Mizuho Securities USA LLC Has $18.58 Million Stock Position in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Mizuho Securities USA LLC increased its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 46.6% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 153,805 shares of the semiconductor manufacturer's stock after acquiring an additional 48,855 shares during the period. Mizuho Securities USA LLC's holdings in Advanced Micro Devices were worth $18,578,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of AMD. Bedell Frazier Investment Counselling LLC increased its stake in shares of Advanced Micro Devices by 4.3% during the 3rd quarter. Bedell Frazier Investment Counselling LLC now owns 1,780 shares of the semiconductor manufacturer's stock worth $292,000 after purchasing an additional 74 shares during the last quarter. NCM Capital Management LLC grew its holdings in Advanced Micro Devices by 0.9% during the third quarter. NCM Capital Management LLC now owns 8,654 shares of the semiconductor manufacturer's stock worth $1,420,000 after purchasing an additional 75 shares during the period. Pin Oak Investment Advisors Inc. increased its position in Advanced Micro Devices by 15.2% during the third quarter. Pin Oak Investment Advisors Inc. now owns 575 shares of the semiconductor manufacturer's stock worth $94,000 after buying an additional 76 shares during the last quarter. Northeast Financial Consultants Inc raised its stake in Advanced Micro Devices by 2.9% in the third quarter. Northeast Financial Consultants Inc now owns 2,920 shares of the semiconductor manufacturer's stock valued at $479,000 after buying an additional 81 shares during the period. Finally, Abel Hall LLC lifted its position in shares of Advanced Micro Devices by 4.6% in the third quarter. Abel Hall LLC now owns 1,855 shares of the semiconductor manufacturer's stock valued at $304,000 after buying an additional 82 shares during the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.

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Insider Activity at Advanced Micro Devices

In other news, EVP Philip Guido bought 4,645 shares of the stock in a transaction on Friday, February 7th. The stock was acquired at an average price of $107.56 per share, with a total value 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 trade represents a 16.09 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.73% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on AMD shares. Roth Capital set a $140.00 target price on Advanced Micro Devices in a report on Wednesday, February 5th. Mizuho decreased their price objective on shares of Advanced Micro Devices from $140.00 to $120.00 and set an "outperform" rating on the stock in a report on Friday, March 14th. Argus set a $160.00 target price on shares of Advanced Micro Devices in a research note on Thursday, February 6th. Melius Research reiterated a "hold" rating and issued a $129.00 price target (down previously from $160.00) on shares of Advanced Micro Devices in a research note on Tuesday, January 28th. Finally, Piper Sandler reissued an "overweight" 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 given a hold rating, nineteen have assigned a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Advanced Micro Devices presently has a consensus rating of "Moderate Buy" and a consensus target price of $155.14.

Advanced Micro Devices Price Performance

Shares of Advanced Micro Devices stock traded up $0.96 during trading on Tuesday, reaching $114.81. 28,999,368 shares of the company's stock were exchanged, compared to its average volume of 43,498,447. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.83 and a current ratio of 2.62. Advanced Micro Devices, Inc. has a 1-year low of $94.73 and a 1-year high of $187.28. The company has a market cap of $186.05 billion, a P/E ratio of 115.97, a PEG ratio of 1.11 and a beta of 1.74. The firm's 50-day moving average price is $110.21 and its 200 day moving average price is $131.60.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last issued 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 return on equity of 7.42% and a net margin of 6.36%. As a group, research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

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.