Generali Investments CEE investicni spolecnost a.s. increased its position in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 13.7% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 102,706 shares of the semiconductor manufacturer’s stock after buying an additional 12,355 shares during the quarter. Advanced Micro Devices comprises 1.2% of Generali Investments CEE investicni spolecnost a.s.’s holdings, making the stock its 12th largest position. Generali Investments CEE investicni spolecnost a.s.’s holdings in Advanced Micro Devices were worth $14,574,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds also recently bought and sold shares of the company. Brighton Jones LLC increased its stake in Advanced Micro Devices by 178.2% in the 4th quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock worth $5,551,000 after purchasing an additional 29,438 shares during the period. Revolve Wealth Partners LLC increased its stake in Advanced Micro Devices by 2.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock worth $1,001,000 after purchasing an additional 234 shares during the period. NBC Securities Inc. increased its stake in Advanced Micro Devices by 59,416.7% in the 1st quarter. NBC Securities Inc. now owns 3,571 shares of the semiconductor manufacturer’s stock worth $366,000 after purchasing an additional 3,565 shares during the period. Harbor Investment Advisory LLC increased its stake in Advanced Micro Devices by 8.2% in the 1st quarter. Harbor Investment Advisory LLC now owns 4,879 shares of the semiconductor manufacturer’s stock worth $501,000 after purchasing an additional 368 shares during the period. Finally, Merit Financial Group LLC increased its stake in Advanced Micro Devices by 10.0% in the 1st quarter. Merit Financial Group LLC now owns 34,339 shares of the semiconductor manufacturer’s stock worth $3,528,000 after purchasing an additional 3,111 shares during the period. Institutional investors own 71.34% of the company’s stock.
Advanced Micro Devices Price Performance
Shares of AMD stock opened at $161.79 on Wednesday. The stock has a market cap of $262.56 billion, a price-to-earnings ratio of 92.98, a PEG ratio of 1.90 and a beta of 1.92. The business’s fifty day moving average is $165.71 and its 200 day moving average is $132.34. Advanced Micro Devices, Inc. has a twelve month low of $76.48 and a twelve month high of $186.65. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05.
Insider Buying and Selling
In other Advanced Micro Devices news, EVP Paul Darren Grasby sold 10,000 shares of the business’s stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total value of $1,732,100.00. Following the sale, the executive vice president directly owned 125,505 shares of the company’s stock, valued at approximately $21,738,721.05. The trade was a 7.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Lisa T. Su sold 225,000 shares of the business’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $163.97, for a total value of $36,893,250.00. Following the completion of the sale, the chief executive officer directly owned 3,359,748 shares in the company, valued at $550,897,879.56. This trade represents a 6.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 272,448 shares of company stock valued at $44,554,848. 0.06% of the stock is owned by insiders.
Wall Street Analysts Forecast Growth
Several equities analysts have recently issued reports on AMD shares. Hsbc Global Res raised Advanced Micro Devices from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 10th. HSBC reduced their target price on Advanced Micro Devices from $200.00 to $185.00 and set a “buy” rating on the stock in a research note on Tuesday, September 9th. Mizuho boosted their target price on Advanced Micro Devices from $183.00 to $205.00 and gave the company an “outperform” rating in a research note on Thursday, August 14th. Raymond James Financial boosted their target price on Advanced Micro Devices from $120.00 to $200.00 and gave the company an “outperform” rating in a research note on Wednesday, August 6th. Finally, Seaport Res Ptn cut Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 4th. Three analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $180.88.
View Our Latest Research Report on Advanced Micro Devices
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.
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