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Advanced Micro Devices Inc (AMD) Stock Could Soon Reward Patient Investors

Advanced Micro Devices Inc (NASDAQ: AMD) is -29.17% lower on its value in year-to-date trading and has touched a low of $76.48 and a high of $187.28 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 $87.50 in the last trading session, with the day’s loss setting it -1.94%.

Currently trading at $85.56, the stock is -11.28% and -15.88% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 33.86 million and changing -2.22% at the moment leaves the stock -35.57% off its SMA200. AMD registered -44.45% loss for a year compared to 6-month loss of -45.20%. The firm has a 50-day simple moving average (SMA 50) of $101.712 and a 200-day simple moving average (SMA200) of $132.79855.

The stock witnessed a -20.14% gain in the last 1 month and extending the period to 3 months gives it a -29.56%, and is -8.39% 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 3.68% over the week and 6.38% over the month.

Advanced Micro Devices Inc (AMD) has around 28000 employees, a market worth around $139.00B and $25.79B in sales. Current P/E ratio is 85.29 and Fwd P/E is 14.11. Profit margin for the company is 6.36%. Distance from 52-week low is 11.87% and -54.31% from its 52-week high. The company has generated returns on investments over the last 12 months (2.75%).

The EPS is expected to grow by 35.32% this year.

Advanced Micro Devices Inc (AMD) Top Institutional Holders

3288.0 institutions hold shares in Advanced Micro Devices Inc (AMD), with institutional investors hold 70.47% of the company’s shares. The shares outstanding are 1.62B, and float is at 1.62B with Short Float at 2.85%. Institutions hold 70.14% 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 Papermaster Mark D, the company’s Chief Technology Officer & EVP. SEC filings show that Papermaster Mark D sold 17,500 shares of the company’s common stock on Apr 15 ’25 at a price of $95.47 per share for a total of $1.67 million. Following the sale, the insider now owns 1.71 million shares.

Still, SEC filings show that on Mar 14 ’25, Papermaster Mark D (Chief Technology Officer & EVP) disposed off 17,500 shares at an average price of $100.27 for $1.75 million. The insider now directly holds 1,713,710 shares of Advanced Micro Devices Inc (AMD).

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