Large Outflow of Money Witnessed in Advanced Micro Devices

Shares of Advanced Micro Devices (NASDAQ:AMD) traded 0.08 points or 1.85% higher at $4.4.The total intraday money flow for the shares came in at a disappointing $(-2.66) million. The total upticks amounted to $7.59 million and the total downticks were approximately $10.25 million, with the up/down ratio of 0.74. On a different note, the shares have seen 5.77% price change during the week.In a block trade which occurred during the day, the stock had an inflow of $1.19 million in upticks and an outflow of $3.48 million in downticks. The up/down ratio for the block was found to be 0.34. The net money flow for the block transaction was $(-2.29) million.


Currently the company Insiders own 1% of Advanced Micro Devices shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -64.83% . Institutional Investors own 40.18% of Advanced Micro Devices shares. During last six month period, the net percent change held by insiders has seen a change of -64.83%.

Advanced Micro Devices (NASDAQ:AMD) : On Monday heightened volatility was witnessed in Advanced Micro Devices (NASDAQ:AMD) which led to swings in the share price. The stock opened for trading at $4.32 and hit $4.48 on the upside , eventually ending the session at $4.4, with a gain of 1.85% or 0.08 points. The heightened volatility saw the trading volume jump to 13,540,907 shares. The 52-week high of the share price is $4.71 and the company has a market cap of $3,491 million. The 52-week low of the share price is at $1.61 .

Many analysts have stated their opinion on the company shares. Major Brokerage house, MKM Partners upgrades its ratings on Advanced Micro Devices (NASDAQ:AMD). According to the latest information available, the shares are now rated Buy by the analysts at the agency. Previously, the analysts had a Neutral rating on the shares. The rating by the firm was issued on April 22, 2016.

Advanced Micro Devices, Inc. is a global semiconductor company with facilities across the world. The Company offers x86 microprocessors, as standalone devices or as incorporated as an accelerated processing unit (APU), chipsets, discrete graphics processing units (GPUs) and professional graphics, and server and embedded processors, dense servers, semi-custom System-on-Chip (SoC) products and technology for game consoles. The Company operates in two segments: the Computing and Graphics segment, which includes desktop and notebook processors and chipsets, discrete GPUs and professional graphics, and the Enterprise, Embedded and Semi-Custom segment, which includes server and embedded processors, dense servers, semi-custom SoC products, engineering services and royalties. The Company sells its products through direct sales force and through independent distributors and sales representatives in both domestic and international markets.

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