Published: Thu, February 01, 2018
Tech | By

Analyst Recommendations for: Advanced Micro Devices, Inc. (AMD)

Analyst Recommendations for: Advanced Micro Devices, Inc. (AMD)

The networking hardware company reported fourth quarter earnings of $0.53 per share on revenue of $1.24 billion, just beating analyst expectations of $0.52 EPS on revenue of $1.23 billion. The firm has a market capitalization of $13,230.00, a PE ratio of -172.88, a price-to-earnings-growth ratio of 6.94 and a beta of 2.47.

The stock decreased 4.23% or $0.0341 during the last trading session, reaching $0.7719. It has outperformed by 21.49% the S&P500.

Technical Facts about Advanced Micro Devices, Inc. Balyasny Asset Management Llc bought 50,000 shares as the company's stock declined 13.10% while stock markets rallied. The institutional investor held 91,600 shares of the health care company at the end of 2017Q3, valued at $1.12M, up from 42,300 at the end of the previous reported quarter. The current share price indicates that stock is -14.89% away from its one year high and is moving 37.32% ahead of its 52-week low. As such, Juniper Networks has given up support at the 200-day moving average, as it moves further from its 52-week high of $30.96 from May.

WELLINGTON MANAGEMENT GROUP LLP raised its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) has risen 202.65% since January 31, 2017 and is uptrending. It has outperformed by 5.59% the S&P500.

Investors may have been reacting initially to AMD's gross margin results and forecast, Summit Redstone Partners analyst Kinngai Chan said. Mubadala Investment Co PJSC sold $21024000.00B worth of stock. (AMD) received interesting active concern from community of Active Traders on Tuesday.

AMD's fourth-quarter numbers were very good. The rating was maintained by Canaccord Genuity with "Buy" on Wednesday, October 25. Therefore 83% are positive. Pengrowth Energy Corp had 12 analyst reports since September 3, 2015 according to SRatingsIntel. Credit Suisse upgraded the stock to "Neutral" rating in Wednesday, October 12 report. Stocks News Times (SNT) makes sure to keep the information up to date and correct, but we didn't suggest or recommend buying or selling of any financial instrument unless that information is subsequently confirmed on your own. If the investor already owns shares of the stock, he should hold onto the equity and see how it performs over the short-, medium- and long-term. The firm earned "Hold" rating on Wednesday, December 13 by Susquehanna. Needham maintained the stock with "Buy" rating in Saturday, August 29 report. BMO Capital Markets maintained it with "Hold" rating and $15.0 target in Friday, November 17 report.

Investors sentiment increased to 1.51 in 2017 Q3. Its the same as in 2017Q2. It dived, as 33 investors sold INTU shares while 249 reduced holdings. Guardian Investment Mgmt has invested 4.73% in Intel Corporation (NASDAQ:INTC). (NasdaqCM:AMD) is 58.950800. This is calculated by taking weekly log normal returns and standard deviation of the share price over one year annualized. Corporate insiders own 1.60% of the company's stock. Regal Inv Advisors Ltd holds 0.03% or 11,000 shares. Loomis Sayles And L P holds 0.01% or 28,594 shares. Ray Gerald L And Associates Ltd holds 0.24% or 153,555 shares in its portfolio. Companies may issue new shares and buy back their own shares. Zeke Capital Advsrs Lc, a Pennsylvania-based fund reported 16,109 shares. Minnesota-based Sns Finance Grp Inc Ltd Liability has invested 0.5% in QUALCOMM Incorporated (NASDAQ:QCOM). Deutsche Bancorporation Ag reported 6.61 million shares or 0.06% of all its holdings. Four research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and twelve have issued a buy rating to the stock. The rating was downgraded by RBC Capital Markets to "Underperform" on Friday, November 10. (NASDAQ:AMD) has "Sell" rating given on Wednesday, October 25 by Citigroup. As per Tuesday, January 23, the company rating was maintained by Morgan Stanley. The company was maintained on Thursday, July 20 by Canaccord Genuity. The company was maintained on Monday, March 21 by UBS. Amalgamated Bank & Trust holds 0.07% of its portfolio in Advanced Micro Devices, Inc. (NASDAQ:AMD) or 30,000 shares. The Value Composite Two of Advanced Micro Devices, Inc. (NASDAQ:AMD) was sold by Norrod Forrest Eugene on Wednesday, August 9. On Wednesday, August 9 the insider SMITH DARLA M sold $143,728. 20,000 shares were sold by ANDERSON JAMES ROBERT, worth $265,200 on Friday, September 22.

In related news, CFO Devinder Kumar sold 117,120 shares of the business's stock in a transaction that occurred on Tuesday, January 16th. Discovery Capital Management Llc acquired 18.88M shares as Advanced Micro Devices Inc (AMD)'s stock declined 13.10%.

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