Advanced Micro Devices, Inc. (AMD) Short Interest Up 1.5% in September

Friday, 13 Oct, 2017

(AMD) opened at 13.88 on Thursday.

The RSI for FIT is indicating that there is room for another 10% rally in the shares ahead of the company's earnings on November 1. The stock traded on unusually shows upbeat performance surged volume of 1.41 Million comparing to the average volume of 7022.43 shares, completing picture of exact trends with uncompleted dots in volume over the norm.

Several other research firms also recently weighed in on AMD. Pacific Crest reaffirmed an "equal weight" rating on shares of Advanced Micro Devices in a report on Tuesday, June 20th. The company has an average rating of "Hold" and an average target price of $12.51. Vetr cut shares of Advanced Micro Devices from a "strong-buy" rating to a "buy" rating and set a $15.16 target price on the a report on Monday, February 6th. (NYSE:EFX). At the time of writing, the First Call consensus price target for the company is $122.92. KeyCorp has 8 buy ratings, 9 holds and 0 sells even after the stock tumbled -5.58% from its high of $19.53 to a $19.84 billion market value through last close. This is the signal from the 100-day MA which is used to monitor changes in stock price.

Traders are paying renewed attention to shares of Advanced Micro Devices Inc. Moreover, Quantres Asset Management Ltd has 2.4% invested in the company for 295,800 shares. Also, SVP James Robert Anderson sold 20,000 shares of the company's stock in a transaction that occurred on Friday, July 28th.

In other news, CFO Devinder Kumar sold 100,634 shares of the business's stock in a transaction dated Wednesday, May 24th. Following the sale, the senior vice president now directly owns 422,363 shares of the company's stock, valued at $5,875,069.33. The disclosure for this sale can be found here.

The stock increased 2.31% or $0.32 during the last trading session, reaching $14.2. Lenox Wealth Management Inc stated it has 0.01% of its portfolio in Advanced Micro Devices, Inc. WOLIN HARRY A sold $597,656 worth of Advanced Micro Devices, Inc. The Alyeska Investment Group Lp holds 82,483 shares with $949,000 value, down from 2.09M last quarter. Neuberger Berman Group LLC grew its holdings in Advanced Micro Devices by 0.4% during the second quarter. Parametric Portfolio Associates LLC's holdings in Advanced Micro Devices were worth $14,288,000 as of its most recent SEC filing. Finally, Bluestein R H & Co. purchased a new stake in Advanced Micro Devices during the first quarter valued at about $146,000. Alyeska Investment Group Lp sold 2.00 million shares as Slm Corp (SLM)'s stock declined 10.63%. The stock of Advanced Micro Devices, Inc.

Advanced Micro Devices, Inc. has a one year low of $4.07 and a one year high of $15.55. In terms of moving averages, the 200-day is now at 0.88, the 50-day is 0.83, and the 7-day is resting at 0.86. The total amount of shares outstanding is 661.17M, giving the company a market capitalization of about 14.78B. The semiconductor manufacturer reported $0.02 EPS for the quarter, topping the Zacks' consensus estimate of ($0.02) by $0.04. During the same quarter in the prior year, the firm earned ($0.05) earnings per share. The company's revenue for the quarter was up 19.0% on a year-over-year basis.

The consensus analysts recommendation at this point stands at 2.70 for Advanced Micro Devices, Inc. Ontario - Canada-based Scotia Capital Inc has invested 0.07% in Advanced Micro Devices, Inc. AMD's total short interest was 149.05M shares in October as published by FINRA.

Currently, the 14-day ADX for Adv Micro Devices (AMD) is sitting at 20.74. The Firm is engaged in offering x86 microprocessors, as standalone devices or as incorporated into 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.