Advanced Micro Devices, Inc. (NASDAQ:AMD) registered a -2.26% decrease, still its new closing price is 472.93% up from the company’s 1 year high of 12.42.It posted -0.67% losses in previous 5 sessions and is now the subject of 13 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 2 sells versus 6 buy or better ratings. The 26 stock analysts following this company have an average price target at $9.95, with individual PT in the $4.00-$15.00 range. The shares moved at $10.37, implying that brokerage firms see shares gaining about 384.58% in twelve months time.
Advanced Micro Devices, Inc. (AMD) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -8.55% fall year to date. A SVP & GC at Advanced Micro Devices, Inc. (AMD) offloaded shares in a transaction closed on Sunday January 15, 2017. WOLIN HARRY A sold 33,928 shares in the company at $9.96 each and collected $337,001 in proceeds. WOLIN HARRY A now owns 787,674 shares in the company after this transaction. A SVP & Chief Technology Officer in the company, Papermaster Mark D, disclosed a transaction on Sunday January 15, 2017 that ended up generating $911,000 from the sale of 91,476 shares at $9.96 per share.
Advanced Micro Devices, Inc. (NASDAQ:AMD) Upcoming Results on Tap
Advanced Micro Devices, Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.00 in that period. Sales during the quarter are predicted to arrive at $962.72 million.
Earnings surprise history: Last quarter, the company posted approximately $1.31 billion in revenue and EPS of $0.03. The mean forecast was for $1.21 billion and $0.00 a share, respectively. One quarter earlier, revenue for the stock was at $1.03 billion, with earnings at $-0.05/share.
Advanced Micro Devices, Inc. (AMD) Brokerage Update
Advanced Micro Devices, Inc. (AMD) is in Mizuho’s research list so their analyst rating change is noteworthy. These shares were upgraded to Buy from Neutral by Mizuho, according to news reported on Tuesday December 20, 2016.Another important research note was issued by Morgan Stanley on Thursday December 15, 2016.The firm upgraded AMD to Equal-Weight from Underweight. Over the last six months and over the last three months, the shares of Advanced Micro Devices, Inc. (AMD), have changed 56.17% and 44.03%, respectively.