Advanced Micro Devices, Inc. (AMD) Reviewed By Analysts
- Author: Wendy Palmer Mar 10, 2017,
Mar 10, 2017, 0:43
The stock traded between $12.79 and $13.58 on volume of 163.64 million shares traded. Teachers Advisors LLC now owns 10,781,898 shares of the semiconductor manufacturer's stock valued at $74,503,000 after buying an additional 2,448,930 shares in the last quarter.
Bank of America Corporation (NYSE:BAC) reported its EPS in the last quarter as $0.4/Share Topping the analyst estimate of $0.38/Share by the difference of $0.02. Rosenblatt Securities' price objective suggests a potential upside of 26.63% from the company's previous close. (NASDAQ:AMD) rose 1.3% or 0.17 points on Wednesday and made its way into the gainers of the day. Mizuho analysts disclosed their opinion on Advanced Micro Devices, Inc. The call for hold was given by 15 analysts while call for sale was recommended by 3 analysts.
02/01/2017 - Advanced Micro Devices, Inc. had its " rating reiterated by analysts at Sanford C. Bernstein. Studies indicate that the stock prices of firms with significant positive earnings surprises show above-average performance, while those with negative surprises have below-average performance. The current consensus recommendation provided by covering analysts is 2.60. Advanced Micro Devices presently has an average rating of "Hold" and a consensus target price of $9.73. The consensus target price is $2.28 with 2 firms rating the stock a strong buy, 2 brokerages rating the stock a buy, 16 brokerages rating the stock a hold, five analysts rating the company a underperform, and lastly two brokerages rating the company a sell.
Other institutional investors also recently added to or reduced their stakes in the company. After trading began at $13.25 the stock was seen hitting $13.55 as a peak level and $13.1 as the lowest level. Among 7 Analysts, Bottom line EPS Estimate for the current quarter is $-0.08 while the top line estimate is $-0.06, a key information to consider for Day Trading and investing in stocks.
Recent session action on shares of Advanced Micro Devices, Inc. The insider owns 1,617,040 shares which have current market value of around $21086201.6.Mr. Mark D. Papermaster is another major inside shareholder in the company. If you are viewing this news story on another domain, it was illegally copied and reposted in violation of global trademark and copyright legislation. Also, Director Bruce L. Claflin sold 20,000 shares of Advanced Micro Devices stock in a transaction that occurred on Tuesday, January 10th. The shares were sold at an average price of $9.96, for a total transaction of $337,922.88. BlackRock Inc. now owns 528,631 shares of the semiconductor manufacturer's stock valued at $3,653,000 after buying an additional 150,726 shares during the period. Following the completion of the transaction, the senior vice president now owns 400,334 shares in the company, valued at approximately $4,539,787.56. Insiders have sold a total of 45,625,804 shares of company stock worth $620,691,543 over the last ninety days. LLC raised its stake in Advanced Micro Devices by 11.4% in the third quarter. Nationwide Fund Advisors now owns 1,867,494 shares of the semiconductor manufacturer's stock valued at $12,904,000 after buying an additional 21,322 shares during the period.
Advanced Micro Devcies (AMD) is up almost 425% in the past year, and Canaccord sees more gains ahead. The Company is engaged in offering x86 microprocessors, as a standalone central processing unit (CPU) or as incorporated into an accelerated processing unit (APU), chipsets, and discrete graphics processing units (GPUs) for the consumer, commercial and professional graphics markets, and server and embedded CPUs, GPUs and APUs, and semi-custom System-on-Chip (SoC) products and technology for game consoles.