Advanced Micro Devices, Inc. (NASDAQ:AMD) CEO Lisa T. Su sold 125,000 shares of Advanced Micro Devices stock in a transaction that occurred on Tuesday, June 8th. The stock was sold at an average price of $81.08, for a total value of $10,135,000.00. Following the transaction, the chief executive officer now directly owns 2,557,852 shares in the company, valued at approximately $207,390,640.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
AMD stock opened at $81.56 on Friday. The company has a 50 day moving average of $79.73. The stock has a market cap of $99.10 billion, a price-to-earnings ratio of 34.71, a P/E/G ratio of 1.22 and a beta of 2.04. The company has a current ratio of 2.51, a quick ratio of 1.94 and a debt-to-equity ratio of 0.05. Advanced Micro Devices, Inc. has a 1 year low of $48.42 and a 1 year high of $99.23.
Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Monday, April 26th. The semiconductor manufacturer reported $0.52 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.44 by $0.08. The business had revenue of $3.45 billion for the quarter, compared to the consensus estimate of $3.20 billion. Advanced Micro Devices had a return on equity of 35.31% and a net margin of 25.24%. The business’s revenue was up 92.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.18 earnings per share. On average, analysts anticipate that Advanced Micro Devices, Inc. will post 1.9 EPS for the current year.
A number of equities analysts have recently commented on AMD shares. Westpark Capital began coverage on shares of Advanced Micro Devices in a report on Tuesday, May 25th. They issued a “buy” rating on the stock. Benchmark began coverage on shares of Advanced Micro Devices in a report on Friday, May 28th. They issued a “buy” rating and a $100.00 target price for the company. Susquehanna Bancshares raised their price target on Advanced Micro Devices from $115.00 to $125.00 and gave the stock a “positive” rating in a report on Wednesday, April 28th. Raymond James increased their price objective on Advanced Micro Devices from $100.00 to $110.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 28th. Finally, Mizuho boosted their target price on Advanced Micro Devices from $105.00 to $107.00 and gave the company a “buy” rating in a report on Wednesday, April 28th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and twenty-two have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $96.74.
About Advanced Micro Devices
Advanced Micro Devices, Inc operates as a semiconductor company worldwide. The company operates in two segments, Computing and Graphics; and Enterprise, Embedded and Semi-Custom. Its products include x86 microprocessors as an accelerated processing unit, chipsets, discrete and integrated graphics processing units (GPUs), data center and professional GPUs, and development services; and server and embedded processors, and semi-custom System-on-Chip (SoC) products, development services, and technology for game consoles.
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