Is there a Bearish outlook for Advanced Micro Devices, Inc. (NASDAQ:AMD) this week?

May 25, 2018 - By Marie Mckinney

Advanced Micro Devices, Inc. (NASDAQ:AMD) LogoInvestors sentiment decreased to 1.09 in 2017 Q4. Its down 0.42, from 1.51 in 2017Q3. It dropped, as 79 investors sold Advanced Micro Devices, Inc. shares while 108 reduced holdings. 69 funds opened positions while 135 raised stakes. 577.22 million shares or 3.15% more from 559.57 million shares in 2017Q3 were reported.
The Belgium-based Kbc Gru Nv has invested 0.01% in Advanced Micro Devices, Inc. (NASDAQ:AMD). Moreover, Vigilant Capital Limited Liability Company has 0% invested in Advanced Micro Devices, Inc. (NASDAQ:AMD) for 200 shares. Farmers & Merchants Invs Incorporated stated it has 311 shares or 0% of all its holdings. Nomura Asset has 0.01% invested in Advanced Micro Devices, Inc. (NASDAQ:AMD) for 106,249 shares. Wellington Mgmt Grp Llp reported 18.56 million shares stake. Advisory Svcs Limited Company accumulated 17,759 shares. Ls Investment Ltd Com invested in 0.02% or 30,723 shares. Pension Service, a Korea-based fund reported 991,466 shares. 66,420 were accumulated by Bnp Paribas Asset Management. Tiaa Cref Investment Management Limited Liability has 0.08% invested in Advanced Micro Devices, Inc. (NASDAQ:AMD) for 12.25 million shares. California-based Fuller And Thaler Asset has invested 0.19% in Advanced Micro Devices, Inc. (NASDAQ:AMD). Blair William & Il stated it has 16,538 shares. Commonwealth Of Pennsylvania Public School Empls Retrmt System invested in 0.01% or 73,354 shares. Tudor Et Al holds 120,192 shares. Swiss National Bank & Trust holds 0.03% or 2.98 million shares.

Since December 11, 2017, it had 0 buys, and 20 sales for $24.99 million activity. The insider ANDERSON JAMES ROBERT sold 125,000 shares worth $1.60M. $1.20 million worth of Advanced Micro Devices, Inc. (NASDAQ:AMD) was sold by Su Lisa T on Wednesday, March 7. Another trade for 62,500 shares valued at $688,750 was made by Norrod Forrest Eugene on Monday, April 30. Shares for $1.41M were sold by KUMAR DEVINDER. Another trade for 75,046 shares valued at $906,556 was made by WOLIN HARRY A on Monday, January 15.

Advanced Micro Devices, Inc. (NASDAQ:AMD) Ratings Coverage

Among 23 analysts covering Advanced Micro Devices (NASDAQ:AMD), 10 have Buy rating, 4 Sell and 9 Hold. Therefore 43% are positive. Advanced Micro Devices had 35 analyst reports since November 28, 2017 according to SRatingsIntel. Goldman Sachs maintained Advanced Micro Devices, Inc. (NASDAQ:AMD) on Wednesday, November 29 with “Sell” rating. On Wednesday, January 10 the stock rating was maintained by M Partners with “Hold”. On Sunday, April 8 the stock rating was maintained by BMO Capital Markets with “Hold”. The rating was maintained by Wells Fargo on Friday, April 13 with “Buy”. Rosenblatt maintained the stock with “Buy” rating in Thursday, April 19 report. The rating was maintained by Northland Capital with “Buy” on Monday, March 5. The rating was upgraded by Susquehanna to “Neutral” on Wednesday, May 16. The firm has “Hold” rating given on Thursday, April 26 by Bernstein. The firm has “Sell” rating by Morgan Stanley given on Tuesday, January 23. Goldman Sachs maintained the shares of AMD in report on Wednesday, April 11 with “Sell” rating. Below is a list of Advanced Micro Devices, Inc. (NASDAQ:AMD) latest ratings and price target changes.

17/05/2018 Broker: Cowen & Co Rating: Outperform New Target: $18 Initiates Coverage On
16/05/2018 Broker: Susquehanna Old Rating: Negative New Rating: Neutral Upgrade
07/05/2018 Broker: Robert W. Baird Rating: Buy New Target: $20.0000 Maintain
26/04/2018 Broker: Susquehanna Rating: Sell New Target: $8.0000 Maintain
26/04/2018 Broker: Bernstein Rating: Hold New Target: $13.0000 Maintain
26/04/2018 Broker: Robert W. Baird Rating: Buy New Target: $20.0000 Maintain
26/04/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Neutral Old Target: $16 New Target: $13 Maintain
26/04/2018 Broker: Stifel Nicolaus Old Rating: Buy New Rating: Buy Old Target: $13 New Target: $14 Maintain
19/04/2018 Broker: Rosenblatt Rating: Buy New Target: $27.0000 Maintain
20/04/2018 Broker: Bank of America Rating: Buy New Target: $15.0000 Maintain

The stock increased 0.60% or $0.08 during the last trading session, reaching $13.49. About 33.05M shares traded. Advanced Micro Devices, Inc. (NASDAQ:AMD) has declined 27.01% since May 25, 2017 and is downtrending. It has underperformed by 38.56% the S&P500.

Advanced Micro Devices, Inc. operates as a semiconductor firm worldwide. The company has market cap of $13.08 billion. The Company’s primarily offers x86 microprocessors as an accelerated processing unit , 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. It has a 337.25 P/E ratio. The firm provides x86 microprocessors for desktop PCs under the AMD A-Series, AMD E-Series, AMD FX CPU, AMD Athlon CPU and APU, AMD Sempron APU and CPU, and AMD Pro A-Series APU brands; and microprocessors for notebook and 2-in-1s under the AMD A-Series, AMD E-Series, AMD C-Series, AMD Z-Series, AMD FX APU, AMD Phenom, AMD Athlon CPU and APU, AMD Turion, and AMD Sempron APU and CPU brand names.

More notable recent Advanced Micro Devices, Inc. (NASDAQ:AMD) news were published by: Seekingalpha.com which released: “AMD: Is Growth About To Collapse?” on May 14, 2018, also Seekingalpha.com with their article: “AMD: Ready For Server Outperformance?” published on May 23, 2018, Nasdaq.com published: “5 Top Stock Trades for Friday Morning” on May 24, 2018. More interesting news about Advanced Micro Devices, Inc. (NASDAQ:AMD) were released by: Globenewswire.com and their article: “AMD to Present at Upcoming Financial Conferences” published on May 03, 2018 as well as Seekingalpha.com‘s news article titled: “Susquehanna upgrades AMD; shares +3.3% (update)” with publication date: May 16, 2018.

Advanced Micro Devices, Inc. (NASDAQ:AMD) Institutional Positions Chart

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