Advanced Micro Devices shares rose 11.2% this afternoon to a price of $182.72. The stock is still trading within range of its average target price of $187.2, and over the last 52 weeks, it has recorded a 106.0% performance. Analysts have given the Large-Cap Semiconductors stock target prices ranging from $60.0 to $270.0 dollars per share, with 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 2.5%. The stock's short ratio is 0.43. 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 75.0%. 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 |
|---|---|---|---|---|
| 2023-12-31 | Vanguard Group Inc | 9% | 142,442,745 | $26,027,138,540 |
| 2023-12-31 | Blackrock Inc. | 8% | 123,699,344 | $22,602,344,286 |
| 2023-12-31 | State Street Corporation | 4% | 66,319,789 | $12,117,951,927 |
| 2023-12-31 | FMR, LLC | 3% | 40,339,216 | $7,370,781,596 |
| 2023-12-31 | JP Morgan Chase & Company | 2% | 35,979,845 | $6,574,237,322 |
| 2023-12-31 | Geode Capital Management, LLC | 2% | 31,776,843 | $5,806,264,791 |
| 2023-12-31 | Fisher Asset Management, LLC | 2% | 28,368,826 | $5,183,551,921 |
| 2023-12-31 | Price (T.Rowe) Associates Inc | 2% | 27,675,684 | $5,056,901,014 |
| 2023-12-31 | Jennison Associates LLC | 2% | 26,886,280 | $4,912,661,114 |
| 2023-12-31 | Morgan Stanley | 2% | 26,590,372 | $4,858,592,804 |
