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Ardsley Advisory Partners Increases Stake in Amazon

Ardsley Advisory Partners Increases Stake in Amazon

TipRanks Black Friday Sale

Ardsley Advisory Partners, managed by Philip Hempleman, recently executed a significant transaction involving Amazon.Com, Inc. ((AMZN)). The hedge fund increased its position by 12,500 shares.

Spark’s Take on AMZN Stock

According to Spark, TipRanks’ AI Analyst, AMZN is a Outperform.

Amazon’s overall stock score is driven by strong financial performance and positive earnings call sentiment, particularly in AWS and advertising growth. However, technical analysis indicates short-term weakness, and the high P/E ratio suggests a premium valuation. Cash flow management remains an area for improvement.

To see Spark’s full report on AMZN stock, click here.

More about Amazon.Com, Inc.

YTD Price Performance: 2.75%

Average Trading Volume: 47,909,024

Current Market Cap: $2419B

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