Advanced Micro Devices, Inc. (AMD) SVP Mark D. Papermaster Sells 150000 Shares

Mindy Sparks
April 14, 2018

Bnp Paribas Arbitrage Sa accumulated 1.25 million shs or 0.02% of the stock. About 37.23 million shares traded. Since April 14, 2017 AMD has declined 27.01% and is downtrending. (NASDAQ:AMD) are 0.6%; -13.4% for the month; -15.72% for the last quarter; -26.42% for the past six-months; and -23.05% for the last 12 months.The current price is staying below the SMA lines which signify weakens and is generally unhealthy/negative and may provide the momentum for driving the share price lower. In the last quarter, insiders sold 1,158,620 shares of company stock valued at $13,933,528. The hedge fund run by Rob Citrone held 16.29M shares of the technology company at the end of 2017Q4, valued at $167.49 million, up from 2.70M at the end of the previous reported quarter.

Raymond James & Associates decreased its position in Advanced Micro Devices, Inc. Based on an average trading volume of 57,325,490 shares, the days-to-cover ratio is now 3.2 days. The business's revenue was up 33.8% compared to the same quarter last year. research analysts expect that Advanced Micro Devices will post 0.32 EPS for the current year. Finally, Argus upgraded Advanced Micro Devices from a "hold" rating to a "buy" rating and boosted their target price for the company from $13.74 to $18.00 in a research note on Thursday, February 1st. AMD underperformed the S&P 500 by 38.56%.

Analysts have a mean recommendation of 2.10 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Therefore 42% are positive. Advanced Micro Devices had a return on equity of 16.76% and a net margin of 0.81%. As per Monday, November 6, the company rating was maintained by Rosenblatt. The stock has "Neutral" rating by Credit Suisse on Wednesday, October 25. The company rating was maintained by Barclays Capital on Wednesday, October 25. Also, the Hold rating count is 12 as of 04/12/18. As per Friday, March 2, the company rating was maintained by Northcoast. The firm has "Buy" rating by M Partners given on Monday, January 29. M Partners maintained it with "Hold" rating and $13.0 target in Wednesday, January 10 report. (NASDAQ:AMD) has "Buy" rating given by Canaccord Genuity. On Wednesday, October 25 the firm has "Buy" rating by Jefferies given.

In other news, SVP Harry A. Wolin sold 75,046 shares of the business's stock in a transaction on Tuesday, January 16th.

In other news, SVP Mark D. Papermaster sold 150,000 shares of the stock in a transaction that occurred on Thursday, March 15th. On Tuesday, January 23 the firm has "Sell" rating given by Morgan Stanley. (NASDAQ:AMD) was sold by ANDERSON JAMES ROBERT.

Discovery Capital Management Llc, which manages about $37.50 billion and $3.23B US Long portfolio, decreased its stake in Peabody Energy Corp New by 4.15M shares to 4.98 million shares, valued at $195.92M in 2017Q4, according to the filing. Its up 409.43% from 5,300 shares previously. It's down -0.42, from 1.51 in 2017Q3. Hsbc Holding Public invested in 780,390 shs. 91 funds opened positions while 174 raised stakes. Cleararc Inc holds 20,866 shs or 0.03% of its capital. Provise Mngmt Gp Ltd Co reported 0.03% in Fastenal Company (NASDAQ:FAST). Following the sale, the senior vice president now owns 688,116 shares in the company, valued at $6,110,470.08. Thomas Story & Son Lc has 80,719 shares. Citizens Financial Group, Inc. Institutions purchase large blocks of a company's outstanding shares and can exert considerable influence upon its management. (NASDAQ:AMD). Oakbrook Invests Limited Liability Com holds 82,630 shares or 0.05% of its portfolio. Mairs Power Incorporated stated it has 2.98M shares.

Investors sentiment decreased to 1.09 in 2017 Q4. The ratio dropped due to Advanced Micro Devices, Inc. positioning: 79 sold and 108 reduced. 69 funds acquired positions and 135 increased positions. Funds hold 577.22 million shares thus 3.15% more from 2017Q3's 559.57 million shares. (NASDAQ:AMD). National Bank Hapoalim Bm accumulated 71,476 shares. Outstanding shares refer to a company's stock now held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders. Cornerstone Capital Management Holdings LLC. now owns 138,151 shares of the semiconductor manufacturer's stock valued at $1,760,000 after purchasing an additional 5,148 shares in the last quarter.

Analysts on average have given a price target of $14.24 to Advanced Micro Devices, Inc. (NASDAQ:AMD) for 59,453 shares. Given the importance of identifying companies that will ensure earnings per share at a high rate, we later obsession to umpire how to determine which companies will achieve high amassing standards. Wright Serv stated it has 20,368 shares or 0.07% of all its holdings. Discovery Capital Management Llc who had been investing in Advanced Micro Devices Inc for a number of months, seems to be bullish on the $9.62B market cap company. Moors Cabot has 19,250 shares for 0.03% of their portfolio. Virtus Investment Advisers reported 17,719 shares. Nomura Asset Management Co. 752,500 are owned by Brigade Cap Mngmt Limited Partnership. Fjarde Ap invested in 0.04% or 234,671 shares. 92,153 are held by Meag Munich Ergo Kapitalanlagegesellschaft Mbh.

Since October 27, 2017, it had 0 buys, and 17 sales for $19.84 million activity. KUMAR DEVINDER sold $1.41M worth of Advanced Micro Devices, Inc. On Wednesday, February 14 the insider Su Lisa T sold $2.18M.

Other reports by Iphone Fresh

Discuss This Article