Stamos Capital Partners L.P. Buys 15,370 Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

Stamos Capital Partners L.P. boosted its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 72.6% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 36,530 shares of the semiconductor manufacturer’s stock after acquiring an additional 15,370 shares during the period. Advanced Micro Devices accounts for 1.0% of Stamos Capital Partners L.P.’s portfolio, making the stock its 24th largest holding. Stamos Capital Partners L.P.’s holdings in Advanced Micro Devices were worth $4,412,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in shares of Advanced Micro Devices by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 150,210,152 shares of the semiconductor manufacturer’s stock valued at $18,143,884,000 after acquiring an additional 1,441,626 shares during the last quarter. Geode Capital Management LLC raised its stake in Advanced Micro Devices by 2.4% during the fourth quarter. Geode Capital Management LLC now owns 35,079,256 shares of the semiconductor manufacturer’s stock valued at $4,224,840,000 after purchasing an additional 835,413 shares in the last quarter. Fisher Asset Management LLC lifted its position in Advanced Micro Devices by 1.2% during the fourth quarter. Fisher Asset Management LLC now owns 24,086,020 shares of the semiconductor manufacturer’s stock valued at $2,909,350,000 after purchasing an additional 290,784 shares during the last quarter. Norges Bank purchased a new position in shares of Advanced Micro Devices in the 4th quarter worth $2,867,193,000. Finally, Van ECK Associates Corp increased its holdings in shares of Advanced Micro Devices by 23.3% in the 4th quarter. Van ECK Associates Corp now owns 11,859,744 shares of the semiconductor manufacturer’s stock worth $1,432,538,000 after buying an additional 2,238,866 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors.

Advanced Micro Devices Price Performance

NASDAQ AMD opened at $93.40 on Friday. The company has a market cap of $150.96 billion, a PE ratio of 94.34, a P/E/G ratio of 1.11 and a beta of 1.89. Advanced Micro Devices, Inc. has a 52-week low of $76.48 and a 52-week high of $187.28. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.83 and a current ratio of 2.62. The firm’s 50 day moving average price is $102.89 and its 200-day moving average price is $125.81.

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, meeting analysts’ consensus estimates of $1.07. Advanced Micro Devices had a net margin of 6.36% and a return on equity of 7.42%. Sell-side analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Insider Activity at Advanced Micro Devices

In other news, EVP Philip Guido bought 4,645 shares of the business’s stock in a transaction that occurred on Friday, February 7th. The shares were purchased at an average cost of $107.56 per share, with a total value of $499,616.20. Following the transaction, the executive vice president now directly owns 33,522 shares in the company, valued at approximately $3,605,626.32. The trade was a 16.09 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.73% of the stock is currently owned by insiders.

Analysts Set New Price Targets

AMD has been the subject of a number of analyst reports. Argus set a $160.00 price target on shares of Advanced Micro Devices in a report on Thursday, February 6th. Wedbush reiterated an “outperform” rating and issued a $150.00 target price on shares of Advanced Micro Devices in a report on Wednesday, February 5th. Rosenblatt Securities reissued a “buy” rating and set a $250.00 target price on shares of Advanced Micro Devices in a research report on Tuesday, February 4th. Mizuho lowered their price target on Advanced Micro Devices from $140.00 to $120.00 and set an “outperform” rating for the company in a research report on Friday, March 14th. Finally, Susquehanna reduced their target price on shares of Advanced Micro Devices from $165.00 to $150.00 and set a “positive” rating on the stock in a research note on Wednesday, February 5th. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating, sixteen have assigned a buy rating and three have given a strong buy rating to the company’s stock. According to data from MarketBeat, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and an average target price of $148.76.

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.