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Amgen Stake Boosted by Elevation Point Wealth Partners LLC Amid Strong Quarterly Results

Guavy AI Editorial Team
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AMGN
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Elevation Point Wealth Partners LLC, a financial institution, increased its stake in Amgen Inc. (NASDAQ: AMGN) by buying 4,062 more shares during the second quarter.

The firm's total holding in Amgen now stands at 25,505 shares, valued at $9,236,000 as of the most recent quarter.

This acquisition comes after a strong performance from Amgen, which exceeded analysts' expectations with its second-quarter results. The company reported revenue growth and earnings per share that topped consensus estimates.

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