Advanced Micro Devices Inc (NASDAQ: AMD) is -2.56% lower on its value in year-to-date trading and has touched a low of $116.00 and a high of $227.30 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AMD stock was last observed hovering at around $147.35 in the last trading session, with the day’s loss setting it -3.72%.
Currently trading at $143.63, the stock is -4.88% and -7.06% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 33.45 million and changing -2.52% at the moment leaves the stock -11.26% off its SMA200. AMD registered 21.11% gain for a year compared to 6-month gain of -6.22%. The firm has a 50-day simple moving average (SMA 50) of $154.5474 and a 200-day simple moving average (SMA200) of $161.85695.
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The stock witnessed a -13.09% loss in the last 1 month and extending the period to 3 months gives it a 2.05%, and is 1.39% 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 2.96% over the week and 2.85% over the month.
Advanced Micro Devices Inc (AMD) has around 26000 employees, a market worth around $233.08B and $24.30B in sales. Current P/E ratio is 128.52 and Fwd P/E is 27.87. Profit margin for the company is 7.52%. Distance from 52-week low is 23.82% and -36.81% from its 52-week high. The company has generated returns on investments over the last 12 months (3.08%).
with sales reaching $7.54B over the same period.The EPS is expected to grow by 25.58% this year, but quarterly earnings will post 13.20% year-over-year. Quarterly sales are estimated to grow 22.20% in year-over-year returns.
Advanced Micro Devices Inc (AMD) Top Institutional Holders
3384.0 institutions hold shares in Advanced Micro Devices Inc (AMD), with institutional investors hold 71.64% of the company’s shares. The shares outstanding are 1.62B, and float is at 1.61B with Short Float at 3.54%. Institutions hold 71.28% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 147.32 million shares valued at $23.9 billion. The investor’s holdings represent 9.111% of the AMD Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 130.38 million shares valued at $21.15 billion to account for 8.0629 of the shares outstanding. The other top investors are STATE STREET CORP which holds 68.59 million shares representing 4.2418% and valued at over $11.13 billion, while JPMORGAN CHASE & CO holds 2.4839 of the shares totaling 40.16 million with a market value of $6.52 billion.
Advanced Micro Devices Inc (AMD) Insider Activity
The most recent transaction is an insider sale by Su Lisa T, the company’s Chair, President & CEO. SEC filings show that Su Lisa T sold 80,000 shares of the company’s common stock on Nov 06 ’24 at a price of $143.87 per share for a total of $11.51 million. Following the sale, the insider now owns 3.57 million shares.
Advanced Micro Devices Inc disclosed in a document filed with the SEC on Nov 05 ’24 that Norrod Forrest Eugene (EVP & GM DESG) sold a total of 40,540 shares of the company’s common stock. The trade occurred on Nov 05 ’24 and was made at $141.67 per share for $5.74 million. Following the transaction, the insider now directly holds 0.29 million shares of the AMD stock.
Still, SEC filings show that on Nov 06 ’24, LISA SU (Director) Proposed Sale 80,000 shares at an average price of $141.66 for $11.33 million. The insider now directly holds shares of Advanced Micro Devices Inc (AMD).
