Quilter Plc Buys 35,094 Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

Quilter Plc grew its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 3.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 941,202 shares of the semiconductor manufacturer’s stock after purchasing an additional 35,094 shares during the quarter. Advanced Micro Devices makes up 2.2% of Quilter Plc’s portfolio, making the stock its 13th biggest position. Quilter Plc owned 0.06% of Advanced Micro Devices worth $113,688,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of AMD. CRA Financial Services LLC bought a new position in shares of Advanced Micro Devices during the 3rd quarter worth approximately $213,000. Annex Advisory Services LLC increased its stake in Advanced Micro Devices by 15.7% during the 3rd quarter. Annex Advisory Services LLC now owns 1,705 shares of the semiconductor manufacturer’s stock valued at $280,000 after purchasing an additional 231 shares in the last quarter. Retirement Planning Group LLC increased its stake in Advanced Micro Devices by 8.3% during the 3rd quarter. Retirement Planning Group LLC now owns 3,889 shares of the semiconductor manufacturer’s stock valued at $638,000 after purchasing an additional 297 shares in the last quarter. Carnegie Investment Counsel boosted its holdings in shares of Advanced Micro Devices by 28.4% in the 3rd quarter. Carnegie Investment Counsel now owns 40,169 shares of the semiconductor manufacturer’s stock valued at $6,591,000 after acquiring an additional 8,885 shares during the last quarter. Finally, CHICAGO TRUST Co NA boosted its holdings in shares of Advanced Micro Devices by 51.2% in the 3rd quarter. CHICAGO TRUST Co NA now owns 2,949 shares of the semiconductor manufacturer’s stock valued at $484,000 after acquiring an additional 998 shares during the last quarter. Institutional investors own 71.34% of the company’s stock.

Insider Activity

In related news, CEO Lisa T. Su sold 76,496 shares of the stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $142.66, for a total transaction of $10,912,919.36. Following the sale, the chief executive officer now owns 3,566,762 shares in the company, valued at $508,834,266.92. This represents a 2.10 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.73% of the company’s stock.

Advanced Micro Devices Stock Down 2.4 %

AMD opened at $107.56 on Monday. The firm has a 50 day moving average price of $123.42 and a 200 day moving average price of $139.74. The company has a market cap of $174.30 billion, a PE ratio of 108.65, a price-to-earnings-growth ratio of 1.04 and a beta of 1.65. Advanced Micro Devices, Inc. has a 1 year low of $106.50 and a 1 year high of $227.30. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.78 and a current ratio of 2.62.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.07. Advanced Micro Devices had a return on equity of 7.42% and a net margin of 6.36%. Sell-side analysts expect that Advanced Micro Devices, Inc. will post 4.11 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on AMD. Citigroup downgraded shares of Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 5th. Loop Capital started coverage on shares of Advanced Micro Devices in a report on Tuesday, January 14th. They set a “buy” rating and a $175.00 price target on the stock. KeyCorp decreased their price objective on shares of Advanced Micro Devices from $150.00 to $140.00 and set an “overweight” rating on the stock in a report on Wednesday, February 5th. Stifel Nicolaus decreased their price objective on shares of Advanced Micro Devices from $200.00 to $162.00 and set a “buy” rating on the stock in a report on Wednesday, February 5th. Finally, Melius downgraded shares of Advanced Micro Devices from a “buy” rating to a “hold” rating and decreased their price objective for the company from $160.00 to $129.00 in a report on Tuesday, January 28th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, eighteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus 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.