Advanced Micro Devices Inc. (NASDAQ: AMD) is 3.30% 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 $148.64 in the last trading session, with the day’s gains setting it 3.63%.
Currently trading at $152.27, the stock is -9.51% and -14.92% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 45.83 million and changing 2.44% at the moment leaves the stock 11.83% off its SMA200. AMD registered 72.19% gain for a year compared to 6-month gain of 49.56%.
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The stock witnessed a -15.24% loss in the last 1 month and extending the period to 3 months gives it a -9.59%, and is -6.85% down 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 4.22% over the week and 3.89% over the month.
Advanced Micro Devices Inc. (AMD) has around 26000 employees, a market worth around $246.09B and $22.68B in sales. Current P/E ratio is 290.98 and Fwd P/E is 27.43. Profit margin for the company is 3.77%. Distance from 52-week low is 87.94% and -33.01% from its 52-week high. The company has generated returns on investments over the last 12 months (1.47%).
The EPS is expected to grow by 39.01% this year.
Advanced Micro Devices Inc. (AMD) Top Institutional Holders
The shares outstanding are 1.62B, and float is at 1.60B with Short Float at 2.05%.
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 Apr 15 ’24 at a price of $164.25 per share for a total of $2.66 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 15 ’24 that Papermaster Mark D (Chief Technology Officer & EVP) sold a total of 16,200 shares of the company’s common stock. The trade occurred on Mar 15 ’24 and was made at $186.73 per share for $3.03 million. Following the transaction, the insider now directly holds 1.55 million shares of the AMD stock.
Still, SEC filings show that on Mar 13 ’24, Su Lisa T (Chair, President & CEO) disposed off 125,000 shares at an average price of $195.13 for $24.39 million. The insider now directly holds 3,222,230 shares of Advanced Micro Devices Inc. (AMD).
