Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares Acquired by Paradigm Asset Management Co. LLC

Paradigm Asset Management Co. LLC boosted its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 35.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,667 shares of the semiconductor manufacturer’s stock after buying an additional 700 shares during the quarter. Paradigm Asset Management Co. LLC’s holdings in Advanced Micro Devices were worth $322,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of AMD. Swedbank AB boosted its position in shares of Advanced Micro Devices by 0.8% in the 3rd quarter. Swedbank AB now owns 2,151,636 shares of the semiconductor manufacturer’s stock valued at $353,040,000 after purchasing an additional 17,446 shares during the period. Howard Capital Management Group LLC lifted its stake in Advanced Micro Devices by 21.6% during the third quarter. Howard Capital Management Group LLC now owns 1,827 shares of the semiconductor manufacturer’s stock valued at $300,000 after buying an additional 324 shares in the last quarter. Hennion & Walsh Asset Management Inc. boosted its holdings in shares of Advanced Micro Devices by 34.3% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 8,393 shares of the semiconductor manufacturer’s stock worth $1,377,000 after buying an additional 2,142 shares during the period. Bogart Wealth LLC increased its position in shares of Advanced Micro Devices by 26.6% in the third quarter. Bogart Wealth LLC now owns 2,857 shares of the semiconductor manufacturer’s stock worth $469,000 after acquiring an additional 600 shares in the last quarter. Finally, Global Trust Asset Management LLC raised its holdings in shares of Advanced Micro Devices by 617.3% during the third quarter. Global Trust Asset Management LLC now owns 1,614 shares of the semiconductor manufacturer’s stock valued at $265,000 after acquiring an additional 1,389 shares during the period. Institutional investors own 71.34% of the company’s stock.

Insiders Place Their Bets

In other Advanced Micro Devices news, CEO Lisa T. Su sold 76,496 shares of the stock in a transaction 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 of the company’s stock, valued at $508,834,266.92. This represents a 2.10 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Philip Guido acquired 4,645 shares of the company’s stock in a transaction dated Friday, February 7th. The shares were bought at an average price of $107.56 per share, for a total transaction of $499,616.20. Following the acquisition, the executive vice president now owns 33,522 shares in the company, valued at approximately $3,605,626.32. This trade 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 Ratings Changes

Several research firms have weighed in on AMD. HSBC reiterated a “reduce” rating and set a $110.00 price objective (down from $200.00) on shares of Advanced Micro Devices in a research report on Wednesday, January 8th. Cantor Fitzgerald reiterated an “overweight” rating and set a $180.00 price target on shares of Advanced Micro Devices in a report on Wednesday, October 30th. The Goldman Sachs Group downgraded Advanced Micro Devices from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $175.00 to $129.00 in a research note on Friday, January 10th. Hsbc Global Res cut Advanced Micro Devices from a “strong-buy” rating to a “moderate sell” rating in a research note on Wednesday, January 8th. Finally, Wolfe Research downgraded Advanced Micro Devices from an “outperform” rating to a “peer perform” rating in a report on Thursday, January 16th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating, eighteen have given a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $158.70.

Advanced Micro Devices Price Performance

NASDAQ AMD opened at $110.84 on Friday. The company has a market cap of $179.61 billion, a P/E ratio of 111.96, a P/E/G ratio of 1.15 and a beta of 1.65. Advanced Micro Devices, Inc. has a 1 year low of $106.50 and a 1 year high of $227.30. The company has a current ratio of 2.62, a quick ratio of 1.83 and a debt-to-equity ratio of 0.03. The company has a fifty day simple moving average of $118.84 and a 200 day simple moving average of $137.94.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.07. Advanced Micro Devices had a net margin of 6.36% and a return on equity of 7.42%. On average, sell-side analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS 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.