Loop Capital Reiterates Hold Rating for Advanced Micro Devices, Inc. (NASDAQ:AMD)

Advanced Micro Devices (NASDAQ:AMD) last released its earnings results on Thursday, October 20th. Investors may get complacent with stocks that they are familiar with. Jefferies Group LLC reaffirmed a "buy" rating and set a $19.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, October 25th.

Several other large investors have also added to or reduced their stakes in the company. According to these analysts, the Low Revenue Estimate for Advanced Micro Devices, 1.2 Billion and the High Revenue Estimate is 1.51 Billion. Likewise, the downbeat performance for the last quarter was -17.20% and for the full year it was 65.97%. Now it is offering a dividend yield of 0.00% and a 5 year dividend growth rate of 0.00%. Janus Henderson Group PLC now owns 3,833,805 shares of the semiconductor manufacturer's stock valued at $47,845,000 after buying an additional 3,735,900 shares in the last quarter. The consensus recommendation for stock is 2.70. KBC Group NV now owns 106,877 shares of the semiconductor manufacturer's stock valued at $1,334,000 after acquiring an additional 14,715 shares during the last quarter. K.J. Harrison & Partners Inc purchased a new stake in shares of Advanced Micro Devices during the second quarter valued at approximately $257,000. (The) set a $11.00 price target on Advanced Micro Devices and gave the stock a "sell" rating in a research note on Wednesday, July 26th. (NASDAQ:AMD) shares surged 5.4 percent in Monday's premarket session, while Nvidia shares dropped 1 percent. ADX calculations are made based on the moving average price range expansion over a specified amount of time. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.70 and a quick ratio of 1.20.

Advanced Micro Devices, Inc is a global semiconductor company. Goldman Sachs Group, Inc.

Shares of Advanced Micro Devices (NASDAQ AMD) traded up $0.61 on Wednesday, reaching $11.73. Finally, Stifel Nicolaus reiterated a "hold" rating and set a $13.00 target price on shares of Advanced Micro Devices in a report on Friday, July 28th. The mean rating score for this stock is at 3.10.

Some buy side analysts are also providing their Analysis on Advanced Micro Devices, Inc., where 6 analysts have rated the stock as Strong buy, 5 analysts have given a Buy signal, 15 said it's a HOLD, 4 reported it as Underperform and 1 analysts rated the stock as Sell. The Stock now has a Weekly Volatility of 4.86% and Monthly Volatility of 3.56%.

In other Advanced Micro Devices news, insider Darla M. Smith sold 27,288 shares of the stock in a transaction that occurred on Wednesday, November 1st. Zacks Investment Research's target price points to a potential downside of 8.39% from the stock's previous close. Following the transaction, the insider now owns 34,934 shares in the company, valued at $448,901.90. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. However, the institutional investors are observed to own 68.50% of the total shares. The disclosure for this sale can be found here. The company moved in the past week with shift of -6.08%. Institutional investors own 44.28% of the company's stock.

COPYRIGHT VIOLATION NOTICE: This report was first posted by StockNewsTimes and is the property of of StockNewsTimes. The correct version of this piece can be accessed at The Company is engaged in offering x86 microprocessors, as a standalone central processing unit (CPU) or as incorporated into an accelerated processing unit (APU), chipsets, and discrete graphics processing units (GPUs) for the consumer, commercial and professional graphics markets, and server and embedded CPUs, GPUs and APUs, and semi-custom System-on-Chip (SoC) products and technology for game consoles.

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