AMD

Why Are People Selling Their AMD Shares?

Advanced Micro Devices stock is trading -22.31% below its average target price of $138.0 after dropping -2.7% during today's morning session. Analysts are giving the large-cap Semiconductors company an average rating of buy and target prices ranging from $60.0 to $200.0 per share.

Advanced Micro Devices's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.8%. The stock's short ratio is 0.47. The company's insiders own 0.48% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.

Another number to watch is the company's rate of institutional share ownership, which now stands at 74.5%. In conclusion, we believe there is mixed market sentiment regarding Advanced Micro Devices.

Institutions Invested in Advanced Micro Devices

Date Reported Holder Percentage Shares Value
2023-03-31 Vanguard Group Inc 9% 137,693,090 $14,762,792,504
2023-03-31 Blackrock Inc. 8% 121,476,654 $13,024,144,037
2023-03-31 State Street Corporation 4% 65,045,249 $6,973,839,532
2023-03-31 Price (T.Rowe) Associates Inc 3% 55,227,632 $5,921,241,739
2023-03-31 FMR, LLC 3% 52,160,154 $5,592,361,464
2023-03-31 JP Morgan Chase & Company 2% 36,167,801 $3,877,738,102
2023-03-31 Geode Capital Management, LLC 2% 29,631,077 $3,176,901,915
2023-06-30 Fisher Asset Management, LLC 2% 26,975,074 $2,892,138,016
2023-06-30 Jennison Associates LLC 2% 25,591,636 $2,743,812,431
2023-03-31 Wellington Management Group, LLP 1% 20,254,885 $2,171,631,593
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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