Amazon.com, Inc.

Recent insider activity at Amazon includes sales by Douglas Herrington, CEO Worldwide Amazon Stores, who sold 1,000 shares on June 1, 2026, under a planned sale. David Zapolsky, Senior Vice President, sold 9,270 shares on May 22, 2026, also under a planned sale. Andrew Jassy, President and CEO, sold 50,000 shares on May 21, 2026, in an unplanned transaction. On the same day, David Zapolsky bought 15,450 shares, and Shelley Reynolds, Vice President, purchased 2,363 shares, both in unplanned transactions.

Analysts Set New Price Targets

Several analysts have maintained their buy ratings on Amazon with updated price targets. On May 29, 2026, Truist Securities maintained a buy rating with a target of $320. Wells Fargo, on May 20, 2026, also maintained its buy rating, setting a target of $312. Other firms like Stifel, Telsey Advisory Group, Canaccord Genuity, JP Morgan, TD Cowen, and Bernstein have all maintained buy ratings with targets ranging from $315 to $350. The consensus among 63 analysts is a strong buy, with a mean price target of $312.51.

About Amazon.com, Inc.

Amazon.com, Inc. is a global leader in e-commerce, cloud computing, and digital streaming. Founded in 1994 and headquartered in Seattle, Washington, Amazon offers a wide range of products and services through its online and physical stores. The company operates through three main segments: North America, International, and Amazon Web Services (AWS). Led by CEO Andrew Jassy, Amazon employs over 1.57 million people worldwide.

Bottom Line

Vaughan Nelson's recent reduction in Amazon holdings highlights the dynamic nature of institutional investments. Although the 13F filing reflects past positions, it offers insight into the fund's shifting strategies. With Amazon's robust market presence and strong analyst ratings, investors continue to watch this retail giant closely.