Vinva Investment Management Ltd Has $9.12 Million Position in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Vinva Investment Management Ltd grew its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 11.3% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 74,503 shares of the semiconductor manufacturer’s stock after buying an additional 7,541 shares during the period. Vinva Investment Management Ltd’s holdings in Advanced Micro Devices were worth $9,122,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. Bank of Marin increased its stake in Advanced Micro Devices by 8.8% in the fourth quarter. Bank of Marin now owns 6,535 shares of the semiconductor manufacturer’s stock valued at $789,000 after acquiring an additional 528 shares during the period. North Forty Two & Co. bought a new stake in Advanced Micro Devices in the fourth quarter valued at about $202,000. VSM Wealth Advisory LLC bought a new stake in Advanced Micro Devices in the fourth quarter valued at about $149,000. Andar Capital Management HK Ltd increased its stake in Advanced Micro Devices by 9.2% in the fourth quarter. Andar Capital Management HK Ltd now owns 66,600 shares of the semiconductor manufacturer’s stock valued at $8,045,000 after acquiring an additional 5,600 shares during the period. Finally, Brooklyn FI LLC bought a new stake in Advanced Micro Devices in the fourth quarter valued at about $3,239,000. Institutional investors and hedge funds own 71.34% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Susquehanna lowered their target price on shares of Advanced Micro Devices from $165.00 to $150.00 and set a “positive” rating on the stock in a research note on Wednesday, February 5th. Bank of America lowered their target price on shares of Advanced Micro Devices from $155.00 to $135.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 5th. Hsbc Global Res cut shares of Advanced Micro Devices from a “strong-buy” rating to a “moderate sell” rating in a research note on Wednesday, January 8th. Summit Insights raised shares of Advanced Micro Devices to a “hold” rating in a research note on Tuesday, February 4th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $250.00 price objective on shares of Advanced Micro Devices in a research note on Tuesday, February 4th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating, nineteen have given a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat.com, Advanced Micro Devices presently has a consensus rating of “Moderate Buy” and a consensus price target of $155.14.

Insider Transactions at Advanced Micro Devices

In other news, EVP Philip Guido purchased 4,645 shares of Advanced Micro Devices stock in a transaction dated Friday, February 7th. The shares were bought at an average cost of $107.56 per share, with a total value of $499,616.20. Following the completion of the transaction, the executive vice president now directly owns 33,522 shares in the company, valued at $3,605,626.32. This trade represents a 16.09 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.73% of the company’s stock.

Advanced Micro Devices Trading Down 1.0 %

Shares of NASDAQ AMD opened at $103.51 on Wednesday. The company’s 50 day simple moving average is $111.08 and its 200 day simple moving average is $132.53. Advanced Micro Devices, Inc. has a fifty-two week low of $94.73 and a fifty-two week high of $187.69. The firm has a market capitalization of $167.74 billion, a P/E ratio of 104.56, a P/E/G ratio of 1.11 and a beta of 1.74. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.62 and a quick ratio of 1.83.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 earnings per share for the quarter, hitting 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, 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.