Advanced Micro Devices, Inc. (NASDAQ:AMD) Holdings Decreased by Stanley Laman Group Ltd.

Stanley Laman Group Ltd. trimmed its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 91.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,219 shares of the semiconductor manufacturer’s stock after selling 23,213 shares during the quarter. Stanley Laman Group Ltd.’s holdings in Advanced Micro Devices were worth $268,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in AMD. International Assets Investment Management LLC increased its holdings in shares of Advanced Micro Devices by 17,137.3% in the 3rd quarter. International Assets Investment Management LLC now owns 7,860,909 shares of the semiconductor manufacturer’s stock valued at $1,289,818,000 after acquiring an additional 7,815,305 shares during the last quarter. Assenagon Asset Management S.A. increased its holdings in shares of Advanced Micro Devices by 42.2% in the 3rd quarter. Assenagon Asset Management S.A. now owns 8,420,766 shares of the semiconductor manufacturer’s stock valued at $1,381,679,000 after acquiring an additional 2,497,056 shares during the last quarter. Van ECK Associates Corp increased its holdings in shares of Advanced Micro Devices by 23.3% in the 4th quarter. Van ECK Associates Corp now owns 11,859,744 shares of the semiconductor manufacturer’s stock valued at $1,432,538,000 after acquiring an additional 2,238,866 shares during the last quarter. State Street Corp boosted its position in Advanced Micro Devices by 2.3% during the 3rd quarter. State Street Corp now owns 70,170,271 shares of the semiconductor manufacturer’s stock valued at $11,513,538,000 after purchasing an additional 1,580,035 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Advanced Micro Devices by 8.7% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 19,472,211 shares of the semiconductor manufacturer’s stock valued at $3,195,000,000 after purchasing an additional 1,565,083 shares during the period. 71.34% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

AMD has been the subject of a number of analyst reports. StockNews.com lowered Advanced Micro Devices from a “hold” rating to a “sell” rating in a research report on Tuesday, January 14th. Wells Fargo & Company reduced their price objective on Advanced Micro Devices from $165.00 to $140.00 and set an “overweight” rating for the company in a research report on Wednesday, February 5th. Citigroup lowered Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 5th. Melius lowered Advanced Micro Devices from a “buy” rating to a “hold” rating and reduced their price objective for the company from $160.00 to $129.00 in a research report on Tuesday, January 28th. Finally, Melius Research restated a “hold” rating and set a $129.00 price objective (down previously from $160.00) on shares of Advanced Micro Devices in a research report on Tuesday, January 28th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating, eighteen have issued a buy rating and three have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $158.70.

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Philip Guido purchased 4,645 shares of the company’s stock in a transaction that occurred on Friday, February 7th. The shares were purchased at an average cost of $107.56 per share, with a total value of $499,616.20. Following the completion of the transaction, the executive vice president now owns 33,522 shares of the company’s stock, valued at approximately $3,605,626.32. This represents a 16.09 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Lisa T. Su sold 76,496 shares of the company’s stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $142.66, for a total value of $10,912,919.36. Following the transaction, the chief executive officer now directly owns 3,566,762 shares in the company, valued at $508,834,266.92. The trade was a 2.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.73% of the stock is owned by insiders.

Advanced Micro Devices Trading Up 0.1 %

Shares of Advanced Micro Devices stock opened at $111.81 on Friday. The company has a quick ratio of 1.78, a current ratio of 2.62 and a debt-to-equity ratio of 0.03. The firm has a market cap of $181.19 billion, a price-to-earnings ratio of 112.94, a price-to-earnings-growth ratio of 1.04 and a beta of 1.65. The business has a fifty day simple moving average of $121.53 and a 200-day simple moving average of $139.12. Advanced Micro Devices, Inc. has a fifty-two week low of $106.50 and a fifty-two week high of $227.30.

Advanced Micro Devices (NASDAQ:AMD) last announced its earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.07. Advanced Micro Devices had a return on equity of 7.42% and a net margin of 6.36%. On average, equities analysts forecast that Advanced Micro Devices, Inc. will post 4.11 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.