Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares Bought by DCF Advisers LLC

DCF Advisers LLC boosted its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 31.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 50,000 shares of the semiconductor manufacturer's stock after acquiring an additional 12,000 shares during the period. Advanced Micro Devices accounts for about 2.9% of DCF Advisers LLC's holdings, making the stock its 8th biggest position. DCF Advisers LLC's holdings in Advanced Micro Devices were worth $6,040,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Swedbank AB raised its position in Advanced Micro Devices by 0.8% during the 3rd quarter. Swedbank AB now owns 2,151,636 shares of the semiconductor manufacturer's stock worth $353,040,000 after buying an additional 17,446 shares during the last quarter. Howard Capital Management Group LLC increased its stake in shares of Advanced Micro Devices by 21.6% during the third quarter. Howard Capital Management Group LLC now owns 1,827 shares of the semiconductor manufacturer's stock worth $300,000 after acquiring an additional 324 shares during the period. Principal Financial Group Inc. raised its holdings in Advanced Micro Devices by 30.2% during the third quarter. Principal Financial Group Inc. now owns 2,537,968 shares of the semiconductor manufacturer's stock worth $416,430,000 after purchasing an additional 588,595 shares in the last quarter. United Bank acquired a new stake in Advanced Micro Devices in the third quarter valued at about $516,000. Finally, PNC Financial Services Group Inc. boosted its holdings in Advanced Micro Devices by 4.2% in the 3rd quarter. PNC Financial Services Group Inc. now owns 327,613 shares of the semiconductor manufacturer's stock valued at $53,755,000 after purchasing an additional 13,189 shares in the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.

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Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on AMD shares. Argus set a $160.00 target price on Advanced Micro Devices in a research note on Thursday, February 6th. Melius Research reiterated a "hold" rating and issued a $129.00 price objective (down previously from $160.00) on shares of Advanced Micro Devices in a research report on Tuesday, January 28th. DZ Bank downgraded Advanced Micro Devices from a "buy" rating to a "hold" rating and set a $120.00 target price for the company. in a report on Friday, February 7th. Benchmark reaffirmed a "buy" rating and set a $170.00 price target on shares of Advanced Micro Devices in a research note on Tuesday, February 18th. Finally, Rosenblatt Securities reiterated a "buy" rating and issued a $250.00 price objective on shares of Advanced Micro Devices in a research note on Tuesday, February 4th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating, nineteen have assigned a buy rating and three have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $155.14.

Advanced Micro Devices Trading Up 7.0 %

Shares of Advanced Micro Devices stock traded up $7.41 during trading hours on Monday, reaching $113.85. 53,184,678 shares of the company's stock were exchanged, compared to its average volume of 43,502,150. Advanced Micro Devices, Inc. has a 52-week low of $94.73 and a 52-week high of $187.28. The company has a fifty day moving average of $110.28 and a 200-day moving average of $131.78. 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 firm has a market capitalization of $184.49 billion, a price-to-earnings ratio of 115.00, a price-to-earnings-growth ratio of 1.11 and a beta of 1.74.

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

Insider Buying and Selling

In other news, EVP Philip Guido acquired 4,645 shares of the company's stock in a transaction dated Friday, February 7th. The stock was acquired at an average cost of $107.56 per share, for a total transaction of $499,616.20. Following the acquisition, the executive vice president now directly owns 33,522 shares in the company, valued at approximately $3,605,626.32. This represents a 16.09 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. 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.