Are Things Looking Up For Advanced Micro Devices Inc. (NASDAQ: AMD)?

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. Yahoo Finance discussed the stock recently as it posted AMD to Report Fiscal Fourth Quarter and Full Year 2023 Financial Results.

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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 $158.74 and fluctuated between $159.71 as its day high and $149.98 as its day low. The current market capitalization of Advanced Micro Devices Inc. is $256.44B. A total of 111.87 million shares were traded on the day, compared to an average of 57.95M 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 1 BUY and 6 SELL insider trades, representing the acquisition of 75,000 and the disposition of 99,829 shares. Over the last 12 months, there were 45 BUYs and 81 SELLs from insiders. Insiders purchased 2,281,370 shares during that period but sold 1,988,777.

In the most recent transaction, SMITH DARLA M sold 4,000 shares of AMD for 125.69 per share on Dec 07. After the transaction, the Chief Accounting Officer now owns 5,604 company shares. In a previous transaction on Dec 05, Su Lisa T sold 75,000 shares at 117.73 per share. AMD shares that Chair, President & CEO owns now total 3,347,640.

Among the insiders who sold shares, Su Lisa T disposed of 75,000 shares on Nov 07 at a per-share price of $113.32. This resulted in the Chair, President & CEO holding 3,358,721 shares of AMD after the transaction. In another insider transaction, GRASBY PAUL DARREN sold 13,000 shares at $113.44 per share on Nov 07. Company shares held by the EVP Strategic Partnerships now total 90,663.

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 $147.75 with high estimates of $205.00 and low estimates of $100.00. In terms of 52-week highs and lows, AMD has a high of $151.05 and a low of $67.26.

As of this writing, AMD has an earnings estimate of $GraniteShares 1x Short AMD Dail per share for the current quarter. EPS was calculated based on a consensus of Advanced Micro Devices, Inc. estimates, with a high estimate of $AMD/BRX per share and a lower estimate of $AMC Entertainment Holdings, Inc.

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. AMD’s latest balance sheet shows that the firm has $3.61B in Cash & Short Term Investments as of fiscal 2021. There were $661.00M in debt and $4.24B in liabilities at the time. Its Book Value Per Share was $34.04, while its Total Shareholder’s Equity was $7.50B.

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, 0 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 Buy with a score of 4.63.

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