Advanced Micro Devices, Inc. (NASDAQ:AMD) CEO Lisa T. Su sold 429,497 shares of the stock in a transaction on Monday, August 12th. The shares were sold at an average price of $33.53, for a total transaction of $14,401,034.41. Following the transaction, the chief executive officer now owns 3,231,764 shares in the company, valued at $108,361,046.92. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
Shares of AMD stock traded down $0.32 during trading hours on Tuesday, reaching $32.11. The stock had a trading volume of 98,213,619 shares, compared to its average volume of 75,107,453. The company has a quick ratio of 1.52, a current ratio of 2.08 and a debt-to-equity ratio of 0.54. Advanced Micro Devices, Inc. has a twelve month low of $16.03 and a twelve month high of $35.55. The company’s 50-day simple moving average is $32.04. The company has a market cap of $37.11 billion, a price-to-earnings ratio of 91.74, a PEG ratio of 2.91 and a beta of 3.06.
Advanced Micro Devices (NASDAQ:AMD) last released its earnings results on Tuesday, July 30th. The semiconductor manufacturer reported $0.08 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.08. The firm had revenue of $1.53 billion for the quarter, compared to analysts’ expectations of $1.52 billion. Advanced Micro Devices had a net margin of 3.25% and a return on equity of 16.04%. Advanced Micro Devices’s quarterly revenue was down 12.8% on a year-over-year basis. During the same quarter last year, the company earned $0.14 EPS. Analysts predict that Advanced Micro Devices, Inc. will post 0.5 EPS for the current year.
A number of analysts have weighed in on AMD shares. Craig Hallum cut shares of Advanced Micro Devices from a “buy” rating to a “hold” rating and set a $33.00 target price on the stock. in a report on Wednesday, July 31st. JPMorgan Chase & Co. increased their target price on shares of Advanced Micro Devices from $25.00 to $33.00 and gave the stock a “neutral” rating in a report on Wednesday, July 31st. Citigroup set a $8.00 target price on shares of Advanced Micro Devices and gave the stock a “sell” rating in a report on Wednesday, July 31st. Loop Capital started coverage on shares of Advanced Micro Devices in a report on Monday. They set a “hold” rating and a $32.00 target price on the stock. Finally, Morgan Stanley increased their target price on shares of Advanced Micro Devices from $28.00 to $30.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 31st. Two analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and thirteen have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $31.54.
Advanced Micro Devices Company Profile
Advanced Micro Devices, Inc operates as a semiconductor company worldwide. The company operates in two segments, Computing and Graphics; and Enterprise, Embedded and Semi-Custom. Its products include x86 microprocessors as an accelerated processing unit (APU), chipsets, discrete and integrated graphics processing units (GPUs), and professional GPUs; and server and embedded processors, and semi-custom System-on-Chip (SoC) products and technology for game consoles.
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