Vivid Wealth Management LLC Acquires 1,490 Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

Vivid Wealth Management LLC raised its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 10.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,517 shares of the semiconductor manufacturer’s stock after purchasing an additional 1,490 shares during the quarter. Vivid Wealth Management LLC’s holdings in Advanced Micro Devices were worth $1,874,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. International Assets Investment Management LLC lifted its holdings in Advanced Micro Devices by 17,137.3% during the 3rd quarter. International Assets Investment Management LLC now owns 7,860,909 shares of the semiconductor manufacturer’s stock valued at $1,289,818,000 after buying an additional 7,815,305 shares in the last quarter. Assenagon Asset Management S.A. lifted its holdings in Advanced Micro Devices by 42.2% during the 3rd quarter. Assenagon Asset Management S.A. now owns 8,420,766 shares of the semiconductor manufacturer’s stock valued at $1,381,679,000 after buying an additional 2,497,056 shares in the last quarter. Van ECK Associates Corp lifted its holdings in Advanced Micro Devices by 23.3% during the 4th quarter. Van ECK Associates Corp now owns 11,859,744 shares of the semiconductor manufacturer’s stock valued at $1,432,538,000 after buying an additional 2,238,866 shares in the last quarter. State Street Corp lifted its holdings in Advanced Micro Devices by 2.3% during the 3rd quarter. State Street Corp now owns 70,170,271 shares of the semiconductor manufacturer’s stock valued at $11,513,538,000 after buying an additional 1,580,035 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Advanced Micro Devices by 8.7% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 19,472,211 shares of the semiconductor manufacturer’s stock valued at $3,195,000,000 after buying an additional 1,565,083 shares in the last quarter. Institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Stock Performance

Shares of NASDAQ AMD opened at $113.10 on Friday. The company has a current ratio of 2.62, a quick ratio of 1.78 and a debt-to-equity ratio of 0.03. Advanced Micro Devices, Inc. has a 12 month low of $106.50 and a 12 month high of $227.30. The company has a 50 day simple moving average of $120.94 and a two-hundred day simple moving average of $138.93. The stock has a market cap of $183.28 billion, a price-to-earnings ratio of 114.24, a PEG ratio of 1.04 and a beta of 1.65.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 EPS for the quarter, meeting the consensus estimate of $1.07. Advanced Micro Devices had a net margin of 6.36% and a return on equity of 7.42%. As a group, analysts predict that Advanced Micro Devices, Inc. will post 4.11 earnings per share for the current year.

Insider Buying and Selling at Advanced Micro Devices

In related news, CEO Lisa T. Su sold 76,496 shares of the business’s stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $142.66, for a total value of $10,912,919.36. Following the completion of the transaction, the chief executive officer now directly owns 3,566,762 shares in the company, valued at $508,834,266.92. The trade was a 2.10 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Philip Guido bought 4,645 shares of the firm’s stock in a transaction that occurred on Friday, February 7th. The stock was purchased at an average price of $107.56 per share, with a total value of $499,616.20. Following the completion of the purchase, the executive vice president now owns 33,522 shares in the company, valued at approximately $3,605,626.32. This trade represents a 16.09 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 0.73% of the company’s stock.

Wall Street Analysts Forecast Growth

AMD has been the subject of a number of research analyst reports. Wells Fargo & Company decreased their price objective on shares of Advanced Micro Devices from $165.00 to $140.00 and set an “overweight” rating for the company in a report on Wednesday, February 5th. Mizuho cut their target price on shares of Advanced Micro Devices from $160.00 to $140.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 5th. Evercore ISI raised their target price on shares of Advanced Micro Devices from $193.00 to $198.00 and gave the company an “outperform” rating in a research report on Wednesday, October 30th. Morgan Stanley cut their target price on shares of Advanced Micro Devices from $158.00 to $147.00 and set an “equal weight” rating on the stock in a research report on Tuesday, February 4th. Finally, DZ Bank downgraded shares of Advanced Micro Devices from a “buy” rating to a “hold” rating and set a $120.00 target price on the stock. in a research report on Friday, February 7th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating, eighteen have assigned a buy rating and three have issued a strong buy rating to the company’s stock. According to MarketBeat, Advanced Micro Devices has an average rating of “Moderate Buy” and an average target price of $158.70.

Advanced Micro Devices Company 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.