Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares Acquired by Vanguard Group Inc.

Vanguard Group Inc. grew its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 1.0% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 150,210,152 shares of the semiconductor manufacturer's stock after acquiring an additional 1,441,626 shares during the quarter. Vanguard Group Inc. owned about 9.27% of Advanced Micro Devices worth $18,143,884,000 at the end of the most recent reporting period.

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

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Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on AMD. Melius lowered Advanced Micro Devices from a "buy" rating to a "hold" rating and decreased their price target for the stock from $160.00 to $129.00 in a research note on Tuesday, January 28th. DZ Bank lowered shares of Advanced Micro Devices from a "buy" rating to a "hold" rating and set a $120.00 target price for the company. in a research note on Friday, February 7th. Barclays reduced their price target on shares of Advanced Micro Devices from $170.00 to $140.00 and set an "overweight" rating on the stock in a research note on Friday, January 17th. The Goldman Sachs Group cut shares of Advanced Micro Devices from a "buy" rating to a "neutral" rating and lowered their price objective for the company from $175.00 to $129.00 in a research report on Friday, January 10th. Finally, Hsbc Global Res lowered shares of Advanced Micro Devices from a "strong-buy" rating to a "moderate sell" rating in a research report on Wednesday, January 8th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating, nineteen have given a buy rating and three have given a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $155.14.

Insider Transactions at Advanced Micro Devices

In other news, EVP Philip Guido purchased 4,645 shares of Advanced Micro Devices stock in a transaction dated Friday, February 7th. The shares were purchased at an average price of $107.56 per share, with a total value of $499,616.20. Following the transaction, the executive vice president now owns 33,522 shares in the company, valued at $3,605,626.32. This represents a 16.09 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.73% of the company's stock.

Advanced Micro Devices Price Performance

NASDAQ:AMD traded down $0.87 during trading hours on Tuesday, hitting $112.98. 16,837,505 shares of the stock were exchanged, compared to its average volume of 43,498,447. The firm's fifty day moving average price is $110.21 and its 200 day moving average price is $131.60. Advanced Micro Devices, Inc. has a 52-week low of $94.73 and a 52-week high of $187.28. The company has a market cap of $183.08 billion, a P/E ratio of 114.06, a P/E/G ratio of 1.11 and a beta of 1.74. The company has a current ratio of 2.62, a quick ratio of 1.83 and a debt-to-equity ratio of 0.03.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last issued its quarterly 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, equities research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

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.