Advanced Micro Devices, Inc. (NASDAQ:AMD) Stock Holdings Increased by MetLife Investment Management LLC

MetLife Investment Management LLC lifted its position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 1.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 476,152 shares of the semiconductor manufacturer's stock after acquiring an additional 7,057 shares during the quarter. MetLife Investment Management LLC's holdings in Advanced Micro Devices were worth $57,514,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Howard Capital Management Group LLC increased its position in Advanced Micro Devices by 21.6% in the third quarter. Howard Capital Management Group LLC now owns 1,827 shares of the semiconductor manufacturer's stock worth $300,000 after buying an additional 324 shares during the period. Principal Financial Group Inc. lifted its position in Advanced Micro Devices by 30.2% in the 3rd quarter. Principal Financial Group Inc. now owns 2,537,968 shares of the semiconductor manufacturer's stock valued at $416,430,000 after purchasing an additional 588,595 shares during the last quarter. M&T Bank Corp boosted its stake in Advanced Micro Devices by 6.0% during the 3rd quarter. M&T Bank Corp now owns 116,889 shares of the semiconductor manufacturer's stock valued at $19,179,000 after purchasing an additional 6,569 shares during the period. Advisory Resource Group grew its position in Advanced Micro Devices by 19.3% in the 3rd quarter. Advisory Resource Group now owns 7,920 shares of the semiconductor manufacturer's stock worth $1,300,000 after purchasing an additional 1,282 shares during the last quarter. Finally, Westside Investment Management Inc. increased its stake in shares of Advanced Micro Devices by 1.9% in the third quarter. Westside Investment Management Inc. now owns 5,407 shares of the semiconductor manufacturer's stock valued at $815,000 after purchasing an additional 103 shares during the period. 71.34% of the stock is currently owned by institutional investors.

Insider Transactions at Advanced Micro Devices

In other news, EVP Philip Guido bought 4,645 shares of the stock in a transaction that occurred on Friday, February 7th. The shares were acquired at an average cost of $107.56 per share, for a total transaction of $499,616.20. Following the purchase, the executive vice president now owns 33,522 shares of the company's stock, valued at $3,605,626.32. This represents a 16.09 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Mark D. Papermaster sold 17,500 shares of the stock in a transaction that occurred on Tuesday, April 15th. The shares were sold at an average price of $95.47, for a total value of $1,670,725.00. Following the sale, the executive vice president now owns 1,713,710 shares of the company's stock, valued at approximately $163,607,893.70. The trade was a 1.01 % decrease in their position. The disclosure for this sale can be found here. 0.06% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Susquehanna decreased their price objective on Advanced Micro Devices from $165.00 to $150.00 and set a "positive" rating for the company in a report on Wednesday, February 5th. StockNews.com cut Advanced Micro Devices from a "hold" rating to a "sell" rating in a research note on Wednesday, March 26th. Summit Insights raised Advanced Micro Devices to a "hold" rating in a report on Tuesday, February 4th. HSBC reaffirmed a "reduce" rating and issued a $110.00 price objective (down previously from $200.00) on shares of Advanced Micro Devices in a report on Wednesday, January 8th. Finally, Morgan Stanley set a $137.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, February 5th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, seventeen have issued a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $144.90.

Advanced Micro Devices Trading Down 0.9 %

Shares of NASDAQ:AMD opened at $87.50 on Friday. Advanced Micro Devices, Inc. has a 12-month low of $76.48 and a 12-month high of $187.28. The company has a quick ratio of 1.83, a current ratio of 2.62 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of $141.42 billion, a P/E ratio of 88.38, a price-to-earnings-growth ratio of 1.11 and a beta of 1.89. The firm has a fifty day moving average of $100.93 and a two-hundred day moving average of $123.55.

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

About Advanced Micro Devices

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.

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