Vaughan Nelson Investment Management L.P. Cuts Stock Holdings in Amazon.com, Inc. $AMZN

Vaughan Nelson Investment Management L.P. lessened its position in Amazon.com, Inc. (NASDAQ:AMZN) by 5.3% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,406,948 shares of the e-commerce giant’s stock after selling 78,315 shares during the period. Amazon.com makes up 2.9% of Vaughan Nelson Investment Management L.P.’s holdings, making the stock its 2nd largest position. Vaughan Nelson Investment Management L.P.’s holdings in Amazon.com were worth $308,670,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Western Wealth Management LLC grew its holdings in shares of Amazon.com by 0.9% in the 1st quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant’s stock worth $26,660,000 after acquiring an additional 1,297 shares during the last quarter. Flaharty Asset Management LLC grew its holdings in shares of Amazon.com by 87.7% in the 1st quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant’s stock worth $968,000 after acquiring an additional 2,377 shares during the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of Amazon.com in the 1st quarter worth $514,000. Border to Coast Pensions Partnership Ltd grew its holdings in shares of Amazon.com by 6.0% in the 2nd quarter. Border to Coast Pensions Partnership Ltd now owns 1,136,311 shares of the e-commerce giant’s stock worth $249,295,000 after acquiring an additional 63,924 shares during the last quarter. Finally, Generali Investments CEE investicni spolecnost a.s. grew its holdings in shares of Amazon.com by 5.3% in the 2nd quarter. Generali Investments CEE investicni spolecnost a.s. now owns 84,116 shares of the e-commerce giant’s stock worth $18,454,000 after acquiring an additional 4,265 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on AMZN. Zacks Research downgraded Amazon.com from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 19th. Citizens Jmp initiated coverage on Amazon.com in a report on Thursday, July 10th. They set a “strong-buy” rating on the stock. Wells Fargo & Company raised Amazon.com from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $245.00 to $280.00 in a research report on Wednesday, September 24th. Citigroup reissued an “overweight” rating on shares of Amazon.com in a research report on Wednesday, August 13th. Finally, Rosenblatt Securities lifted their price objective on Amazon.com from $288.00 to $297.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Three analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $266.26.

Insider Buying and Selling

In other news, VP Shelley Reynolds sold 2,715 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.64, for a total value of $601,752.60. Following the sale, the vice president directly owned 119,780 shares in the company, valued at approximately $26,548,039.20. This represents a 2.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Douglas J. Herrington sold 2,500 shares of the stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $217.10, for a total value of $542,750.00. Following the sale, the chief executive officer owned 515,507 shares in the company, valued at approximately $111,916,569.70. This trade represents a 0.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 6,591,479 shares of company stock worth $1,512,698,663. Insiders own 10.80% of the company’s stock.

Amazon.com Price Performance

NASDAQ AMZN opened at $213.04 on Monday. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $242.52. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The stock has a market capitalization of $2.27 trillion, a PE ratio of 32.48, a P/E/G ratio of 1.41 and a beta of 1.28. The stock has a 50-day simple moving average of $225.66 and a 200 day simple moving average of $212.88.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. During the same period in the previous year, the company posted $1.26 earnings per share. The company’s quarterly revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. Research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.

About Amazon.com

Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.