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Monday, January 30, 2023

Investing In Advanced Micro Devices Inc. (NASDAQ: AMD): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Advanced Micro Devices Inc. (AMD) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.14, or -0.19%, to $73.25. The Advanced Micro Devices Inc. has recorded 966,685 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed AMD to Present at Wells Fargo’s Technology, Media and Telecommunications Summit.

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Stocks Info

The company is listed on the NASDAQ and operates within the Semiconductors industry segment. At the end of the last regular session, the stock closed at $73.39 and fluctuated between $74.49 as its day high and $72.78 as its day low. The current market capitalization of Advanced Micro Devices Inc. is $116.55B. A total of 51.76 million shares were traded on the day, compared to an average of 84.00M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, AMD has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 10,425 shares. Over the last 12 months, there were 41 BUYs and 59 SELLs from insiders. Insiders purchased 3,897,179 shares during that period but sold 2,160,426.

In the most recent transaction, Bergman Rick sold 3,000 shares of AMD for 75.22 per share on Nov 14. After the transaction, the EVP, Computing & Graphics now owns 158,232 company shares. In a previous transaction on Oct 12, GRASBY PAUL DARREN sold 10,425 shares at 57.45 per share. AMD shares that EVP & CSO owns now total 130,028.

Among the insiders who sold shares, Bergman Rick disposed of 3,000 shares on Aug 23 at a per-share price of $92.39. This resulted in the EVP, Computing & Graphics holding 161,232 shares of AMD after the transaction. In another insider transaction, Su Lisa T sold 125,000 shares at $100.02 per share on Aug 18. Company shares held by the Chairman, President & CEO now total 2,926,985.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for AMD in the last 3 months, the mean price target is $87.63 with high estimates of $200.00 and low estimates of $60.00. In terms of 52-week highs and lows, AMD has a high of $164.46 and a low of $54.57.

As of this writing, AMD has an earnings estimate of $0.68 per share for the current quarter. EPS was calculated based on a consensus of 28 estimates, with a high estimate of $1.07 per share and a lower estimate of $0.53. The company reported an EPS of $1.13 in the last quarter, which was 24.20% higher than expectations of $0.91.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 44 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AMD is Sell with a score of 4.44. A total of 29 analysts rated the stock as Buy while 4 rated it as Overweight while 11 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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