Advanced Micro Devices, Inc. (NASDAQ:AMD) Stock Holdings Lessened by Assetmark Inc.

Assetmark Inc. decreased its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMDFree Report) by 7.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 143,042 shares of the semiconductor manufacturer’s stock after selling 11,625 shares during the quarter. Assetmark Inc.’s holdings in Advanced Micro Devices were worth $21,086,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. GW&K Investment Management LLC increased its stake in Advanced Micro Devices by 11.5% during the 4th quarter. GW&K Investment Management LLC now owns 822 shares of the semiconductor manufacturer’s stock valued at $121,000 after buying an additional 85 shares during the period. O Neil Global Advisors Inc. purchased a new position in Advanced Micro Devices during the 4th quarter worth approximately $7,257,000. STF Management LP raised its position in Advanced Micro Devices by 3.7% during the fourth quarter. STF Management LP now owns 27,470 shares of the semiconductor manufacturer’s stock valued at $4,049,000 after buying an additional 980 shares during the period. Corient Private Wealth LLC grew its stake in Advanced Micro Devices by 2.9% during the 4th quarter. Corient Private Wealth LLC now owns 410,307 shares of the semiconductor manufacturer’s stock valued at $60,483,000 after acquiring an additional 11,642 shares in the last quarter. Finally, D.A. Davidson & CO. increased its stake in Advanced Micro Devices by 24.6% in the 4th quarter. D.A. Davidson & CO. now owns 25,919 shares of the semiconductor manufacturer’s stock valued at $3,821,000 after buying an additional 5,121 shares during the period. Institutional investors own 71.34% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on AMD shares. StockNews.com lowered shares of Advanced Micro Devices from a “hold” rating to a “sell” rating in a research note on Saturday, May 4th. UBS Group lowered their price target on Advanced Micro Devices from $205.00 to $200.00 and set a “buy” rating on the stock in a research note on Wednesday, May 1st. Barclays lifted their price objective on Advanced Micro Devices from $200.00 to $235.00 and gave the company an “overweight” rating in a report on Monday, March 4th. HSBC upgraded shares of Advanced Micro Devices from a “hold” rating to a “buy” rating and increased their target price for the stock from $180.00 to $225.00 in a research report on Tuesday, April 16th. Finally, Susquehanna dropped their price objective on shares of Advanced Micro Devices from $200.00 to $185.00 and set a “positive” rating for the company in a research report on Monday, April 29th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and twenty-eight have given a buy rating to the stock. According to MarketBeat.com, Advanced Micro Devices presently has a consensus rating of “Moderate Buy” and a consensus target price of $185.26.

View Our Latest Report on Advanced Micro Devices

Insider Transactions at Advanced Micro Devices

In other news, EVP Mark D. Papermaster sold 16,200 shares of the business’s stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $164.25, for a total value of $2,660,850.00. Following the transaction, the executive vice president now owns 1,554,602 shares in the company, valued at approximately $255,343,378.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, EVP Mark D. Papermaster sold 16,200 shares of the stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $164.25, for a total transaction of $2,660,850.00. Following the sale, the executive vice president now owns 1,554,602 shares of the company’s stock, valued at approximately $255,343,378.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Lisa T. Su sold 125,000 shares of the company’s stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $195.13, for a total transaction of $24,391,250.00. Following the completion of the transaction, the chief executive officer now directly owns 3,222,230 shares in the company, valued at approximately $628,753,739.90. The disclosure for this sale can be found here. Insiders have sold 165,650 shares of company stock valued at $31,761,199 over the last ninety days. 0.65% of the stock is owned by company insiders.

Advanced Micro Devices Price Performance

AMD traded up $3.86 on Wednesday, hitting $168.52. 16,810,678 shares of the stock were exchanged, compared to its average volume of 67,721,492. The business has a 50-day moving average of $165.87 and a two-hundred day moving average of $157.24. The firm has a market capitalization of $272.38 billion, a price-to-earnings ratio of 242.15, a PEG ratio of 2.57 and a beta of 1.66. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.64 and a quick ratio of 1.92. Advanced Micro Devices, Inc. has a 12 month low of $93.11 and a 12 month high of $227.30.

Advanced Micro Devices (NASDAQ:AMDGet Free Report) last issued its earnings results on Tuesday, April 30th. The semiconductor manufacturer reported $0.62 earnings per share for the quarter, beating 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 net margin of 4.89% and a return on equity of 5.72%. The company’s quarterly revenue was up 2.2% on a year-over-year basis. During the same quarter last year, the business posted $0.43 earnings per share. Sell-side analysts forecast that Advanced Micro Devices, Inc. will post 2.62 EPS for the current fiscal year.

Advanced Micro Devices Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Advanced Micro Devices (NASDAQ:AMD)

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