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Generation Investment Management boosts Amazon.com stake by 2.8M shares

Generation Investment Management boosts Amazon.com stake by 2.8M shares

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Trade AMZN with leverage

Generation Investment Management LLP, managed by David Blood, recently executed a significant transaction involving Amazon.Com, Inc. ((AMZN)). The hedge fund increased its position by 2,821,825 shares.

Spark’s Take on AMZN Stock

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

AMZN scores well on improving profitability and balance-sheet leverage, with supportive guidance and strong AWS/AI momentum. The score is held back by weak recent free-cash-flow conversion amid heavy investment/capex and by stretched technical momentum signals. Valuation is also a modest headwind given a ~31.7 P/E and no dividend yield provided.

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

More about Amazon.Com, Inc.

YTD Price Performance: 15.77%

Average Trading Volume: 46,701,324

Current Market Cap: $2874.5B

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