The average one-year price target for Advanced Micro Devices (NasdaqGS:AMD) has been revised to $274.56 / share, up 11.89% from the prior estimate of $245.38. Analysts’ targets range from $135.54 to $367.50 / share, with an average representing an 11.24% increase from the latest closing price of $246.81 / share.
3,799 funds or institutions hold positions in AMD, up 2.73% from the last quarter. The average portfolio weight is 0.51%, an increase of 1.25%. Institutions own 1,171,595K shares, a 1.51% decrease in the last three months. The put/call ratio is 0.90, indicating a bullish outlook.
Various shareholders have increased their holdings in AMD. Vanguard Total Stock Market Index Fund Investor Shares increased its ownership by 1.84% to 52,142K shares, while Vanguard 500 Index Fund Investor Shares increased by 2.17% to 46,024K shares. Geode Capital Management holds 37,297K shares, a 1.63% increase, and Invesco Qqq Trust, Series 1 increased by 0.24% to 33,454K shares.
Fidelity 500 Index Fund holds 20,444K shares in AMD, representing 1.26% ownership. Fintel provides comprehensive investing research for individual investors, financial advisors, and hedge funds, including ownership data, fund sentiment, and more. Powered by advanced quantitative models, Fintel’s stock picks aim to improve profits. Learn more on Fintel’s website.
Read more at Nasdaq: Advanced Micro Devices (AMD) Price Target Increased by 11.89% to 274.56
