Thompson Siegel & Walmsley LLC Has $1.14 Million Stock Holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Thompson Siegel & Walmsley LLC lessened its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 3.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,455 shares of the semiconductor manufacturer’s stock after selling 338 shares during the quarter. Thompson Siegel & Walmsley LLC’s holdings in Advanced Micro Devices were worth $1,142,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Charles Schwab Investment Management Inc. increased its holdings in Advanced Micro Devices by 1.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 9,656,965 shares of the semiconductor manufacturer’s stock valued at $1,584,515,000 after purchasing an additional 177,700 shares during the last quarter. Swiss National Bank increased its holdings in Advanced Micro Devices by 0.3% in the third quarter. Swiss National Bank now owns 4,797,575 shares of the semiconductor manufacturer’s stock valued at $787,186,000 after purchasing an additional 12,500 shares during the last quarter. Shum Financial Group Inc. bought a new stake in shares of Advanced Micro Devices in the third quarter worth about $858,000. State Street Corp increased its holdings in shares of Advanced Micro Devices by 2.3% in the third quarter. State Street Corp now owns 70,170,271 shares of the semiconductor manufacturer’s stock worth $11,513,538,000 after acquiring an additional 1,580,035 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Advanced Micro Devices by 1.3% in the third quarter. Geode Capital Management LLC now owns 34,243,843 shares of the semiconductor manufacturer’s stock worth $5,597,337,000 after acquiring an additional 441,924 shares in the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on AMD shares. Melius downgraded Advanced Micro Devices from a “buy” rating to a “hold” rating and lowered their price target for the stock from $160.00 to $129.00 in a report on Tuesday, January 28th. Mizuho lowered their price target on Advanced Micro Devices from $140.00 to $120.00 and set an “outperform” rating for the company in a report on Friday. StockNews.com downgraded Advanced Micro Devices from a “hold” rating to a “sell” rating in a report on Thursday, March 6th. Piper Sandler restated an “overweight” rating on shares of Advanced Micro Devices in a report on Wednesday, February 19th. Finally, Hsbc Global Res downgraded Advanced Micro Devices from a “strong-buy” rating to a “moderate sell” rating in a report on Wednesday, January 8th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, nineteen have assigned a buy rating and three have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $155.14.

Advanced Micro Devices Stock Performance

NASDAQ:AMD opened at $100.97 on Friday. The stock has a market cap of $163.62 billion, a P/E ratio of 101.99, a PEG ratio of 1.11 and a beta of 1.74. The stock has a 50 day simple moving average of $112.05 and a 200 day simple moving average of $133.35. 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, Inc. has a 1-year low of $94.73 and a 1-year high of $193.80.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 earnings per share 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%. Research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Insiders Place Their Bets

In related news, EVP Philip Guido acquired 4,645 shares of the company’s stock in a transaction on Friday, February 7th. The stock was purchased at an average cost 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 of the company’s stock, valued at approximately $3,605,626.32. The trade was a 16.09 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.73% of the company’s stock.

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.