Advanced Micro Devices, Inc. (AMD) SVP Sells $766875.00 in Stock

Yolanda Curtis
September 22, 2017

(NASDAQ:AMD) has risen 202.65% since September 20, 2016 and is uptrending. Coldstream Capital Management Inc. now owns 20,735 shares of the semiconductor manufacturer's stock worth $259,000 after purchasing an additional 60 shares during the last quarter.

Recent session action on shares of Twitter, Inc. CI Investments has an ownership of 1,775,900 stocks of the semiconductor manufacturer's shares valued at $22,163,000 after scooping up an extra 127,800 shares through out the quarter. The stock was unloaded at a price range of of $525,600,000.00, amounting to $21,024,000,000,000,000.00. during the last ninety days, executive have unloaded 42,074,793 stocks of company shares valued $21,024,000,026,654,800. 17,028 Advanced Micro Devices, Inc. Baillie Gifford & Co. acquired a new position in shares of Advanced Micro Devices during the second quarter worth $184,767,000. Su Lisa T also sold $1.98M worth of Advanced Micro Devices, Inc. (NASDAQ:AMD). Patten Gp Incorporated has 0% invested in Advanced Micro Devices, Inc. Potash Corp had 63 analyst reports since August 4, 2015 according to SRatingsIntel. Ny State Common Retirement Fund holds 0.03% in Advanced Micro Devices, Inc.

Passport Capital Llc decreased Advanced Micro Devices Inc (AMD) stake by 53.78% reported in 2016Q4 SEC filing. After a recent check, CEMEX, C.V., (NYSE:CX)'s last month price volatility comes out to be 2.37% which for the week stands at 2.25%. The company has market cap of $12.55 billion. Goldman Sachs Group, Inc. Five equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company's stock. Advanced Micro Devices presently has an average rating of "Hold" and an average target price of $13.89.

On Thursday, August 3rd, Forrest Eugene Norrod sold 104,688 shares of Advanced Micro Devices stock. Spot Trading Limited Liability Company reported 166,838 shares. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. It is positive, as 29 investors sold DST shares while 12 reduced holdings.

Institutional owners hold 71.70% stake while Insiders ownership held at 0.70% in the company. The disclosure for this sale can be found here. Stock has got OUTPERFORM rating from 0 analyst (s) whereas last month 0 analyst (s) have given outperform rating. The short sellers will then buy the stock back at a much lower price and replace the borrowed shares, pocketing the difference. Narrowing in, the stock is at a distance of -13.07% from the 50 day high and 14.72% off of the 50 day low.Covering sell-side analysts have recently weighed in on shares of Advanced Micro Devices, Inc. The value of the investment in Advanced Micro Devices, Inc. increased from $223,000 to $210,000,000 a change of $209,777,000 quarter to quarter.

Trading volume is a gauge of how many times a stock is bought and sold in a given time period (most commonly, within a day of trading, known as the average daily trading volume - ADTV). Utah Retirement Systems who had been investing in Dst Sys Inc Del for a number of months, seems to be bullish on the $3.18 billion market cap company. Advanced Micro Devices also was the recipient of unusually large options trading activity on Monday. The 20-day RSI for MS is 59.92%, which suggests that the stock is not particularly expensive or cheap, and not predisposed to a reactive price movement based on this measure.

On a similar note, analysts expect EPS of $0.05 in September 2017 quarter and $0.02 in December 2017 quarter, representing -150% growth, respectively. Advanced Micro Devices had a negative return on equity of 24.34% and a negative net margin of 11.82%. The company had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.16 billion.

Bank of America Corporation (NYSE:BAC), stock is trading $25.80 above the 52-week high and has displayed a high EPS growth of 182.40% in last 5 years. The business's revenue for the quarter was up 19.0% compared to the same quarter previous year. Annual EPS Growth of past 5 years is -23.70%.

COPYRIGHT VIOLATION WARNING: This article was first posted by TrueBlueTribune and is owned by of TrueBlueTribune. North Star Asset Management Inc. lifted its holdings in Advanced Micro Devices by 1.5% during the 1st quarter.

Other reports by iNewsToday