Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares Purchased by RFG Holdings Inc.

RFG Holdings Inc. grew its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 27.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,003 shares of the semiconductor manufacturer’s stock after purchasing an additional 1,068 shares during the period. RFG Holdings Inc.’s holdings in Advanced Micro Devices were worth $604,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. International Assets Investment Management LLC lifted its position in 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 purchasing an additional 7,815,305 shares during the last quarter. Assenagon Asset Management S.A. increased its stake in shares of Advanced Micro Devices by 42.2% in the third 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 purchasing an additional 2,497,056 shares during the period. State Street Corp increased its stake 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 valued at $11,513,538,000 after purchasing an additional 1,580,035 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Advanced Micro Devices by 8.7% during the third 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 buying an additional 1,565,083 shares during the last quarter. Finally, Van ECK Associates Corp boosted its position in shares of Advanced Micro Devices by 11.3% during the third quarter. Van ECK Associates Corp now owns 9,620,878 shares of the semiconductor manufacturer’s stock worth $1,471,128,000 after buying an additional 975,220 shares during the period. 71.34% of the stock is currently owned by institutional investors.

Advanced Micro Devices Price Performance

AMD opened at $116.05 on Tuesday. Advanced Micro Devices, Inc. has a 12-month low of $112.80 and a 12-month high of $227.30. The company has a quick ratio of 1.78, a current ratio of 2.50 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of $188.32 billion, a P/E ratio of 104.24, a PEG ratio of 1.03 and a beta of 1.66. The stock has a fifty day moving average of $125.92 and a 200-day moving average of $141.11.

Insiders Place Their Bets

In other Advanced Micro Devices news, CEO Lisa T. Su sold 76,496 shares of Advanced Micro Devices stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $142.66, for a total transaction of $10,912,919.36. Following the completion of the sale, the chief executive officer now owns 3,566,762 shares of the company’s stock, valued at $508,834,266.92. This trade represents a 2.10 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.65% of the company’s stock.

Analyst Ratings Changes

Several brokerages have weighed in on AMD. KeyCorp cut their target price on Advanced Micro Devices from $220.00 to $150.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 14th. Mizuho reduced their price objective on shares of Advanced Micro Devices from $180.00 to $160.00 and set an “outperform” rating for the company in a report on Friday, January 10th. Barclays lowered their target price 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. Piper Sandler restated an “overweight” rating and set a $180.00 price target (down from $200.00) on shares of Advanced Micro Devices in a research report on Wednesday, October 30th. Finally, Loop Capital assumed coverage on shares of Advanced Micro Devices in a report on Tuesday, January 14th. They issued a “buy” rating and a $175.00 price objective for the company. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating, nineteen have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $169.77.

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.