In Monday’s Wall Street session, Advanced Micro Devices Inc (NASDAQ:AMD) shares traded at $108.11, down -2.46% from the previous session.
AMD stock price is now -9.34% away from the 50-day moving average and -25.39% away from the 200-day moving average. The market capitalization of the company currently stands at $175.19B.
With the price target reduced from $170 to $130, Daiwa Securities Downgraded its rating from Buy to Outperform for Advanced Micro Devices Inc (NASDAQ: AMD). On February 07, 2025, DZ Bank Downgraded its previous ‘Buy’ rating to ‘Hold’ on the stock keeping its target price maintained at $120, while ‘Melius’ rates the stock as ‘Hold’
In other news, Papermaster Mark D, Chief Technology Officer & EVP sold 17,500 shares of the company’s stock on Feb 14 ’25. The stock was sold for $1,987,545 at an average price of $113.57. Upon completion of the transaction, the Chief Technology Officer & EVP now directly owns 1,713,710 shares in the company, valued at $185.27 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 14 ’25, Officer MARK PAPERMASTER bought 17,500 shares of the business’s stock. A total of $1,987,550 was incurred on buying the stock at an average price of $113.57. A total of 0.61% of the company’s stock is owned by insiders.
During the past 12 months, Advanced Micro Devices Inc has had a low of $106.50 and a high of $227.30. As of last week, the company has a debt-to-equity ratio of 0.04, a current ratio of 2.62, and a quick ratio of 1.83.
The net profit margin was 6.36% and return on equity was 2.89% for AMD. The company reported revenue of $7.66 billion for the quarter, compared to $6.17 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 24.16 percent. For the current quarter, analysts expect AMD to generate $7.1B in revenue.
