Advanced Micro Devices, Inc. (NASDAQ:AMD) Holdings Raised by Keybank National Association OH

Keybank National Association OH lifted its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 3.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 65,226 shares of the semiconductor manufacturer’s stock after purchasing an additional 2,173 shares during the quarter. Keybank National Association OH’s holdings in Advanced Micro Devices were worth $7,879,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Bedell Frazier Investment Counselling LLC raised its stake in shares of Advanced Micro Devices by 4.3% during the third 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 in the last quarter. NCM Capital Management LLC raised its position in Advanced Micro Devices by 0.9% in the third quarter. NCM Capital Management LLC now owns 8,654 shares of the semiconductor manufacturer’s stock worth $1,420,000 after acquiring an additional 75 shares in the last quarter. Pin Oak Investment Advisors Inc. raised its position in 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 worth $94,000 after acquiring an additional 76 shares in the last quarter. Bank of Marin raised its position in Advanced Micro Devices by 1.3% in the third quarter. Bank of Marin now owns 6,007 shares of the semiconductor manufacturer’s stock worth $986,000 after acquiring an additional 80 shares in the last quarter. Finally, Northeast Financial Consultants Inc raised its position 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 worth $479,000 after acquiring an additional 81 shares in the last quarter. 71.34% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, EVP Philip Guido bought 4,645 shares of Advanced Micro Devices stock in a transaction that occurred on Friday, February 7th. The stock was purchased 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 owns 33,522 shares in the company, valued at $3,605,626.32. This trade represents a 16.09 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.73% of the company’s stock.

Advanced Micro Devices Trading Up 0.9 %

Shares of NASDAQ AMD opened at $101.67 on Thursday. The stock has a market cap of $164.75 billion, a price-to-earnings ratio of 102.70, a PEG ratio of 1.11 and a beta of 1.65. The business has a 50 day simple moving average of $115.41 and a 200 day simple moving average of $135.92. Advanced Micro Devices, Inc. has a 52 week low of $95.89 and a 52 week high of $227.30. 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 (NASDAQ:AMD) last announced its quarterly earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 EPS for the quarter, meeting the consensus estimate of $1.07. Advanced Micro Devices had a return on equity of 7.42% and a net margin of 6.36%. On average, research analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Analyst Ratings Changes

AMD has been the topic of several research reports. Morgan Stanley set a $137.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, February 5th. Benchmark reiterated a “buy” rating and issued a $170.00 price target on shares of Advanced Micro Devices in a research report on Tuesday, February 18th. Mizuho dropped their price target on shares of Advanced Micro Devices from $160.00 to $140.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 5th. Summit Insights upgraded shares of Advanced Micro Devices to a “hold” rating in a research report on Tuesday, February 4th. Finally, Loop Capital assumed coverage on Advanced Micro Devices in a research note on Tuesday, January 14th. They issued a “buy” rating and a $175.00 price target on the stock. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating, nineteen have issued a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $155.83.

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.