News coverage about Advanced Micro Devices (NASDAQ:AMD) has been trending somewhat positive this week, Accern reports. Accern identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Advanced Micro Devices earned a coverage optimism score of 0.06 on Accern’s scale. Accern also assigned news coverage about the semiconductor manufacturer an impact score of 45.1284829353098 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Here are some of the media stories that may have effected Accern Sentiment’s rankings:

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A number of equities analysts have issued reports on the company. Zacks Investment Research downgraded Advanced Micro Devices from a “buy” rating to a “hold” rating in a research report on Monday, February 5th. Vetr upgraded Advanced Micro Devices from a “sell” rating to a “hold” rating and set a $13.28 price target on the stock in a research report on Monday, February 5th. Bank of America reiterated a “positive” rating and set a $11.52 price target (down previously from $18.00) on shares of Advanced Micro Devices in a research report on Tuesday, March 13th. BidaskClub downgraded Advanced Micro Devices from a “hold” rating to a “sell” rating in a research report on Tuesday, December 5th. Finally, Argus upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating and increased their price target for the stock from $13.74 to $18.00 in a research report on Thursday, February 1st. Six equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and thirteen have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $14.62.

AMD stock traded up $0.01 during midday trading on Friday, hitting $11.47. The stock had a trading volume of 36,335,291 shares, compared to its average volume of 62,867,828. The stock has a market capitalization of $11,115.94, a P/E ratio of 382.33, a PEG ratio of 4.96 and a beta of 2.73. Advanced Micro Devices has a 1-year low of $9.70 and a 1-year high of $15.65. The company has a debt-to-equity ratio of 2.17, a quick ratio of 1.27 and a current ratio of 1.76.

Advanced Micro Devices (NASDAQ:AMD) last released its earnings results on Tuesday, January 30th. The semiconductor manufacturer reported $0.08 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.04. The business had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.40 billion. Advanced Micro Devices had a return on equity of 16.76% and a net margin of 0.81%. The business’s quarterly revenue was up 33.8% compared to the same quarter last year. During the same quarter last year, the business posted ($0.01) earnings per share. research analysts forecast that Advanced Micro Devices will post 0.3 EPS for the current fiscal year.

In related news, CFO Devinder Kumar sold 67,976 shares of Advanced Micro Devices stock in a transaction that occurred on Wednesday, January 31st. The stock was sold at an average price of $13.43, for a total transaction of $912,917.68. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Lisa T. Su sold 87,530 shares of Advanced Micro Devices stock in a transaction that occurred on Wednesday, December 27th. The stock was sold at an average price of $10.62, for a total value of $929,568.60. Following the transaction, the chief executive officer now owns 2,075,903 shares in the company, valued at approximately $22,046,089.86. The disclosure for this sale can be found here. In the last quarter, insiders have sold 1,268,240 shares of company stock worth $15,043,368. 1.60% of the stock is currently owned by company insiders.

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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.

Insider Buying and Selling by Quarter for Advanced Micro Devices (NASDAQ:AMD)

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