Tilia Fiduciary Partners Inc. raised its position in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 3.4% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 21,166 shares of the semiconductor manufacturer’s stock after purchasing an additional 699 shares during the period. Advanced Micro Devices makes up about 1.8% of Tilia Fiduciary Partners Inc.’s investment portfolio, making the stock its 11th biggest holding. Tilia Fiduciary Partners Inc.’s holdings in Advanced Micro Devices were worth $3,003,000 at the end of the most recent reporting period.
Other large investors have also recently bought and sold shares of the company. Dogwood Wealth Management LLC increased its stake in Advanced Micro Devices by 2,311.1% in the second quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer’s stock valued at $30,000 after purchasing an additional 208 shares in the last quarter. West Branch Capital LLC boosted its holdings in shares of Advanced Micro Devices by 3,057.1% in the second quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer’s stock valued at $31,000 after buying an additional 214 shares during the period. Farmers & Merchants Trust Co of Chambersburg PA boosted its holdings in shares of Advanced Micro Devices by 277.8% in the first quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer’s stock valued at $28,000 after buying an additional 200 shares during the period. American Capital Advisory LLC boosted its holdings in shares of Advanced Micro Devices by 90.3% in the first quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer’s stock valued at $28,000 after buying an additional 130 shares during the period. Finally, Kozak & Associates Inc. boosted its holdings in shares of Advanced Micro Devices by 67.6% in the first quarter. Kozak & Associates Inc. now owns 305 shares of the semiconductor manufacturer’s stock valued at $29,000 after buying an additional 123 shares during the period. Institutional investors own 71.34% of the company’s stock.
Advanced Micro Devices Stock Performance
Shares of AMD stock opened at $164.67 on Friday. The company’s fifty day simple moving average is $165.94 and its 200-day simple moving average is $133.43. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05. The firm has a market cap of $267.23 billion, a PE ratio of 94.64, a P/E/G ratio of 2.00 and a beta of 1.90. Advanced Micro Devices, Inc. has a 12 month low of $76.48 and a 12 month high of $186.65.
Insider Activity
In other Advanced Micro Devices news, CEO Lisa T. Su sold 225,000 shares of the company’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $163.97, for a total transaction of $36,893,250.00. Following the sale, the chief executive officer directly owned 3,359,748 shares of the company’s stock, valued at approximately $550,897,879.56. This represents a 6.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Mark D. Papermaster sold 17,998 shares of the company’s stock in a transaction on Tuesday, July 15th. The stock was sold at an average price of $155.03, for a total transaction of $2,790,229.94. Following the sale, the executive vice president directly owned 1,713,710 shares in the company, valued at $265,676,461.30. This trade represents a 1.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 272,448 shares of company stock valued at $44,554,848. 0.06% of the stock is owned by insiders.
Wall Street Analyst Weigh In
AMD has been the subject of several research analyst reports. Melius Research upgraded shares of Advanced Micro Devices from a “hold” rating to a “strong-buy” rating and upped their price target for the company from $110.00 to $175.00 in a report on Monday, June 23rd. Stifel Nicolaus upped their price target on shares of Advanced Micro Devices from $161.00 to $190.00 and gave the company a “buy” rating in a report on Wednesday, August 6th. Susquehanna upped their price target on shares of Advanced Micro Devices from $135.00 to $210.00 and gave the company a “positive” rating in a report on Wednesday, July 30th. DZ Bank upgraded shares of Advanced Micro Devices from a “sell” rating to a “hold” rating and set a $165.00 price target for the company in a report on Thursday, August 7th. Finally, HSBC reduced their price target on shares of Advanced Micro Devices from $200.00 to $185.00 and set a “buy” rating for the company in a report on Tuesday, September 9th. Three analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Advanced Micro Devices currently has an average rating of “Moderate Buy” and an average target price of $180.88.
Read Our Latest Stock Report on AMD
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.
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