Amazon.com, Inc. $AMZN Shares Sold by Vaughan Nelson Investment Management L.P.

Key Points

• Vaughan Nelson Investment Management cut its Amazon stake by 37.2% in the first quarter, selling 426,618 shares and leaving it with 721,077 shares valued at about $150.2 million.
• Amazon’s latest earnings were strong, with Q1 EPS of $2.78 beating estimates by a wide margin and revenue of $181.52 billion topping expectations, up 16.6% year over year.
• Wall Street remains upbeat on AMZN, with 57 analysts rating it a Buy and a consensus price target of $312.78, even as some investors worry about heavy AI spending, FTC risk, and labor-related headlines.

Vaughan Nelson Investment Management L.P. trimmed its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 37.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 721,077 shares of the e-commerce giant's stock after selling 426,618 shares during the quarter. Amazon.com comprises 1.5% of Vaughan Nelson Investment Management L.P.'s portfolio, making the stock its 10th largest holding. Vaughan Nelson Investment Management L.P.'s holdings in Amazon.com were worth $150,179,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. MilWealth Group LLC increased its holdings in shares of Amazon.com by 79.0% during the fourth quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant's stock valued at $41,000 after purchasing an additional 79 shares during the period. Lifetime Wealth Management P.C. acquired a new stake in Amazon.com in the fourth quarter worth about $45,000. Elkhorn Partners Limited Partnership grew its position in Amazon.com by 900.0% in the 4th quarter. Elkhorn Partners Limited Partnership now owns 200 shares of the e-commerce giant's stock valued at $46,000 after buying an additional 180 shares in the last quarter. Fairway Wealth LLC grew its position in Amazon.com by 95.6% in the 4th quarter. Fairway Wealth LLC now owns 221 shares of the e-commerce giant's stock valued at $51,000 after buying an additional 108 shares in the last quarter. Finally, Prudent Man Investment Management Inc. increased its stake in Amazon.com by 87.7% during the 4th quarter. Prudent Man Investment Management Inc. now owns 229 shares of the e-commerce giant's stock valued at $53,000 after buying an additional 107 shares during the period. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Amazon.com

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

• Positive Sentiment: Prime Day demand appears to be supporting sentiment, with reports of strong early online spending and investor expectations for a Q2 revenue beat. Reuters: US online spending hits $8.3 billion as Amazon Prime Day kicks off, Adobe says
• Positive Sentiment: Amazon’s Zoox autonomous vehicle unit unveiled a redesigned robotaxi and said it is preparing for larger-scale production and a wider commercial rollout later this year, reinforcing the company’s long-term optionality in mobility. CNBC: Amazon's Zoox unveils redesigned robotaxi ahead of upcoming expansion
• Positive Sentiment: Wall Street commentary remains constructive, with analysts and major investors highlighting Amazon’s AWS growth, AI shopping tools, and advertising/Prime businesses as reasons the stock can keep compounding over time. Benzinga: Cathie Wood Is Rebuilding The Magnificent 7 Trade
• Neutral Sentiment: Amazon’s AWS and AI teams continue to promote new capabilities, including expanded Bedrock functionality and commentary that AI will reshape white-collar work rather than eliminate it, which supports the long-term AI narrative but does not create an immediate catalyst. Zacks: Amazon Strengthens Bedrock Ecosystem: What's Next for Enterprise AI?
• Negative Sentiment: Some investors remain concerned that heavy AI infrastructure spending and Prime Day timing shifts could pressure future comparisons, and Amazon has also faced added noise from labor and regulatory headlines. MarketBeat: Amazon’s Pullback Deepens as a New FTC Risk Hits the Stock

Amazon.com Stock Performance

NASDAQ:AMZN opened at $234.24 on Thursday. The company has a 50-day moving average of $256.29 and a 200-day moving average of $234.16. The firm has a market cap of $2.52 trillion, a price-to-earnings ratio of 28.02, a price-to-earnings-growth ratio of 1.75 and a beta of 1.44. The company has a current ratio of 1.18, a quick ratio of 1.01 and a debt-to-equity ratio of 0.27. Amazon.com, Inc. has a twelve month low of $196.00 and a twelve month high of $278.56.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 EPS for the quarter, topping analysts' consensus estimates of $1.63 by $1.15. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. The business had revenue of $181.52 billion for the quarter, compared to the consensus estimate of $177.28 billion. During the same period in the previous year, the firm earned $1.59 EPS. The business's revenue for the quarter was up 16.6% on a year-over-year basis. Analysts forecast that Amazon.com, Inc. will post 7.71 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Wolfe Research restated an "outperform" rating and set a $320.00 price target (up from $245.00) on shares of Amazon.com in a research report on Thursday, April 30th. Maxim Group increased their price objective on shares of Amazon.com from $290.00 to $315.00 and gave the company a "buy" rating in a report on Thursday, April 30th. UBS Group set a $315.00 price objective on shares of Amazon.com in a research note on Monday, June 1st. Oppenheimer boosted their target price on Amazon.com from $275.00 to $320.00 and gave the stock an "outperform" rating in a report on Thursday, April 30th. Finally, Royal Bank Of Canada restated a "buy" rating on shares of Amazon.com in a research report on Tuesday, June 16th. Fifty-seven investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Amazon.com presently has a consensus rating of "Moderate Buy" and an average price target of $312.78.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 27,500 shares of the company's stock in a transaction on Monday, May 4th. The stock was sold at an average price of $275.00, for a total value of $7,562,500.00. Following the transaction, the chief executive officer owned 471,361 shares of the company's stock, valued at approximately $129,624,275. This represents a 5.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 9,270 shares of the stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $268.53, for a total value of $2,489,273.10. Following the sale, the senior vice president owned 41,190 shares of the company's stock, valued at $11,060,750.70. This trade represents a 18.37% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 195,774 shares of company stock worth $51,614,434. 8.90% of the stock is owned by corporate insiders.

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.

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