Advanced Micro Devices Inc (NASDAQ: AMD) is -1.07% lower on its value in year-to-date trading and has touched a low of $112.80 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 $114.27 in the last trading session, with the day’s gains setting it 5.23%.
Currently trading at $119.50, the stock is -0.21% and -5.41% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 56.39 million and changing 4.58% at the moment leaves the stock -19.01% off its SMA200. AMD registered -29.90% loss for a year compared to 6-month loss of -9.81%. The firm has a 50-day simple moving average (SMA 50) of $126.7296 and a 200-day simple moving average (SMA200) of $147.72556.
The stock witnessed a -0.94% gain in the last 1 month and extending the period to 3 months gives it a -17.05%, and is 4.67% 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 3.19% over the week and 3.08% over the month.
Advanced Micro Devices Inc (AMD) has around 26000 employees, a market worth around $193.93B and $24.30B in sales. Current P/E ratio is 106.90 and Fwd P/E is 17.48. Profit margin for the company is 7.52%. Distance from 52-week low is 5.94% and -47.43% from its 52-week high. The company has generated returns on investments over the last 12 months (3.08%).
with sales reaching $6.99B over the same period.The EPS is expected to grow by 49.76% this year, but quarterly earnings will post 24.33% year-over-year. Quarterly sales are estimated to grow 27.70% in year-over-year returns.
Advanced Micro Devices Inc (AMD) Top Institutional Holders
3329.0 institutions hold shares in Advanced Micro Devices Inc (AMD), with institutional investors hold 72.52% of the company’s shares. The shares outstanding are 1.62B, and float is at 1.61B with Short Float at 3.65%. Institutions hold 72.17% 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 8.8951% 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 7.8718 of the shares outstanding. The other top investors are STATE STREET CORP which holds 68.59 million shares representing 4.1413% and valued at over $11.13 billion, while JPMORGAN CHASE & CO holds 2.425 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 76,496 shares of the company’s common stock on Dec 04 ’24 at a price of $142.66 per share for a total of $10.91 million. Following the sale, the insider now owns 3.57 million shares.
Still, SEC filings show that on Nov 06 ’24, Su Lisa T (Chair, President & CEO) disposed off 80,000 shares at an average price of $143.87 for $11.51 million. The insider now directly holds 3,566,762 shares of Advanced Micro Devices Inc (AMD).
