Stock's Earnings Activity: Advanced Micro Devices, Inc. (NASDAQ:AMD)

Doris Richards
November 28, 2017

Regal Investment Advisors LLC acquired a new stake in shares of Advanced Micro Devices in the second quarter worth approximately $137,000.

TRADEMARK VIOLATION NOTICE: "Advanced Micro Devices, Inc". $825,625 worth of Advanced Micro Devices, Inc. During the last month, the stock has changed 6.78% and performed 39.78% over the last 6 months.

Zooming in on the numbers for Adv Micro Devices (AMD), we have spotted the 21 day Wilder Moving Average below the 50 day SMA.

Criterion Capital Management Llc decreased Broadcom Ltd stake by 7,702 shares to 75,568 valued at $17.61M in 2017Q2.

If we look at the Volatility of Advanced Micro Devices, Inc. Jump Trading Llc sold 40,214 shares as Advanced Micro Devices Inc (AMD)'s stock declined 13.10%. (NASDAQ:AMD) has seen its stock price gain 0.04, or +0.35%, so far in 2017. This nets out to an increase of 10.06 million shares and is a bullish sign for AMD. (NASDAQ:AMD) shares. 162,500 Advanced Micro Devices, Inc. (AMD.DE) have a 7-day moving average of 9.68.


Traders often prefer to focus on stocks that are higher in volatility. The semiconductor manufacturer reported ($0.04) earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of ($0.04).

According to 18 stock analysts, United Continental Holdings, Inc., is being kept at an average Outperform, rating, with at least 3.79% of shares outstanding that are now legally short sold.

Quarterly Revenue Growth on year-over-year basis stands at 25.7 percent. They expect $-0.38 EPS, up 56.32% or $0.49 from last year's $-0.87 per share.

For the ongoing Fiscal Quarter, 24 analysts have an average earnings forecast of $0.05 per share.

A number of research firms have recently commented on AMD. Canaccord Genuity reiterated a "buy" rating and issued a $20.00 price target on shares of Advanced Micro Devices in a research report on Tuesday, August 15th. Susquehanna Bancshares Inc reaffirmed a "neutral" rating and set a $15.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, September 20th. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a certain period of time. Finally, Rosenblatt Securities reiterated a "buy" rating on shares of Advanced Micro Devices in a research report on Wednesday, August 23rd. They issued a "buy" rating and a $14.50 target price for the company. Jefferies Group LLC reissued a "buy" rating and issued a $11.12 price objective (down previously from $19.00) on shares of Advanced Micro Devices in a research report on Friday, November 10th. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. Of those analysts, 10 rate stock as a Strong Buy, 8 rate it as Hold, and just no analyst rates it as a Moderate Sell. (AMD)'s shares. The total value of these holdings, in millions, is $6,650. The shares were sold at an average price of $12.27, for a total value of $766,875.00. The institutional investor owned 218,965 shares of the semiconductor manufacturer's stock after selling 265,181 shares during the quarter. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the past quarter, the average daily trading volume stood at about 5.48 million shares per day. In the last three months, insiders have sold 1,161,264 shares of company stock valued at $14,093,169. The disclosure for this sale can be found here. About 37.23 million shares traded. Friess Limited Liability Company owns 1.56% invested in Advanced Micro Devices, Inc. Valley National Advisers invested 0% of its portfolio in Advanced Micro Devices, Inc. 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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