Vaughan Nelson Investment Management, L.P. 13F: Cuts AMZN Stake by $103M

Vaughan Nelson Investment Management Reduces Holdings

Vaughan Nelson Investment Management, L.P. cut its stake in Amazon.com, Inc. (NasdaqGS:AMZN) by 37.2% during the period, according to a Form 13F filing with the SEC. The firm sold 426,618 shares of the online retail giant, leaving it with 721,077 shares. That remaining block carried an estimated value of $173.4 million at the time of the report. Because 13F filings look backward at holdings from the end of a reporting period, this paperwork may not reflect the investor's current position today.

Amazon.com Stock Context

Shares of Amazon.com recently changed hands at $240.54, putting the retail and cloud computing giant right around its 200-day moving average of $242.64, while sitting below its 50-day moving average of $257.52. Over the past year, the company has seen prices range from a low of $196.00 up to a high of $287.20. The business carries a price-to-earnings ratio of 20.5 and a forward P/E ratio of 24.4.

Analysts Set New Price Targets

Wall Street firms remain broadly positive on the retail giant. On October 12, 2026, Wells Fargo maintained its overweight rating while adjusting its price target to $329.00 from $338.00, and Cantor Fitzgerald kept an overweight rating with a target of $310.00. Days earlier, Tigress Financial maintained a buy rating on October 6, 2026, lifting its target to $385.00 from $315.00, while TD Cowen reiterated a buy rating with a $350.00 target on October 5, 2026. Rosenblatt maintained a buy rating with a target of $360.00 on September 30, 2026. Across the board, the stock holds a strong buy consensus with a mean target price of $331.46 based on 58 analyst opinions.

Inside Amazon's Operations

Amazon.com, Inc. sells consumer merchandise, digital content, and advertising through online and physical stores, alongside its massive cloud computing division, Amazon Web Services. The company serves everyday shoppers, independent sellers, developers, and global enterprises from its headquarters in Seattle, Washington. Its digital storefronts and web services make it a central pillar of the modern consumer and tech economies.

What's Ahead for Amazon.com, Inc.

Investors tracking Vaughan Nelson's portfolio moves will need to wait for subsequent SEC updates to see how the firm manages its remaining retail exposure. Amazon.com's next earnings report is scheduled for October 29, 2026, for updated figures on revenue and cloud growth.