2 weeks Ago By ABMN Staff
Advanced Micro Devices, Inc. ( NASDAQ:AMD – Get Free Report ) has earned an average recommendation of “Moderate Buy” from the thirty-three brokerages that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, twelve have assigned a hold recommendation, seventeen have issued a buy recommendation and three have assigned a strong buy recommendation to the company.
The average 1 year target price among analysts that have issued ratings on the stock in the last year is $140.57. A number of research firms have commented on AMD.
Rosenblatt Securities reiterated a “buy” rating and set a $250.00 target price on shares of Advanced Micro Devices in a research report on Tuesday, February 4th. Melius Research reissued a “hold” rating and issued a $129.
00 price objective (down from $160.00) on shares of Advanced Micro Devices in a research note on Tuesday, January 28th. Jefferies Financial Group downgraded shares of Advanced Micro Devices from a “buy” rating to a “hold” rating and dropped their target price for the company from $135.
00 to $120.00 in a report on Thursday, March 27th. Mizuho reduced their price target on shares of Advanced Micro Devices from $140.
00 to $120.00 and set an “outperform” rating on the stock in a report on Friday, March 14th. Finally, Morgan Stanley set a $137.
00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, February 5th. View Our Latest Report on Advanced Micro Devices Advanced Micro Devices Stock Up 4.5 % Advanced Micro Devices ( NASDAQ:AMD – Get Free Report ) last posted its quarterly earnings results on Tuesday, February 4th.
The semiconductor manufacturer reported $1.07 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.07.
Advanced Micro Devices had a net margin of 6.36% and a return on equity of 7.42%.
Equities research analysts anticipate that Advanced Micro Devices will post 3.87 EPS for the current fiscal year. Insider Transactions at Advanced Micro Devices In related news, EVP Philip Guido acquired 4,645 shares of Advanced Micro Devices stock in a transaction on Friday, February 7th.
The shares were bought at an average price of $107.56 per share, for a total transaction of $499,616.20.
Following the completion of the purchase, the executive vice president now directly owns 33,522 shares in the company, valued at $3,605,626.32. This trade represents a 16.
09 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website . Also, EVP Mark D.
Papermaster sold 17,500 shares of the stock in a transaction dated Tuesday, April 15th. The shares were sold at an average price of $95.47, for a total value of $1,670,725.
00. Following the completion of the sale, the executive vice president now owns 1,713,710 shares of the company’s stock, valued at approximately $163,607,893.70.
This trade represents a 1.01 % decrease in their position. The disclosure for this sale can be found here .
Company insiders own 0.06% of the company’s stock. Hedge Funds Weigh In On Advanced Micro Devices Institutional investors and hedge funds have recently bought and sold shares of the stock.
Bear Mountain Capital Inc. purchased a new stake in shares of Advanced Micro Devices during the fourth quarter worth about $25,000. Global Wealth Strategies & Associates acquired a new stake in Advanced Micro Devices during the 4th quarter valued at approximately $26,000.
Greenline Partners LLC acquired a new stake in Advanced Micro Devices during the 4th quarter valued at approximately $28,000. Halbert Hargrove Global Advisors LLC purchased a new stake in Advanced Micro Devices during the 4th quarter worth approximately $29,000. Finally, Kozak & Associates Inc.
raised its position in shares of Advanced Micro Devices by 67.6% in the 1st quarter. Kozak & Associates Inc.
now owns 305 shares of the semiconductor manufacturer’s stock valued at $29,000 after purchasing an additional 123 shares in the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.
About Advanced Micro Devices ( Get Free Report Advanced Micro Devices, Inc operates as a semiconductor company worldwide. It operates through Data Center, Client, Gaming, and Embedded segments. The company offers x86 microprocessors and graphics processing units (GPUs) as an accelerated processing unit, chipsets, data center, and professional GPUs; and embedded processors, and semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technology, data processing unites, field programmable gate arrays (FPGA), and adaptive SoC products.
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