2 weeks Ago By Defense World Staff
Sunbelt Securities Inc. boosted its position in Advanced Micro Devices, Inc. ( NASDAQ:AMD – Free Report ) by 224.
1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,991 shares of the semiconductor manufacturer’s stock after purchasing an additional 13,822 shares during the quarter. Sunbelt Securities Inc.
’s holdings in Advanced Micro Devices were worth $3,243,000 at the end of the most recent reporting period. Several other institutional investors have also added to or reduced their stakes in AMD. Tradewinds Capital Management LLC lifted its position in shares of Advanced Micro Devices by 102.
9% during the 1st quarter. Tradewinds Capital Management LLC now owns 140 shares of the semiconductor manufacturer’s stock valued at $25,000 after acquiring an additional 71 shares during the period. Morton Brown Family Wealth LLC lifted its position in shares of Advanced Micro Devices by 94.
4% during the 2nd quarter. Morton Brown Family Wealth LLC now owns 175 shares of the semiconductor manufacturer’s stock valued at $27,000 after acquiring an additional 85 shares during the period. Fairway Wealth LLC bought a new stake in shares of Advanced Micro Devices during the 2nd quarter valued at $27,000.
Northwest Bank & Trust Co bought a new stake in shares of Advanced Micro Devices during the 4th quarter valued at $28,000. Finally, Semmax Financial Advisors Inc. lifted its position in shares of Advanced Micro Devices by 926.
7% during the 1st quarter. Semmax Financial Advisors Inc. now owns 154 shares of the semiconductor manufacturer’s stock valued at $28,000 after acquiring an additional 139 shares during the period.
71.34% of the stock is currently owned by institutional investors. Wall Street Analyst Weigh In AMD has been the subject of a number of recent analyst reports.
KeyCorp cut their target price on Advanced Micro Devices from $230.00 to $220.00 and set an “overweight” rating for the company in a research report on Tuesday, July 9th.
Cantor Fitzgerald lowered their price target on Advanced Micro Devices from $200.00 to $180.00 and set an “overweight” rating for the company in a report on Wednesday, July 31st.
Barclays lowered their price target on Advanced Micro Devices from $235.00 to $180.00 and set an “overweight” rating for the company in a report on Monday, July 29th.
Citigroup boosted their price target on Advanced Micro Devices from $176.00 to $210.00 and gave the stock a “buy” rating in a report on Monday, July 15th.
Finally, Susquehanna reissued a “positive” rating and set a $200.00 price target on shares of Advanced Micro Devices in a report on Wednesday, July 31st. One research analyst has rated the stock with a sell rating, three have issued a hold rating, twenty-seven have assigned a buy rating and two have assigned a strong buy rating to the company’s stock.
Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $193.45. Advanced Micro Devices Trading Down 1.
9 % Shares of AMD stock opened at $164.35 on Monday. The stock has a market cap of $265.
64 billion, a price-to-earnings ratio of 241.69, a PEG ratio of 2.14 and a beta of 1.
69. The stock has a 50-day moving average of $146.47 and a 200-day moving average of $158.
55. The company has a current ratio of 2.82, a quick ratio of 2.
01 and a debt-to-equity ratio of 0.03. Advanced Micro Devices, Inc.
has a 1-year low of $93.11 and a 1-year high of $227.30.
Advanced Micro Devices ( NASDAQ:AMD – Get Free Report ) last announced its earnings results on Tuesday, July 30th. The semiconductor manufacturer reported $0.69 EPS for the quarter, beating the consensus estimate of $0.
68 by $0.01. Advanced Micro Devices had a return on equity of 5.
98% and a net margin of 5.82%. The company had revenue of $5.
84 billion for the quarter, compared to analyst estimates of $5.72 billion. During the same quarter in the prior year, the company earned $0.
40 EPS. The firm’s revenue for the quarter was up 8.9% compared to the same quarter last year.
On average, equities research analysts forecast that Advanced Micro Devices, Inc. will post 2.56 earnings per share for the current year.
Insider Activity at Advanced Micro Devices In related news, EVP Mark D. Papermaster sold 16,756 shares of the company’s stock in a transaction dated 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 in the company, valued at approximately $285,278,881.
50. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website . 0.
73% of the stock is owned by corporate insiders. 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. Recommended Stories Five stocks we like better than Advanced Micro Devices How Can Investors Benefit From After-Hours Trading Simon Property REIT: A Safe Bet for Growth and Steady Dividends What does consumer price index measure? CarMax’s Impressive Rally: What Investors Should Watch Next How to Evaluate a Stock Before Buying MarketBeat Week in Review – 9/23 – 9/27 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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