Advanced Micro Devices, Inc. (NASDAQ:AMD) CEO Lisa T. Su sold 100,000 shares of the stock in a transaction on Wednesday, March 7th. The shares were sold at an average price of $12.00, for a total value of $1,200,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Advanced Micro Devices, Inc. (NASDAQ:AMD) traded down $0.27 during trading hours on Friday, hitting $11.70. 89,430,410 shares of the stock were exchanged, compared to its average volume of 63,520,000. The company has a quick ratio of 1.27, a current ratio of 1.76 and a debt-to-equity ratio of 2.17. Advanced Micro Devices, Inc. has a 52 week low of $9.70 and a 52 week high of $15.65. The company has a market capitalization of $11,080.00, a PE ratio of -13.93, a P/E/G ratio of 5.17 and a beta of 2.73.
Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings data on Tuesday, January 30th. The semiconductor manufacturer reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.04. Advanced Micro Devices had a net margin of 0.81% and a return on equity of 16.76%. The firm had revenue of $1.48 billion during the quarter, compared to analysts’ expectations of $1.40 billion. During the same quarter in the previous year, the company posted ($0.01) EPS. Advanced Micro Devices’s revenue was up 33.8% on a year-over-year basis. analysts anticipate that Advanced Micro Devices, Inc. will post 0.3 earnings per share for the current fiscal year.
Several analysts recently issued reports on the company. Vetr lowered Advanced Micro Devices from a “strong-buy” rating to a “buy” rating and set a $13.62 price objective for the company. in a report on Thursday. Credit Suisse Group increased their price objective on Advanced Micro Devices from $12.00 to $13.50 and gave the stock a “neutral” rating in a report on Wednesday, January 31st. MKM Partners increased their target price on shares of Advanced Micro Devices from $13.00 to $14.50 and gave the stock a “buy” rating in a research report on Monday, January 29th. Zacks Investment Research downgraded shares of Advanced Micro Devices from a “buy” rating to a “hold” rating in a research report on Monday, February 5th. Finally, ValuEngine downgraded shares of Advanced Micro Devices from a “hold” rating to a “sell” rating in a research report on Wednesday. Five analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and thirteen have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $14.88.
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About Advanced Micro Devices
Advanced Micro Devices, Inc is a global semiconductor company. The Company is engaged in offering x86 microprocessors, as standalone devices or as incorporated into an accelerated processing unit (APU), chipsets, discrete graphics processing units (GPUs) and professional graphics, and server and embedded processors and semi-custom System-on-Chip (SoC) products and technology for game consoles.
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