Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares Bought by Capital Analysts LLC

Capital Analysts LLC grew its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 240.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,840 shares of the semiconductor manufacturer’s stock after buying an additional 2,005 shares during the quarter. Capital Analysts LLC’s holdings in Advanced Micro Devices were worth $419,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Fairfield Bush & CO. acquired a new position in shares of Advanced Micro Devices in the first quarter worth about $836,000. Mirae Asset Global Investments Co. Ltd. boosted its position in Advanced Micro Devices by 49.7% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,384,719 shares of the semiconductor manufacturer’s stock worth $260,746,000 after purchasing an additional 791,710 shares in the last quarter. U.S. Capital Wealth Advisors LLC raised its stake in shares of Advanced Micro Devices by 34.9% during the 1st quarter. U.S. Capital Wealth Advisors LLC now owns 2,677 shares of the semiconductor manufacturer’s stock worth $293,000 after buying an additional 692 shares during the period. Raymond James Trust N.A. grew its stake in Advanced Micro Devices by 104.8% in the 1st quarter. Raymond James Trust N.A. now owns 7,959 shares of the semiconductor manufacturer’s stock valued at $870,000 after acquiring an additional 4,072 shares during the period. Finally, Baird Financial Group Inc. lifted its holdings in Advanced Micro Devices by 217.2% during the first quarter. Baird Financial Group Inc. now owns 398,051 shares of the semiconductor manufacturer’s stock valued at $43,524,000 after purchasing an additional 272,557 shares in the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Stock Down 5.8 %

Advanced Micro Devices stock opened at $154.02 on Thursday. The company has a market capitalization of $248.92 billion, a P/E ratio of 296.20, a PEG ratio of 2.44 and a beta of 1.64. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.86 and a current ratio of 2.51. Advanced Micro Devices, Inc. has a fifty-two week low of $81.02 and a fifty-two week high of $227.30. The stock has a 50-day simple moving average of $180.44 and a 200-day simple moving average of $148.23.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, January 30th. The semiconductor manufacturer reported $0.77 EPS for the quarter, hitting analysts’ consensus estimates of $0.77. The company had revenue of $6.17 billion during the quarter, compared to the consensus estimate of $6.13 billion. Advanced Micro Devices had a net margin of 3.77% and a return on equity of 5.73%. Advanced Micro Devices’s quarterly revenue was up 10.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.54 EPS. Equities research analysts expect that Advanced Micro Devices, Inc. will post 2.63 earnings per share for the current year.

Insider Transactions at Advanced Micro Devices

In other news, EVP Mark D. Papermaster sold 16,200 shares of the stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $164.25, for a total value of $2,660,850.00. Following the completion of the transaction, the executive vice president now owns 1,554,602 shares in the company, valued at approximately $255,343,378.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Advanced Micro Devices news, insider Victor Peng sold 100,000 shares of the company’s stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $175.11, for a total value of $17,511,000.00. Following the sale, the insider now owns 241,266 shares of the company’s stock, valued at $42,248,089.26. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Mark D. Papermaster sold 16,200 shares of Advanced Micro Devices stock in a transaction on Monday, April 15th. The stock was sold at an average price of $164.25, for a total value of $2,660,850.00. Following the transaction, the executive vice president now directly owns 1,554,602 shares of the company’s stock, valued at approximately $255,343,378.50. The disclosure for this sale can be found here. In the last three months, insiders sold 341,143 shares of company stock valued at $62,580,844. Corporate insiders own 0.65% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Truist Financial upped their price target on shares of Advanced Micro Devices from $154.00 to $174.00 and gave the stock a “hold” rating in a research report on Wednesday, January 31st. Mizuho increased their price target on Advanced Micro Devices from $200.00 to $235.00 and gave the company a “buy” rating in a report on Thursday, March 7th. The Goldman Sachs Group lifted their target price on shares of Advanced Micro Devices from $157.00 to $180.00 and gave the stock a “buy” rating in a research note on Wednesday, January 31st. Wedbush reaffirmed an “outperform” rating and issued a $200.00 price target on shares of Advanced Micro Devices in a research note on Wednesday. Finally, Melius Research raised shares of Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $188.00 price objective for the company in a research report on Monday, January 8th. Four analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $185.15.

Advanced Micro Devices Profile

Advanced Micro Devices, Inc operates as a semiconductor company worldwide. It operates through Data Center, Client, Gaming, and Embedded segments. The company offers x86 microprocessors and graphics processing units (GPUs) as an accelerated processing unit, chipsets, data center, and professional GPUs; and embedded processors, and semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technology, data processing unites, field programmable gate arrays (FPGA), and adaptive SoC products.