Fox Run Management L.L.C. Increases Holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Fox Run Management L.L.C. boosted its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 392.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,757 shares of the semiconductor manufacturer's stock after purchasing an additional 8,571 shares during the quarter. Fox Run Management L.L.C.'s holdings in Advanced Micro Devices were worth $1,299,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. KLP Kapitalforvaltning AS purchased a new position in shares of Advanced Micro Devices in the 4th quarter worth approximately $65,897,000. Umpqua Bank lifted its position in Advanced Micro Devices by 25.2% in the fourth quarter. Umpqua Bank now owns 2,699 shares of the semiconductor manufacturer's stock worth $313,000 after buying an additional 543 shares during the last quarter. Sfmg LLC boosted its stake in Advanced Micro Devices by 3.5% during the fourth quarter. Sfmg LLC now owns 54,642 shares of the semiconductor manufacturer's stock worth $6,600,000 after buying an additional 1,853 shares during the period. Intellus Advisors LLC bought a new position in Advanced Micro Devices during the fourth quarter valued at $1,886,000. Finally, Plancorp LLC lifted its holdings in shares of Advanced Micro Devices by 2.2% in the 4th quarter. Plancorp LLC now owns 5,134 shares of the semiconductor manufacturer's stock worth $620,000 after acquiring an additional 112 shares during the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.

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Advanced Micro Devices Stock Up 0.8 %

Shares of Advanced Micro Devices stock traded up $0.96 on Tuesday, reaching $114.81. The stock had a trading volume of 28,999,368 shares, compared to its average volume of 43,384,243. 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 stock has a market capitalization of $186.05 billion, a P/E ratio of 115.97, a P/E/G ratio of 1.11 and a beta of 1.74. The company has a 50 day moving average price of $110.18 and a 200 day moving average price of $131.46. Advanced Micro Devices, Inc. has a 1 year low of $94.73 and a 1 year high of $187.28.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 earnings per share (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%. As a group, equities research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Insider Buying and Selling at Advanced Micro Devices

In related news, EVP Philip Guido purchased 4,645 shares of the business's stock in a transaction on Friday, February 7th. The shares were acquired at an average price 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 trade represents a 16.09 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.73% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities analysts recently commented on AMD shares. Stifel Nicolaus cut their price target on shares of Advanced Micro Devices from $200.00 to $162.00 and set a "buy" rating on the stock in a report on Wednesday, February 5th. UBS Group set a $175.00 price target on Advanced Micro Devices in a research note on Wednesday, February 5th. Loop Capital initiated coverage on Advanced Micro Devices in a research report on Tuesday, January 14th. They issued a "buy" rating and a $175.00 price objective on the stock. Melius downgraded Advanced Micro Devices from a "buy" rating to a "hold" rating and decreased their target price for the stock from $160.00 to $129.00 in a research report on Tuesday, January 28th. Finally, Citigroup restated a "buy" rating on shares of Advanced Micro Devices in a report on Wednesday, February 19th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating, nineteen have given a buy rating and three have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $155.14.

Advanced Micro Devices 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.