What Do Wall Street Analysts Think of Advanced Micro Devices?

This afternoon we watched Advanced Micro Devices drop -4.0% to a price of $102.41 per share. The large-cap Semiconductors company is now trading -20.65% below its average target price of $129.06. Analysts have set target prices ranging from $55.9 to $186.32 per share for Advanced Micro Devices, and have given the stock an average rating of buy.

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 0.42. 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
2023-06-30 Vanguard Group Inc 9% 138,901,209 $14,224,873,322
2023-06-30 Blackrock Inc. 7% 120,580,689 $12,348,668,802
2023-06-30 State Street Corporation 4% 65,188,143 $6,675,917,963
2023-06-30 FMR, LLC 3% 50,643,217 $5,186,372,038
2023-06-30 Price (T.Rowe) Associates Inc 2% 40,370,829 $4,134,376,745
2023-06-30 JP Morgan Chase & Company 2% 32,604,644 $3,339,041,711
2023-06-30 Geode Capital Management, LLC 2% 30,401,005 $3,113,367,033
2023-06-30 Fisher Asset Management, LLC 2% 26,975,074 $2,762,517,427
2023-06-30 Jennison Associates LLC 2% 25,591,636 $2,620,839,536
2023-06-30 Wellington Management Group, LLP 1% 22,541,689 $2,308,494,453
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.