In a report released yesterday, Vivek Arya from Bank of America Securities maintained a Hold rating on Advanced Micro Devices (AMD – Research Report). The company’s shares closed yesterday at $111.72.

Arya covers the Technology sector, focusing on stocks such as Nvidia, ON Semiconductor, and Advanced Micro Devices. According to TipRanks, Arya has an average return of 17.2% and a 60.00% success rate on recommended stocks.

In addition to Bank of America Securities, Advanced Micro Devices also received a Hold from Citi’s Christopher Danely in a report issued yesterday. However, on February 11, Benchmark Co. maintained a Buy rating on Advanced Micro Devices (NASDAQ: AMD).

Based on Advanced Micro Devices’ latest earnings release for the quarter ending December 28, the company reported a quarterly revenue of $7.66 billion and a net profit of $482 million. In comparison, last year the company earned a revenue of $6.17 billion and had a net profit of $667 million

Based on the recent corporate insider activity of 73 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of AMD in relation to earlier this year. Earlier this month, GUIDO PHILIP, the EVP & CCO of AMD bought 4,645.00 shares for a total of $499,616.20.