First National Advisers LLC Acquires 512 Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

First National Advisers LLC boosted its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 11.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,828 shares of the semiconductor manufacturer’s stock after acquiring an additional 512 shares during the quarter. First National Advisers LLC’s holdings in Advanced Micro Devices were worth $583,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. State Street Corp grew its stake in Advanced Micro Devices by 2.3% during the third quarter. State Street Corp now owns 70,170,271 shares of the semiconductor manufacturer’s stock worth $11,513,538,000 after buying an additional 1,580,035 shares during the last quarter. Geode Capital Management LLC grew its stake in Advanced Micro Devices by 1.3% during 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 buying an additional 441,924 shares during the last quarter. Fisher Asset Management LLC grew its stake in Advanced Micro Devices by 1.2% during the fourth quarter. Fisher Asset Management LLC now owns 24,086,020 shares of the semiconductor manufacturer’s stock worth $2,909,350,000 after buying an additional 290,784 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in 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 worth $3,195,000,000 after buying an additional 1,565,083 shares during the last quarter. Finally, Van ECK Associates Corp grew its stake in Advanced Micro Devices by 23.3% during the fourth quarter. Van ECK Associates Corp now owns 11,859,744 shares of the semiconductor manufacturer’s stock worth $1,432,538,000 after buying an additional 2,238,866 shares during the last quarter. Institutional investors own 71.34% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Philip Guido purchased 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, 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 trade represents a 16.09 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.73% of the company’s stock.

Advanced Micro Devices Stock Up 2.9 %

Shares of AMD stock opened at $100.97 on Monday. The firm has a fifty day moving average of $112.05 and a 200-day moving average of $133.14. The company has a quick ratio of 1.83, a current ratio of 2.62 and a debt-to-equity ratio of 0.03. Advanced Micro Devices, Inc. has a 12-month low of $94.73 and a 12-month high of $193.50. The company has a market capitalization of $163.62 billion, a price-to-earnings ratio of 101.99, a P/E/G ratio of 1.11 and a beta of 1.74.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.07. Advanced Micro Devices had a net margin of 6.36% and a return on equity of 7.42%. As a group, equities research analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have recently commented on AMD. Benchmark reissued a “buy” rating and set a $170.00 price target on shares of Advanced Micro Devices in a research note on Tuesday, February 18th. Loop Capital began coverage on shares of Advanced Micro Devices in a research note on Tuesday, January 14th. They set a “buy” rating and a $175.00 price target on the stock. Wolfe Research cut shares of Advanced Micro Devices from an “outperform” rating to a “peer perform” rating in a research note on Thursday, January 16th. Citigroup reissued a “buy” rating on shares of Advanced Micro Devices in a research note on Wednesday, February 19th. Finally, TD Cowen decreased their price target on shares of Advanced Micro Devices from $185.00 to $150.00 and set a “buy” rating on the stock in a research note on Monday, January 13th. Two analysts have rated the stock with a sell rating, nine have given a hold rating, nineteen have given a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $155.14.

Advanced Micro Devices 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.