1 week Ago By ABMN Staff
Addison Advisors LLC lifted its position in Advanced Micro Devices, Inc. ( NASDAQ:AMD – Free Report ) by 29.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC).
The firm owned 383 shares of the semiconductor manufacturer’s stock after acquiring an additional 87 shares during the period. Addison Advisors LLC’s holdings in Advanced Micro Devices were worth $62,000 at the end of the most recent quarter. Other hedge funds and other institutional investors have also bought and sold shares of the company.
International Assets Investment Management LLC raised its stake in Advanced Micro Devices by 8.5% during the 4th quarter. International Assets Investment Management LLC now owns 25,354 shares of the semiconductor manufacturer’s stock worth $3,737,000 after buying an additional 1,990 shares during the period.
Gables Capital Management Inc. acquired a new stake in shares of Advanced Micro Devices during the fourth quarter worth about $29,000. Precision Wealth Strategies LLC lifted its holdings in shares of Advanced Micro Devices by 4.
0% during the 4th quarter. Precision Wealth Strategies LLC now owns 4,060 shares of the semiconductor manufacturer’s stock valued at $598,000 after purchasing an additional 155 shares in the last quarter. Concentrum Wealth Management grew its position in shares of Advanced Micro Devices by 6.
6% in the 4th quarter. Concentrum Wealth Management now owns 38,157 shares of the semiconductor manufacturer’s stock valued at $5,625,000 after purchasing an additional 2,354 shares during the period. Finally, 9258 Wealth Management LLC increased its stake in Advanced Micro Devices by 70.
4% during the 4th quarter. 9258 Wealth Management LLC now owns 12,122 shares of the semiconductor manufacturer’s stock worth $1,787,000 after purchasing an additional 5,009 shares in the last quarter. Institutional investors own 71.
34% of the company’s stock. Advanced Micro Devices Price Performance Advanced Micro Devices stock opened at $134.35 on Friday.
Advanced Micro Devices, Inc. has a 12 month low of $93.11 and a 12 month high of $227.
30. The stock’s 50 day moving average is $151.31 and its 200-day moving average is $162.
90. The company has a current ratio of 2.82, a quick ratio of 2.
01 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $217.
15 billion, a price-to-earnings ratio of 197.57, a PEG ratio of 2.03 and a beta of 1.
69. Insider Buying and Selling In related news, EVP Mark D. Papermaster sold 16,756 shares of the stock in a transaction that occurred on Monday, July 15th.
The stock was sold at an average price of $184.50, for a total transaction of $3,091,482.00.
Following the sale, the executive vice president now owns 1,546,227 shares of the company’s stock, valued at $285,278,881.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link .
In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 16,200 shares of the company’s stock in a transaction on Friday, June 14th. The stock was sold at an average price of $158.
94, for a total transaction of $2,574,828.00. Following the completion of the sale, the executive vice president now directly owns 1,546,227 shares in the company, valued at $245,757,319.
38. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website . Also, EVP Mark D.
Papermaster sold 16,756 shares of the company’s stock in a transaction on Monday, July 15th. The stock was sold at an average price of $184.50, for a total value of $3,091,482.
00. Following the sale, the executive vice president now owns 1,546,227 shares of the company’s stock, valued at $285,278,881.50.
The disclosure for this sale can be found here . 0.73% of the stock is currently owned by company insiders.
Wall Street Analysts Forecast Growth A number of brokerages have weighed in on AMD. Truist Financial cut their price target on shares of Advanced Micro Devices from $162.00 to $156.
00 and set a “hold” rating on the stock in a research note on Wednesday, July 31st. Morgan Stanley upped their target price on shares of Advanced Micro Devices from $176.00 to $178.
00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 31st. StockNews.com downgraded Advanced Micro Devices from a “hold” rating to a “sell” rating in a research note on Wednesday, July 31st.
Cantor Fitzgerald cut their price target on Advanced Micro Devices from $200.00 to $180.00 and set an “overweight” rating on the stock in a report on Wednesday, July 31st.
Finally, KeyCorp decreased their price objective on Advanced Micro Devices from $230.00 to $220.00 and set an “overweight” rating for the company in a report on Tuesday, July 9th.
One investment analyst has rated the stock with a sell rating, three have given a hold rating, twenty-eight have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $193.
45. Check Out Our Latest Report on AMD Advanced Micro Devices 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. Featured Stories Want to see what other hedge funds are holding AMD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Advanced Micro Devices, Inc.
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