Advanced micro-devices (NASDAQ: AMD)BMO stock had its âholdâ rating reissued by BMO Capital Markets analysts in a report released Friday, AnalystRatings.com reports.
Other stock analysts have also published research reports on the stock. Benchmark increased its price target on the Advanced Micro Devices stock from $ 110.00 to $ 145.00 and gave the stock a “buy” rating in a report released Wednesday. Wedbush reiterated an “outperformance” rating and posted a price target of $ 140.00 on shares of Advanced Micro Devices in a report released Wednesday. Truist Securities raised its price target for Advanced Micro Devices stock from $ 102.00 to $ 128.00 and assigned the stock a “conservation” rating in a report released Wednesday. Rosenblatt Securities raised its price target for Advanced Micro Devices stock from $ 150.00 to $ 180.00 and gave the stock a “buy” rating in a report released Wednesday. Finally, Northland Securities raised its price target on the Advanced Micro Devices stock from $ 116.00 to $ 125 and rated the stock as “outperforming” in a report released on Wednesday, July 28. One analyst assigned a sell rating to the stock, ten assigned a conservation rating and twenty-one assigned a buy rating to the company. According to data from MarketBeat.com, Advanced Micro Devices has a consensus rating of “Buy” and a consensus price target of $ 131.36.
NASDAQ: AMD opened for $ 121.16 on Friday. The company has a debt ratio of 0.04, a current ratio of 2.70, and a quick ratio of 2.09. The company has a market cap of $ 146.96 billion, a price / earnings ratio of 43.27, a price / earnings-growth ratio of 1.04, and a beta of 2.01. The company’s fifty-day simple moving average is $ 106.69. Advanced Micro Devices has a twelve month low of $ 72.50 and a twelve month high of $ 128.08.
Advanced Micro Devices (NASDAQ: AMD) last released its results on Monday, October 25. The semiconductor maker reported earnings per share of $ 0.73 for the quarter, beating the consensus estimate of $ 0.67 by Thomson Reuters by $ 0.06. The company posted revenue of $ 4.31 billion for the quarter, compared to $ 4.11 billion according to analysts’ estimates. Advanced Micro Devices recorded a net margin of 25.76% and a return on equity of 39.20%. The company’s quarterly revenue increased 54.0% year-over-year. In the same quarter of the previous year, the company posted EPS of $ 0.35. Equity research analysts predict that Advanced Micro Devices will post an EPS of 2.27 for the current year.
In other news from Advanced Micro Devices, EVP Rick bergman sold 2,000 shares of the company in a transaction dated Tuesday, August 24. The shares were sold at an average price of $ 109.43, for a total value of $ 218,860.00. After the transaction closes, the Executive Vice President now owns 93,988 shares of the company, valued at approximately $ 10,285,106.84. The transaction was disclosed in a legal file with the SEC, which is available through the SEC website. Also, CEO Lisa T. Su sold 125,000 shares of the company in a transaction dated Tuesday, August 24. The stock was sold at an average price of $ 108.08, for a total transaction of $ 13,510,000.00. Following the closing of the transaction, the CEO now owns 2,816,603 shares of the company, valued at approximately $ 304,418,452.24. Disclosure of this sale can be found here. In the past ninety days, insiders have sold 408,920 shares of the company valued at $ 44,036,202. Insiders own 1.00% of the shares of the company.
Institutional investors recently bought and sold shares in the company. Centaurus Financial Inc. increased its holdings of shares of Advanced Micro Devices by 7.3% in the second quarter. Centaurus Financial Inc. now owns 24,965 shares of the semiconductor maker valued at $ 2,345,000 after acquiring 1,698 additional shares in the last quarter. Mutual of America Capital Management LLC increased its holdings of Advanced Micro Devices shares by 1.5% in the second quarter. Mutual of America Capital Management LLC now owns 158,453 shares of the semiconductor maker valued at $ 14,883,000 after acquiring 2,391 additional shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its holdings of Advanced Micro Devices shares by 13.5% in the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 224,099 shares of the semiconductor maker valued at $ 21,050,000 after acquiring an additional 26,728 shares in the last quarter. Virtu Financial LLC purchased a new position in shares of Advanced Micro Devices in the first quarter valued at approximately $ 4,365,000. Finally, Rheos Capital Works Inc. purchased a new position in shares of Advanced Micro Devices in the second quarter valued at approximately $ 18,974,000. Institutional investors and hedge funds hold 66.49% of the company’s shares.
About advanced micro-devices
Advanced Micro Devices, Inc. engages in the supply of semiconductor companies. It operates through the following segments: IT and Graphics, and Enterprise, Embedded and Semi-Custom. The Computing & Graphics segment includes desktop and laptop processors and chipsets, discrete and integrated graphics processing units, professional data centers and GPUs, and development services.
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