Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares Acquired by Voisard Asset Management Group Inc.

Voisard Asset Management Group Inc. raised its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 31.9% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,246 shares of the semiconductor manufacturer’s stock after purchasing an additional 301 shares during the quarter. Voisard Asset Management Group Inc.’s holdings in Advanced Micro Devices were worth $204,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Semmax Financial Advisors Inc. increased its holdings in Advanced Micro Devices by 926.7% in the first quarter. Semmax Financial Advisors Inc. now owns 154 shares of the semiconductor manufacturer’s stock valued at $28,000 after buying an additional 139 shares during the last quarter. ZRC Wealth Management LLC lifted its holdings in Advanced Micro Devices by 90.4% during the 3rd quarter. ZRC Wealth Management LLC now owns 158 shares of the semiconductor manufacturer’s stock worth $26,000 after buying an additional 75 shares during the last quarter. Fairway Wealth LLC bought a new position in Advanced Micro Devices during the 2nd quarter worth approximately $27,000. Morton Brown Family Wealth LLC lifted its holdings in Advanced Micro Devices by 94.4% during the 2nd quarter. Morton Brown Family Wealth LLC now owns 175 shares of the semiconductor manufacturer’s stock worth $27,000 after buying an additional 85 shares during the last quarter. Finally, Chelsea Counsel Co. bought a new position in Advanced Micro Devices during the 1st quarter worth approximately $34,000. 71.34% of the stock is owned by institutional investors and hedge funds.

Advanced Micro Devices Stock Down 10.6 %

Shares of Advanced Micro Devices stock opened at $148.60 on Thursday. Advanced Micro Devices, Inc. has a 12-month low of $94.07 and a 12-month high of $227.30. The firm has a market capitalization of $240.18 billion, a PE ratio of 218.53, a price-to-earnings-growth ratio of 2.33 and a beta of 1.70. The company has a quick ratio of 2.01, a current ratio of 2.82 and a debt-to-equity ratio of 0.03. The stock’s fifty day moving average is $155.17 and its 200-day moving average is $156.03.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings data on Tuesday, October 29th. The semiconductor manufacturer reported $0.92 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.92. Advanced Micro Devices had a return on equity of 5.98% and a net margin of 5.82%. The firm had revenue of $6.82 billion for the quarter, compared to the consensus estimate of $6.71 billion. During the same quarter in the previous year, the company earned $0.53 EPS. The business’s revenue for the quarter was up 17.6% compared to the same quarter last year. Equities analysts anticipate that Advanced Micro Devices, Inc. will post 2.56 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Roth Mkm reaffirmed a “buy” rating and set a $200.00 target price on shares of Advanced Micro Devices in a report on Friday, October 11th. Truist Financial reduced their target price on Advanced Micro Devices from $162.00 to $156.00 and set a “hold” rating on the stock in a report on Wednesday, July 31st. Robert W. Baird reduced their target price on Advanced Micro Devices from $200.00 to $175.00 and set an “outperform” rating on the stock in a report on Wednesday, July 31st. StockNews.com downgraded Advanced Micro Devices from a “hold” rating to a “sell” rating in a report on Wednesday, July 31st. Finally, Wedbush restated an “outperform” rating and set a $200.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, July 31st. One analyst has rated the stock with a sell rating, three have given a hold rating, twenty-eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Advanced Micro Devices has an average rating of “Moderate Buy” and a consensus target price of $192.79.

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.