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These Numbers Show Favorable Signs for Advanced Micro Devices Inc. (AMD)

Advanced Micro Devices Inc. (NASDAQ: AMD) is 21.23% higher on its value in year-to-date trading and has touched a low of $81.02 and a high of $227.30 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The AMD stock was last observed hovering at around $183.34 in the last trading session, with the day’s loss setting it -4.64%.

Currently trading at $178.70, the stock is -6.54% and -1.58% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 61.43 million and changing -2.53% at the moment leaves the stock 34.93% off its SMA200. AMD registered 82.57% gain for a year compared to 6-month gain of 73.80%. The firm has a 50-day simple moving average (SMA 50) of $12.61 and a 200-day simple moving average (SMA200) of $68.94.

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The stock witnessed a -11.81% loss in the last 1 month and extending the period to 3 months gives it a 21.23%, and is 0.04% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.37% over the week and 4.35% over the month.

Advanced Micro Devices Inc. (AMD) has around 26000 employees, a market worth around $288.74B and $22.68B in sales. Current P/E ratio is 341.49 and Fwd P/E is 32.49. Profit margin for the company is 3.77%. Distance from 52-week low is 120.56% and -21.38% from its 52-week high. The company has generated returns on investments over the last 12 months (1.47%).

Advanced Micro Devices Inc. quarterly earnings per share for the current quarter are estimated at $0.6 with sales reaching $5.43B over the same period.The EPS is expected to grow by 39.55% this year, but quarterly earnings will post 13.80% year-over-year. Quarterly sales are estimated to grow 1.50% in year-over-year returns.

Advanced Micro Devices Inc. (AMD) Top Institutional Holders

3,075 institutions hold shares in Advanced Micro Devices Inc. (AMD), with institutional investors hold 75.40% of the company’s shares. The shares outstanding are 1.62B, and float is at 1.60B with Short Float at 2.41%. Institutions hold 75.04% of the Float.

The top institutional shareholder in the company is Vanguard Group Inc with over 140.05 million shares valued at $14.4 billion. The investor’s holdings represent 8.75% of the AMD Shares outstanding. As of Sep 29, 2023, the second largest holder is Blackrock Inc. with 121.64 million shares valued at $12.51 billion to account for 7.60% of the shares outstanding. The other top investors are State Street Corporation which holds 64.16 million shares representing 4.01% and valued at over $6.6 billion, while FMR, LLC holds 2.57% of the shares totaling 41.08 million with a market value of $4.22 billion.

Advanced Micro Devices Inc. (AMD) Insider Activity

The most recent transaction is an insider sale by Papermaster Mark D,the company’sChief Technology Officer & EVP. SEC filings show that Papermaster Mark D sold 16,200 shares of the company’s common stock on Mar 15 ’24 at a price of $186.73 per share for a total of $3.03 million. Following the sale, the insider now owns 1.55 million shares.

Advanced Micro Devices Inc. disclosed in a document filed with the SEC on Mar 13 ’24 that Su Lisa T (Chair, President & CEO) sold a total of 125,000 shares of the company’s common stock. The trade occurred on Mar 13 ’24 and was made at $195.13 per share for $24.39 million. Following the transaction, the insider now directly holds 3.22 million shares of the AMD stock.

Still, SEC filings show that on Mar 07 ’24, WOLIN HARRY A (SVP) disposed off 32,789 shares at an average price of $212.31 for $6.96 million. The insider now directly holds 1,433,596 shares of Advanced Micro Devices Inc. (AMD).

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