Advanced Micro Devices (NASDAQ:AMD) Earns Daily Coverage Optimism Score of 0.15

Headlines about Advanced Micro Devices (NASDAQ:AMD) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Advanced Micro Devices earned a news impact score of 0.15 on Accern’s scale. Accern also assigned media stories about the semiconductor manufacturer an impact score of 44.6580652329044 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

These are some of the news articles that may have impacted Accern’s rankings:

Several research analysts have recently weighed in on AMD shares. BidaskClub raised shares of Advanced Micro Devices from a “sell” rating to a “hold” rating in a report on Friday, January 5th. Macquarie raised shares of Advanced Micro Devices from an “underperform” rating to a “neutral” rating and upped their price target for the stock from $10.29 to $10.47 in a report on Monday, December 18th. Goldman Sachs Group dropped their target price on shares of Advanced Micro Devices from $11.40 to $10.40 and set a “sell” rating for the company in a report on Wednesday, November 29th. Mizuho restated a “buy” rating and issued a $17.00 price objective on shares of Advanced Micro Devices in a report on Tuesday, November 28th. Finally, Bank of America restated a “buy” rating and issued a $18.00 price objective on shares of Advanced Micro Devices in a report on Tuesday, November 14th. Four analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $14.73.

Advanced Micro Devices (NASDAQ AMD) opened at $11.96 on Thursday. The firm has a market cap of $11,540.00, a price-to-earnings ratio of -149.50, a P/E/G ratio of 6.19 and a beta of 2.47. Advanced Micro Devices has a one year low of $9.42 and a one year high of $15.65. The company has a debt-to-equity ratio of 2.61, a quick ratio of 1.20 and a current ratio of 1.70.

In other Advanced Micro Devices news, SVP James Robert Anderson sold 75,000 shares of the company’s stock in a transaction dated Monday, December 11th. The shares were sold at an average price of $10.00, for a total value of $750,000.00. Following the transaction, the senior vice president now directly owns 473,773 shares in the company, valued at approximately $4,737,730. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Darla M. Smith sold 27,288 shares of the company’s stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $11.13, for a total transaction of $303,715.44. Following the completion of the transaction, the insider now owns 31,236 shares in the company, valued at $347,656.68. The disclosure for this sale can be found here. In the last quarter, insiders sold 1,394,194 shares of company stock worth $15,466,937. Corporate insiders own 1.60% of the company’s stock.

WARNING: This article was originally reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this article on another site, it was copied illegally and republished in violation of United States & international copyright and trademark laws. The legal version of this article can be read at https://www.dispatchtribunal.com/2018/01/11/somewhat-positive-press-coverage-somewhat-unlikely-to-impact-advanced-micro-devices-amd-stock-price.html.

Advanced Micro Devices Company Profile

Advanced Micro Devices, Inc is a global semiconductor company. The Company is engaged in offering x86 microprocessors, as standalone devices or as incorporated into an accelerated processing unit (APU), chipsets, discrete graphics processing units (GPUs) and professional graphics, and server and embedded processors and semi-custom System-on-Chip (SoC) products and technology for game consoles.

Insider Buying and Selling by Quarter for Advanced Micro Devices (NASDAQ:AMD)

Receive News & Ratings for Advanced Micro Devices Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advanced Micro Devices and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply