Privium Fund Management B.V. Buys 7,000 Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

Privium Fund Management B.V. increased its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 18.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 44,000 shares of the semiconductor manufacturer’s stock after purchasing an additional 7,000 shares during the quarter. Advanced Micro Devices makes up about 1.8% of Privium Fund Management B.V.’s portfolio, making the stock its 15th biggest position. Privium Fund Management B.V.’s holdings in Advanced Micro Devices were worth $7,225,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Quantbot Technologies LP bought a new position in shares of Advanced Micro Devices during the first quarter valued at approximately $331,000. WealthPLAN Partners LLC boosted its position in Advanced Micro Devices by 32.7% during the 1st quarter. WealthPLAN Partners LLC now owns 1,996 shares of the semiconductor manufacturer’s stock valued at $360,000 after acquiring an additional 492 shares in the last quarter. Significant Wealth Partners LLC purchased a new position in shares of Advanced Micro Devices in the 1st quarter valued at $222,000. Chilton Capital Management LLC bought a new position in shares of Advanced Micro Devices in the 1st quarter worth $541,000. Finally, WNY Asset Management LLC bought a new stake in Advanced Micro Devices during the first quarter valued at about $222,000. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 40,540 shares of the company’s stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $141.67, for a total value of $5,743,301.80. Following the completion of the transaction, the executive vice president now owns 293,347 shares in the company, valued at approximately $41,558,469.49. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, CEO Lisa T. Su sold 80,000 shares of Advanced Micro Devices stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $143.87, for a total value of $11,509,600.00. Following the sale, the chief executive officer now owns 3,566,762 shares of the company’s stock, valued at approximately $513,150,048.94. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Forrest Eugene Norrod sold 40,540 shares of the business’s stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $141.67, for a total transaction of $5,743,301.80. Following the completion of the sale, the executive vice president now directly owns 293,347 shares of the company’s stock, valued at approximately $41,558,469.49. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. 0.73% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on AMD. Rosenblatt Securities restated a “buy” rating and issued a $250.00 price target on shares of Advanced Micro Devices in a report on Monday, October 28th. TD Cowen cut their price target on shares of Advanced Micro Devices from $210.00 to $185.00 and set a “buy” rating on the stock in a report on Wednesday, October 30th. Robert W. Baird reduced their price target on Advanced Micro Devices from $200.00 to $175.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 31st. Cantor Fitzgerald reissued an “overweight” rating and issued a $180.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, October 30th. Finally, Edward Jones initiated coverage on Advanced Micro Devices in a research note on Tuesday, August 20th. They issued a “buy” rating for the company. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, twenty-eight have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Advanced Micro Devices currently has an average rating of “Moderate Buy” and a consensus price target of $192.79.

Advanced Micro Devices Stock Down 1.2 %

Advanced Micro Devices stock opened at $147.95 on Friday. The business’s 50-day moving average price is $154.44 and its 200 day moving average price is $155.52. The company has a quick ratio of 1.78, a current ratio of 2.50 and a debt-to-equity ratio of 0.03. The firm has a market cap of $240.09 billion, a price-to-earnings ratio of 133.29, a price-to-earnings-growth ratio of 2.01 and a beta of 1.71. Advanced Micro Devices, Inc. has a 52 week low of $113.06 and a 52 week high of $227.30.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, October 29th. The semiconductor manufacturer reported $0.92 EPS for the quarter, hitting analysts’ consensus estimates of $0.92. Advanced Micro Devices had a net margin of 7.52% and a return on equity of 6.62%. The business had revenue of $6.82 billion for the quarter, compared to analysts’ expectations of $6.71 billion. During the same quarter last year, the company earned $0.53 EPS. The business’s revenue was up 17.6% on a year-over-year basis. As a group, sell-side analysts anticipate that Advanced Micro Devices, Inc. will post 2.53 earnings per share for the current year.

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.