3,874 Shares in Advanced Micro Devices, Inc. (NASDAQ:AMD) Bought by Atlas Legacy Advisors LLC

Atlas Legacy Advisors LLC bought a new stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 3,874 shares of the semiconductor manufacturer’s stock, valued at approximately $468,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of AMD. Charles Schwab Investment Management Inc. increased its holdings in shares of Advanced Micro Devices by 1.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 9,656,965 shares of the semiconductor manufacturer’s stock worth $1,584,515,000 after purchasing an additional 177,700 shares during the last quarter. Swiss National Bank increased its stake in Advanced Micro Devices by 0.3% in the 3rd quarter. Swiss National Bank now owns 4,797,575 shares of the semiconductor manufacturer’s stock worth $787,186,000 after acquiring an additional 12,500 shares during the last quarter. Shum Financial Group Inc. bought a new stake in Advanced Micro Devices in the 3rd quarter worth approximately $858,000. State Street Corp raised its holdings in shares of Advanced Micro Devices by 2.3% during the 3rd quarter. State Street Corp now owns 70,170,271 shares of the semiconductor manufacturer’s stock worth $11,513,538,000 after acquiring an additional 1,580,035 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in shares of Advanced Micro Devices by 1.3% during the 3rd quarter. Geode Capital Management LLC now owns 34,243,843 shares of the semiconductor manufacturer’s stock valued at $5,597,337,000 after acquiring an additional 441,924 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors.

Advanced Micro Devices Trading Up 1.0 %

NASDAQ AMD opened at $114.28 on Wednesday. Advanced Micro Devices, Inc. has a one year low of $106.50 and a one 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. The company has a market capitalization of $185.19 billion, a price-to-earnings ratio of 115.44, a price-to-earnings-growth ratio of 1.04 and a beta of 1.65. The company’s 50-day simple moving average is $119.80 and its two-hundred day simple moving average is $138.44.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.07. Advanced Micro Devices had a net margin of 6.36% and a return on equity of 7.42%. Equities analysts forecast that Advanced Micro Devices, Inc. will post 4.11 EPS for the current fiscal year.

Insider Activity

In other Advanced Micro Devices news, CEO Lisa T. Su sold 76,496 shares of the firm’s stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $142.66, for a total value of $10,912,919.36. Following the completion of the sale, the chief executive officer now directly owns 3,566,762 shares in the company, valued at $508,834,266.92. This trade represents a 2.10 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Philip Guido purchased 4,645 shares of Advanced Micro Devices stock in a transaction dated Friday, February 7th. The shares were acquired at an average cost of $107.56 per share, for a total transaction of $499,616.20. Following the completion of the transaction, the executive vice president now owns 33,522 shares of the company’s stock, valued at approximately $3,605,626.32. This represents a 16.09 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 0.73% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. Benchmark reaffirmed a “buy” rating and set a $170.00 price target on shares of Advanced Micro Devices in a research note on Tuesday. UBS Group decreased their target price on shares of Advanced Micro Devices from $210.00 to $205.00 and set a “buy” rating on the stock in a research report on Wednesday, October 30th. Wedbush reiterated an “outperform” rating and issued a $150.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, February 5th. Morgan Stanley decreased their price objective on Advanced Micro Devices from $158.00 to $147.00 and set an “equal weight” rating on the stock in a research report on Tuesday, February 4th. Finally, Evercore ISI boosted their target price on Advanced Micro Devices from $193.00 to $198.00 and gave the company an “outperform” rating in a research report on Wednesday, October 30th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating, eighteen have given a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, Advanced Micro Devices has a consensus rating of “Moderate Buy” and a consensus price target of $158.70.

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.