Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares Purchased by Vectors Research Management LLC

Vectors Research Management LLC grew its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 1.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,641 shares of the semiconductor manufacturer’s stock after purchasing an additional 147 shares during the quarter. Vectors Research Management LLC’s holdings in Advanced Micro Devices were worth $1,044,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Howard Capital Management Group LLC raised its stake in shares of Advanced Micro Devices by 21.6% during the third quarter. Howard Capital Management Group LLC now owns 1,827 shares of the semiconductor manufacturer’s stock valued at $300,000 after purchasing an additional 324 shares in the last quarter. Principal Financial Group Inc. increased its stake in Advanced Micro Devices by 30.2% during the 3rd quarter. Principal Financial Group Inc. now owns 2,537,968 shares of the semiconductor manufacturer’s stock valued at $416,430,000 after buying an additional 588,595 shares during the period. M&T Bank Corp increased its stake in Advanced Micro Devices by 6.0% during the 3rd quarter. M&T Bank Corp now owns 116,889 shares of the semiconductor manufacturer’s stock valued at $19,179,000 after buying an additional 6,569 shares during the period. Advisory Resource Group raised its position in shares of Advanced Micro Devices by 19.3% during the 3rd quarter. Advisory Resource Group now owns 7,920 shares of the semiconductor manufacturer’s stock worth $1,300,000 after buying an additional 1,282 shares in the last quarter. Finally, Westside Investment Management Inc. lifted its stake in shares of Advanced Micro Devices by 1.9% in the 3rd quarter. Westside Investment Management Inc. now owns 5,407 shares of the semiconductor manufacturer’s stock worth $815,000 after acquiring an additional 103 shares during the period. 71.34% of the stock is currently owned by institutional investors.

Advanced Micro Devices Trading Down 0.9 %

Shares of NASDAQ:AMD opened at $87.50 on Monday. The company has a current ratio of 2.62, a quick ratio of 1.83 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $141.42 billion, a PE ratio of 88.38, a P/E/G ratio of 1.11 and a beta of 1.89. Advanced Micro Devices, Inc. has a 1 year low of $76.48 and a 1 year high of $187.28. The firm has a fifty day moving average price of $100.93 and a 200 day moving average price of $123.02.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 EPS for the quarter, meeting analysts’ consensus estimates of $1.07. Advanced Micro Devices had a return on equity of 7.42% and a net margin of 6.36%. Analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages recently commented on AMD. Jefferies Financial Group cut Advanced Micro Devices from a “buy” rating to a “hold” rating and dropped their target price for the stock from $135.00 to $120.00 in a report on Thursday, March 27th. HSBC reissued a “reduce” rating and issued a $110.00 price objective (down previously from $200.00) on shares of Advanced Micro Devices in a research note on Wednesday, January 8th. UBS Group decreased their target price on Advanced Micro Devices from $175.00 to $155.00 and set a “buy” rating for the company in a research note on Thursday. DZ Bank cut shares of Advanced Micro Devices from a “buy” rating to a “hold” rating and set a $120.00 price target on the stock. in a research report on Friday, February 7th. Finally, Stifel Nicolaus reduced their price objective on shares of Advanced Micro Devices from $200.00 to $162.00 and set a “buy” rating for the company in a research report on Wednesday, February 5th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating, seventeen have given a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $144.90.

Insider Transactions at Advanced Micro Devices

In other news, EVP Mark D. Papermaster sold 17,500 shares of the stock in a transaction that occurred on Tuesday, April 15th. The stock was sold at an average price of $95.47, for a total value of $1,670,725.00. Following the completion of the sale, the executive vice president now directly owns 1,713,710 shares of the company’s stock, valued at approximately $163,607,893.70. This represents a 1.01 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Philip Guido bought 4,645 shares of the company’s stock in a transaction that occurred on Friday, February 7th. The shares were bought at an average cost of $107.56 per share, for a total transaction of $499,616.20. Following the transaction, the executive vice president now directly owns 33,522 shares of the company’s stock, valued at $3,605,626.32. This trade represents a 16.09 % increase in their position. The disclosure for this purchase can be found here. 0.06% of the stock is owned by corporate insiders.

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.