Advanced Micro Devices, Inc. (NASDAQ:AMD)

Joanna Estrada
November 18, 2017

Short shares fell 11,931,083 over that period.

On October 25 Loop Capital maintained a company rating of "Hold" targeting a price of $13.00. Russell Investments Group Ltd. raised its position in shares of Advanced Micro Devices by 3,444.8% in the 2nd quarter.

On Thursday, August 10th, Devinder Kumar sold 39,507 shares of Advanced Micro Devices stock. The shares price has positioned -9.05% down over the past quarter while it has directed -1.40% toward a falling position throughout past six months.

As of the end of the quarter Discovery Capital Management, LLC / Ct had disposed of a total of 300,000 shares trimming its position 10.0%.

The consensus analysts recommendation at this point stands at 2.70 on Advanced Micro Devices, Inc. Over the last week of the month, it was 1.17%, -9.05% over the last quarter, and -1.40% for the past six months. Jefferies Group LLC reaffirmed a buy rating and set a $9.00 price target on shares of Advanced Micro Devices in a report on Wednesday, October 26th. Credit Suisse Group raised the price target of the stock on October 25 changing the forecast from $10.50 to $12.00 with a rating of "Neutral". A composite of 13 technical indicators that includes measures such as moving averages and momentum oscillators suggests that AMD is a Strong sell, which implies that AMD is expected to underperform the market based on prior trading patterns. 23,288,305 shares of the stock were exchanged. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. Following the transaction, the senior vice president now owns 400,334 shares in the company, valued at $4,539,787.56. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Forrest Eugene Norrod sold 27,828 shares of the business's stock in a transaction on Wednesday, December 28th. The shares were sold at an average price of $12.18, for a total value of $1,522,500.00. The stock ended last trade at $51.76 a share and the price is up more than -22.35% so far this year. Over the last 90 days, insiders have sold 1,312,587 shares of company stock valued at $16,030,861. "(NASDAQ:AMD)" was reported by Week Herald and is the sole property of of Week Herald.

ILLEGAL ACTIVITY NOTICE: "Baillie Gifford & Co". If you are accessing this piece on another domain, it was illegally copied and reposted in violation of United States and worldwide copyright law. Finally, Janus Henderson Group PLC raised its stake in Advanced Micro Devices by 3,815.8% in the 2nd quarter. Company insiders own 1.00% of the company's stock.

The stock has advanced 59.12% to a low over the previous 12 months and showed declining move -28.12% to a high over the same period. (NASDAQ:AMD) traded up $0.13 on Friday, hitting $11.38. Considering that the stock daily volume of 31.8 million shares, this represents a pretty noteworthy trading in volume size. The company now has a P/E ratio of N/A and the market value is 11.13B. 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.

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