US Bancorp DE held its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) in a report published on Tuesday. The mean rating score for this stock is at 2.20. US Bancorp DE's holdings in Advanced Micro Devices were worth $137,000 as of its most recent filing with the SEC.
Several hedge funds and other institutional investors have recently made changes to their positions in AMD.
Analysts are also projecting an Average Revenue Estimate for Advanced Micro Devices, Inc.as $1.5 Million in the Current Quarter. Meiji Yasuda Asset Management Co Ltd. purchased a new position in Advanced Micro Devices during the first quarter valued at $148,000. Harbor Advisors LLC purchased a new position in shares of Advanced Micro Devices during the 1st quarter valued at approximately $146,000. The shares were sold at an average price of $525,600,000.00, for a total value of $21,024,000,000,000,000.00.
In related news, SVP James Robert Anderson sold 20,000 shares of the business's stock in a transaction that occurred on Friday, June 23rd. Jefferies Group LLC now has a $19.00 price objective on the semiconductor manufacturer's stock. 17,028 shares were sold by SMITH DARLA M, worth $174,495.
The stock decreased 0.51% or $0.4 during the last trading session, reaching $78.35. The disclosure for this sale can be found here.
The company had seen its current volume reaching at 5.19 million shares in the last trade. Stock value has moved between $24.26 - 34.47 in last one year. Wells Fargo & Company reiterated an outperform rating and issued a $15.00 target price on shares of Advanced Micro Devices in a research note on Friday, June 30th. The rating was maintained by Canaccord Genuity with "Buy" on Thursday, August 25. KBC Group NV grew its stake in Advanced Micro Devices by 16.0% during the second quarter. BMO Capital Markets reissued a "buy" rating and issued a $15.00 price target on shares of Advanced Micro Devices in a report on Monday, June 12th.
The market capitalization (Stock Price Multiply by Total Number of Outstanding Shares) for the company is reported at $12.01B.
The consensus recommendation, according to Zacks Investment research, is 2.3. The Alabama-based Zweig has invested 0.71% in Advanced Micro Devices, Inc. (NASDAQ:AMD). Moreover, Mutual Of America Mngmt Lc has 0.16% invested in Advanced Micro Devices, Inc. (NASDAQ:AMD) has risen 202.65% since September 12, 2016 and is uptrending. The company rocked its 52-Week High of $15.65 and touched its 52-Week Low of $5.66. Latest closing price was -6.14% below its 50-day moving average and -0.26% below its 200-day moving average.
Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings data on Tuesday, July 25th. The business had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.16 billion. Pine River Cap LP holds 0.38% in Advanced Micro Devices, Inc. The company's revenue was up 19.0% compared to the same quarter a year ago. Keeping track of all the different company and global economic news can be head spinning at times. Analysts are turning out to be more optimistic than before, with 10 of analysts who cover Advanced Micro Devices, Inc.
COPYRIGHT VIOLATION WARNING: This article was reported by TrueBlueTribune and is the sole property of of TrueBlueTribune. New York-based Pdts Prns Limited Liability Com has invested 2.54% 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.