Advanced Micro Devices, Inc. (NASDAQ:AMD) Stock Holdings Boosted by CWA Asset Management Group LLC

CWA Asset Management Group LLC lifted its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Get Rating) by 13.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 5,073 shares of the semiconductor manufacturer’s stock after acquiring an additional 583 shares during the period. CWA Asset Management Group LLC’s holdings in Advanced Micro Devices were worth $329,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of AMD. SouthState Corp grew its position in shares of Advanced Micro Devices by 234.5% during the third quarter. SouthState Corp now owns 388 shares of the semiconductor manufacturer’s stock worth $25,000 after acquiring an additional 272 shares during the last quarter. TD Capital Management LLC acquired a new stake in Advanced Micro Devices in the third quarter worth about $25,000. Householder Group Estate & Retirement Specialist LLC acquired a new stake in Advanced Micro Devices in the third quarter worth about $27,000. Mine & Arao Wealth Creation & Management LLC. lifted its holdings in Advanced Micro Devices by 1,915.8% in the second quarter. Mine & Arao Wealth Creation & Management LLC. now owns 383 shares of the semiconductor manufacturer’s stock worth $29,000 after purchasing an additional 364 shares during the period. Finally, IAG Wealth Partners LLC lifted its holdings in Advanced Micro Devices by 189.9% in the third quarter. IAG Wealth Partners LLC now owns 458 shares of the semiconductor manufacturer’s stock worth $29,000 after purchasing an additional 300 shares during the period. Institutional investors own 67.17% of the company’s stock.

Insider Buying and Selling

In other Advanced Micro Devices news, EVP Rick Bergman sold 3,000 shares of the company’s stock in a transaction that occurred on Thursday, February 9th. The stock was sold at an average price of $85.88, for a total transaction of $257,640.00. Following the completion of the sale, the executive vice president now owns 155,232 shares of the company’s stock, valued at $13,331,324.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Advanced Micro Devices news, EVP Rick Bergman sold 3,000 shares of the company’s stock in a transaction that occurred on Thursday, February 9th. The stock was sold at an average price of $85.88, for a total transaction of $257,640.00. Following the completion of the sale, the executive vice president now owns 155,232 shares of the company’s stock, valued at $13,331,324.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Mark D. Papermaster sold 30,000 shares of the company’s stock in a transaction that occurred on Monday, February 6th. The stock was sold at an average price of $85.19, for a total value of $2,555,700.00. Following the sale, the executive vice president now directly owns 1,516,945 shares of the company’s stock, valued at approximately $129,228,544.55. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 63,000 shares of company stock worth $5,264,040. Insiders own 1.00% of the company’s stock.

Advanced Micro Devices Trading Up 1.3 %

NASDAQ:AMD opened at $97.84 on Friday. The stock’s 50 day moving average price is $79.37 and its 200 day moving average price is $72.22. Advanced Micro Devices, Inc. has a 52 week low of $54.57 and a 52 week high of $125.67. The company has a market capitalization of $157.66 billion, a P/E ratio of 111.18, a P/E/G ratio of 5.44 and a beta of 1.95. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.77 and a current ratio of 2.36.

Advanced Micro Devices (NASDAQ:AMD – Get Rating) last released its quarterly earnings data on Tuesday, January 31st. The semiconductor manufacturer reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.67 by $0.02. Advanced Micro Devices had a return on equity of 8.52% and a net margin of 5.59%. The firm had revenue of $5.60 billion for the quarter, compared to the consensus estimate of $5.52 billion. During the same quarter in the prior year, the company posted $0.83 earnings per share. The firm’s revenue was up 16.0% on a year-over-year basis. On average, research analysts forecast that Advanced Micro Devices, Inc. will post 2.41 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. KeyCorp upped their price objective on shares of Advanced Micro Devices from $80.00 to $95.00 and gave the stock an “overweight” rating in a report on Wednesday, February 1st. BMO Capital Markets initiated coverage on shares of Advanced Micro Devices in a report on Wednesday, February 1st. They issued a “buy” rating and a $110.00 price objective for the company. Raymond James initiated coverage on shares of Advanced Micro Devices in a report on Thursday, March 2nd. They issued a “strong-buy” rating and a $100.00 price target for the company. Sanford C. Bernstein downgraded shares of Advanced Micro Devices from an “outperform” rating to a “market perform” rating and cut their price target for the company from $95.00 to $80.00 in a report on Tuesday, January 24th. Finally, Barclays upped their price target on shares of Advanced Micro Devices from $85.00 to $90.00 and gave the company an “overweight” rating in a report on Wednesday, February 1st. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $93.60.

Advanced Micro Devices Profile

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Advanced Micro Devices, Inc engages in the provision of semiconductor businesses. It operates through the following segments: Computing & Graphics, and Enterprise, Embedded and Semi-Custom. The Computing and Graphics segment includes desktop and notebook processors and chipsets, discrete and integrated graphics processing units, data center and professional GPUs and development services.