Advisory Services Network LLC Has $849,000 Position in Advanced Micro Devices, Inc. (AMD)

Advisory Services Network LLC boosted its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 8.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 45,967 shares of the semiconductor manufacturer’s stock after purchasing an additional 3,606 shares during the period. Advisory Services Network LLC’s holdings in Advanced Micro Devices were worth $849,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Bronfman E.L. Rothschild L.P. grew its holdings in Advanced Micro Devices by 24.4% during the 4th quarter. Bronfman E.L. Rothschild L.P. now owns 2,566 shares of the semiconductor manufacturer’s stock worth $47,000 after acquiring an additional 503 shares in the last quarter. Cigna Investments Inc. New grew its holdings in Advanced Micro Devices by 2.3% during the 4th quarter. Cigna Investments Inc. New now owns 25,940 shares of the semiconductor manufacturer’s stock worth $479,000 after acquiring an additional 585 shares in the last quarter. Public Employees Retirement Association of Colorado grew its holdings in Advanced Micro Devices by 0.4% during the 4th quarter. Public Employees Retirement Association of Colorado now owns 152,362 shares of the semiconductor manufacturer’s stock worth $2,813,000 after acquiring an additional 646 shares in the last quarter. FUKOKU MUTUAL LIFE INSURANCE Co grew its holdings in Advanced Micro Devices by 19.0% during the 4th quarter. FUKOKU MUTUAL LIFE INSURANCE Co now owns 5,000 shares of the semiconductor manufacturer’s stock worth $92,000 after acquiring an additional 800 shares in the last quarter. Finally, Bessemer Group Inc. grew its holdings in Advanced Micro Devices by 81.7% during the 4th quarter. Bessemer Group Inc. now owns 1,968 shares of the semiconductor manufacturer’s stock worth $37,000 after acquiring an additional 885 shares in the last quarter. 58.84% of the stock is currently owned by institutional investors.

Shares of NASDAQ AMD traded up $0.19 during midday trading on Friday, reaching $27.68. The company’s stock had a trading volume of 39,880,890 shares, compared to its average volume of 69,904,752. The company has a market capitalization of $29.94 billion, a P/E ratio of 79.09, a PEG ratio of 1.75 and a beta of 3.40. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.78 and a quick ratio of 1.36. Advanced Micro Devices, Inc. has a one year low of $9.56 and a one year high of $34.14.

Advanced Micro Devices (NASDAQ:AMD) last released its earnings results on Tuesday, January 29th. The semiconductor manufacturer reported $0.08 earnings per share for the quarter, hitting the consensus estimate of $0.08. The business had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.44 billion. Advanced Micro Devices had a net margin of 5.20% and a return on equity of 37.84%. During the same period last year, the firm posted $0.08 earnings per share. On average, analysts anticipate that Advanced Micro Devices, Inc. will post 0.52 earnings per share for the current year.

AMD has been the subject of several research reports. Zacks Investment Research lowered shares of Advanced Micro Devices from a “hold” rating to a “sell” rating in a report on Wednesday, April 10th. Bank of America boosted their target price on shares of Advanced Micro Devices from $30.00 to $35.00 and gave the company a “buy” rating in a research note on Monday, April 8th. JPMorgan Chase & Co. boosted their target price on shares of Advanced Micro Devices from $18.00 to $20.00 and gave the company an “in-line” rating in a research note on Wednesday, January 30th. Daiwa Capital Markets set a $27.00 target price on shares of Advanced Micro Devices and gave the company a “buy” rating in a research note on Saturday, February 2nd. Finally, Cowen boosted their target price on shares of Advanced Micro Devices from $26.00 to $28.00 and gave the company an “outperform” rating in a research note on Wednesday, January 30th. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and seventeen have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $26.87.

In related news, EVP Mark D. Papermaster sold 30,000 shares of the business’s stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $27.49, for a total transaction of $824,700.00. Following the transaction, the executive vice president now directly owns 1,329,588 shares of the company’s stock, valued at $36,550,374.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Paul Darren Grasby sold 6,000 shares of the business’s stock in a transaction that occurred on Friday, March 22nd. The stock was sold at an average price of $27.54, for a total transaction of $165,240.00. Following the completion of the sale, the senior vice president now directly owns 28,979 shares of the company’s stock, valued at $798,081.66. The disclosure for this sale can be found here. Over the last three months, insiders sold 35,453,166 shares of company stock worth $830,095,189. 1.50% of the stock is currently owned by insiders.

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Advanced Micro Devices Profile

Advanced Micro Devices, Inc operates as a semiconductor company worldwide. The company operates in two segments, Computing and Graphics; and Enterprise, Embedded and Semi-Custom. Its products include x86 microprocessors as an accelerated processing unit (APU), chipsets, discrete and integrated graphics processing units (GPUs), and professional GPUs; and server and embedded processors, and semi-custom System-on-Chip (SoC) products and technology for game consoles.

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Institutional Ownership by Quarter for Advanced Micro Devices (NASDAQ:AMD)

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