Moser Wealth Advisors LLC Grows Stock Holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Moser Wealth Advisors LLC boosted its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 2.4% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 11,922 shares of the semiconductor manufacturer’s stock after purchasing an additional 280 shares during the quarter. Advanced Micro Devices makes up approximately 1.1% of Moser Wealth Advisors LLC’s holdings, making the stock its 24th largest position. Moser Wealth Advisors LLC’s holdings in Advanced Micro Devices were worth $1,934,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of AMD. Tradewinds Capital Management LLC boosted its holdings in shares of Advanced Micro Devices by 102.9% in the 1st quarter. Tradewinds Capital Management LLC now owns 140 shares of the semiconductor manufacturer’s stock valued at $25,000 after buying an additional 71 shares in the last quarter. Semmax Financial Advisors Inc. lifted its position in Advanced Micro Devices by 926.7% in the first quarter. Semmax Financial Advisors Inc. now owns 154 shares of the semiconductor manufacturer’s stock valued at $28,000 after acquiring an additional 139 shares during the last quarter. Valued Wealth Advisors LLC boosted its stake in Advanced Micro Devices by 70.7% in the first quarter. Valued Wealth Advisors LLC now owns 169 shares of the semiconductor manufacturer’s stock valued at $31,000 after acquiring an additional 70 shares in the last quarter. Morton Brown Family Wealth LLC grew its holdings in shares of Advanced Micro Devices by 94.4% during the second quarter. Morton Brown Family Wealth LLC now owns 175 shares of the semiconductor manufacturer’s stock worth $27,000 after purchasing an additional 85 shares during the last quarter. Finally, Chelsea Counsel Co. acquired a new stake in shares of Advanced Micro Devices during the first quarter worth about $34,000. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on AMD shares. Bank of America dropped their price target on Advanced Micro Devices from $195.00 to $180.00 and set a “buy” rating on the stock in a research note on Wednesday, July 31st. Morgan Stanley lifted their target price on shares of Advanced Micro Devices from $176.00 to $178.00 and gave the company an “equal weight” rating in a report on Wednesday, July 31st. BNP Paribas upgraded shares of Advanced Micro Devices to a “strong-buy” rating in a research note on Wednesday, July 31st. Rosenblatt Securities restated a “buy” rating and issued a $250.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, July 31st. Finally, Robert W. Baird decreased their target price on shares of Advanced Micro Devices from $200.00 to $175.00 and set an “outperform” rating for the company in a research note on Wednesday, July 31st. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, twenty-eight have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $193.45.

Advanced Micro Devices Price Performance

Shares of NASDAQ:AMD opened at $134.35 on Monday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.01 and a current ratio of 2.82. The business’s fifty day moving average price is $151.31 and its two-hundred day moving average price is $162.87. The stock has a market cap of $217.44 billion, a PE ratio of 197.58, a price-to-earnings-growth ratio of 1.83 and a beta of 1.69. Advanced Micro Devices, Inc. has a one year low of $93.11 and a one year high of $227.30.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings data on Tuesday, July 30th. The semiconductor manufacturer reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.01. Advanced Micro Devices had a return on equity of 5.98% and a net margin of 5.82%. The firm had revenue of $5.84 billion during the quarter, compared to analysts’ expectations of $5.72 billion. During the same quarter last year, the business posted $0.40 EPS. The firm’s quarterly revenue was up 8.9% compared to the same quarter last year. On average, analysts forecast that Advanced Micro Devices, Inc. will post 2.56 EPS for the current fiscal year.

Insider Transactions at Advanced Micro Devices

In related news, EVP Mark D. Papermaster sold 16,756 shares of the company’s stock in a transaction that occurred on Monday, July 15th. The shares were sold at an average price of $184.50, for a total transaction of $3,091,482.00. Following the transaction, the executive vice president now owns 1,546,227 shares of the company’s stock, valued at $285,278,881.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other news, EVP Mark D. Papermaster sold 16,756 shares of the company’s stock in a transaction dated Monday, July 15th. The shares were sold at an average price of $184.50, for a total transaction of $3,091,482.00. Following the completion of the transaction, the executive vice president now owns 1,546,227 shares of the company’s stock, valued at approximately $285,278,881.50. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Mark D. Papermaster sold 16,200 shares of the firm’s stock in a transaction that occurred on Friday, June 14th. The stock was sold at an average price of $158.94, for a total transaction of $2,574,828.00. Following the completion of the sale, the executive vice president now directly owns 1,546,227 shares in the company, valued at $245,757,319.38. The disclosure for this sale can be found here. 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.