Astoria Portfolio Advisors LLC. Has $308,000 Holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Astoria Portfolio Advisors LLC. raised its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 13.3% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,708 shares of the semiconductor manufacturer’s stock after buying an additional 200 shares during the quarter. Astoria Portfolio Advisors LLC.’s holdings in Advanced Micro Devices were worth $308,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Spartan Planning & Wealth Management acquired a new position in shares of Advanced Micro Devices during the third quarter worth approximately $27,000. Northwest Bank & Trust Co bought a new stake in Advanced Micro Devices during the fourth quarter worth $28,000. Bare Financial Services Inc bought a new stake in Advanced Micro Devices during the fourth quarter worth $29,000. MeadowBrook Investment Advisors LLC bought a new stake in Advanced Micro Devices during the fourth quarter worth $29,000. Finally, Gables Capital Management Inc. bought a new stake in Advanced Micro Devices during the fourth quarter worth $29,000. 71.34% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. HSBC upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating and upped their price target for the stock from $180.00 to $225.00 in a report on Tuesday, April 16th. DZ Bank upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $190.00 price objective for the company in a research note on Tuesday, May 7th. StockNews.com downgraded Advanced Micro Devices from a “hold” rating to a “sell” rating in a research note on Saturday, June 15th. Wedbush restated an “outperform” rating and issued a $200.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, May 1st. Finally, Roth Mkm reduced their price objective on Advanced Micro Devices from $190.00 to $180.00 and set a “buy” rating for the company in a research note on Wednesday, May 1st. One analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-seven have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $190.83.

Advanced Micro Devices Price Performance

Shares of AMD stock opened at $162.21 on Friday. The firm has a market cap of $262.18 billion, a P/E ratio of 238.55, a P/E/G ratio of 1.84 and a beta of 1.69. Advanced Micro Devices, Inc. has a fifty-two week low of $93.11 and a fifty-two week high of $227.30. The business’s 50 day moving average price is $159.12 and its 200-day moving average price is $164.86. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.92 and a current ratio of 2.64.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, April 30th. The semiconductor manufacturer reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.01. The firm had revenue of $5.47 billion for the quarter, compared to analyst estimates of $5.48 billion. Advanced Micro Devices had a return on equity of 5.72% and a net margin of 4.89%. The business’s quarterly revenue was up 2.2% compared to the same quarter last year. During the same period last year, the company earned $0.43 EPS. On average, equities research analysts anticipate that Advanced Micro Devices, Inc. will post 2.61 earnings per share for the current year.

Insider Transactions at Advanced Micro Devices

In other news, EVP Mark D. Papermaster sold 16,200 shares of the firm’s stock in a transaction that occurred on Friday, June 14th. The stock was sold at an average price of $158.94, for a total value of $2,574,828.00. Following the completion of the transaction, the executive vice president now owns 1,546,227 shares in the company, valued at approximately $245,757,319.38. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 0.73% of the company’s stock.

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.