Advanced Micro Devices (AMD) Given Media Impact Score of 0.14
Media coverage about Advanced Micro Devices (NASDAQ:AMD) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Advanced Micro Devices earned a coverage optimism score of 0.14 on Accern’s scale. Accern also assigned media coverage about the semiconductor manufacturer an impact score of 45.825819164021 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news stories that may have effected Accern Sentiment’s rankings:
- Advanced Micro Devices, Inc. (AMD) Launches Ryzen Threadripper 1950X and Ryzen Threadripper 1920X (smarteranalyst.com)
- AMD’s Super Chip, the Threadripper, Arrives to Rave Reviews (finance.yahoo.com)
- Nvidia: Shares Sink Despite Earnings Beat (finance.yahoo.com)
- Thursday’s Vital Data: Walt Disney Co (DIS), Netflix, Inc. (NFLX) and Advanced Micro Devices, Inc. (AMD) – Investorplace.com (investorplace.com)
- AMD: Investors Look To Exit As Traders Ready Shorts – Seeking Alpha (seekingalpha.com)
Advanced Micro Devices (AMD) traded down 5.53% on Thursday, reaching $12.12. 83,113,365 shares of the company traded hands. The stock’s market capitalization is $11.47 billion. Advanced Micro Devices has a one year low of $5.66 and a one year high of $15.65. The firm has a 50 day moving average of $13.53 and a 200-day moving average of $12.83.
Advanced Micro Devices (NASDAQ:AMD) last released its earnings results on Tuesday, July 25th. The semiconductor manufacturer reported $0.02 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.04. The business had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.16 billion. Advanced Micro Devices had a negative net margin of 11.82% and a negative return on equity of 24.34%. The company’s revenue for the quarter was up 19.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.05) EPS. On average, analysts anticipate that Advanced Micro Devices will post $0.10 EPS for the current year.
A number of equities analysts have recently commented on AMD shares. Barclays PLC reaffirmed an “underweight” rating and set a $9.00 price objective on shares of Advanced Micro Devices in a report on Thursday. Wells Fargo & Company reaffirmed an “outperform” rating on shares of Advanced Micro Devices in a report on Thursday. Oppenheimer Holdings, Inc. reiterated a “market perform” rating on shares of Advanced Micro Devices in a research report on Friday, June 23rd. Northland Securities reiterated a “buy” rating and set a $17.50 target price on shares of Advanced Micro Devices in a research report on Friday, June 23rd. Finally, BMO Capital Markets cut shares of Advanced Micro Devices from an “outperform” rating to a “market perform” rating and set a $15.00 target price for the company. in a research report on Wednesday, July 26th. Five analysts have rated the stock with a sell rating, sixteen have issued a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $14.18.
In other Advanced Micro Devices news, insider Mark D. Papermaster sold 30,000 shares of the stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $13.46, for a total transaction of $403,800.00. Following the completion of the sale, the insider now owns 930,084 shares of the company’s stock, valued at approximately $12,518,930.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP James Robert Anderson sold 20,000 shares of the stock in a transaction that occurred on Tuesday, May 23rd. The shares were sold at an average price of $10.86, for a total transaction of $217,200.00. Following the sale, the senior vice president now directly owns 300,334 shares of the company’s stock, valued at approximately $3,261,627.24. The disclosure for this sale can be found here. Insiders have sold a total of 41,390,216 shares of company stock valued at $21,024,000,018,073,800 in the last three months. Insiders own 1.60% of the company’s stock.
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.
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