4,634 Shares in Advanced Micro Devices, Inc. (NASDAQ:AMD) Bought by Natural Investments LLC

Natural Investments LLC bought a new position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 4,634 shares of the semiconductor manufacturer's stock, valued at approximately $559,000.

A number of other large investors also recently modified their holdings of the company. Avantax Planning Partners Inc. raised its stake in shares of Advanced Micro Devices by 24.2% during the 4th quarter. Avantax Planning Partners Inc. now owns 9,375 shares of the semiconductor manufacturer's stock worth $1,132,000 after purchasing an additional 1,827 shares during the period. Gables Capital Management Inc. increased its holdings in Advanced Micro Devices by 13.5% in the 4th quarter. Gables Capital Management Inc. now owns 3,530 shares of the semiconductor manufacturer's stock worth $426,000 after acquiring an additional 420 shares during the last quarter. Miller Financial Services LLC purchased a new stake in Advanced Micro Devices in the 4th quarter worth about $883,000. Citizens Financial Group Inc. RI increased its holdings in Advanced Micro Devices by 10.0% in the 4th quarter. Citizens Financial Group Inc. RI now owns 17,544 shares of the semiconductor manufacturer's stock worth $2,119,000 after acquiring an additional 1,590 shares during the last quarter. Finally, Riverbend Wealth Management LLC purchased a new stake in Advanced Micro Devices in the 4th quarter worth about $505,000. 71.34% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. KeyCorp decreased their price objective on Advanced Micro Devices from $150.00 to $140.00 and set an "overweight" rating for the company in a report on Wednesday, February 5th. Melius Research reaffirmed a "hold" rating and set a $129.00 target price (down previously from $160.00) on shares of Advanced Micro Devices in a report on Tuesday, January 28th. Argus set a $160.00 target price on Advanced Micro Devices in a report on Thursday, February 6th. Bank of America reduced their target price on Advanced Micro Devices from $155.00 to $135.00 and set a "neutral" rating for the company in a report on Wednesday, February 5th. Finally, TD Cowen dropped their price target on Advanced Micro Devices from $185.00 to $150.00 and set a "buy" rating for the company in a research report on Monday, January 13th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating, nineteen have assigned a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat, Advanced Micro Devices has a consensus rating of "Moderate Buy" and an average price target of $155.83.

Remove Ads

Advanced Micro Devices Price Performance

AMD opened at $96.76 on Wednesday. The stock has a fifty day simple moving average of $113.39 and a two-hundred day simple moving average of $134.17. The company has a current ratio of 2.62, a quick ratio of 1.83 and a debt-to-equity ratio of 0.03. The company has a market cap of $156.80 billion, a price-to-earnings ratio of 97.74, a price-to-earnings-growth ratio of 1.11 and a beta of 1.74. Advanced Micro Devices, Inc. has a 12-month low of $94.73 and a 12-month high of $202.85.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 earnings per share for the quarter, meeting the consensus estimate of $1.07. Advanced Micro Devices had a return on equity of 7.42% and a net margin of 6.36%. Research analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Insider Activity

In other news, EVP Philip Guido bought 4,645 shares of the company's stock in a transaction on Friday, February 7th. The shares were acquired 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 owns 33,522 shares of the company's stock, valued at approximately $3,605,626.32. This trade represents a 16.09 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.73% of the company's stock.

Advanced Micro Devices Company 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.

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. (NASDAQ:AMD - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.