Y.D. More Investments Ltd Has $4.77 Million Position in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Y.D. More Investments Ltd raised its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 31.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,389 shares of the semiconductor manufacturer’s stock after purchasing an additional 7,770 shares during the quarter. Advanced Micro Devices makes up 1.0% of Y.D. More Investments Ltd’s holdings, making the stock its 29th biggest position. Y.D. More Investments Ltd’s holdings in Advanced Micro Devices were worth $4,774,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of AMD. Peoples Bank KS bought a new position in shares of Advanced Micro Devices during the third quarter worth approximately $26,000. Spartan Planning & Wealth Management acquired a new position in Advanced Micro Devices in the 3rd quarter valued at $27,000. Gables Capital Management Inc. bought a new position in Advanced Micro Devices during the 4th quarter worth $29,000. Kathleen S. Wright Associates Inc. acquired a new stake in shares of Advanced Micro Devices during the fourth quarter worth $30,000. Finally, Addison Advisors LLC boosted its position in shares of Advanced Micro Devices by 41.9% in the fourth quarter. Addison Advisors LLC now owns 210 shares of the semiconductor manufacturer’s stock valued at $31,000 after acquiring an additional 62 shares during the period. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have weighed in on AMD. Roth Mkm dropped their price objective on shares of Advanced Micro Devices from $190.00 to $180.00 and set a “buy” rating for the company in a research note on Wednesday. Bank of America lifted their price target on shares of Advanced Micro Devices from $165.00 to $195.00 and gave the company a “buy” rating in a research report on Monday, January 29th. DZ Bank reissued a “hold” rating and set a $200.00 price target on shares of Advanced Micro Devices in a research report on Thursday, March 7th. Raymond James cut Advanced Micro Devices from a “strong-buy” rating to an “outperform” rating and lifted their price objective for the company from $190.00 to $195.00 in a report on Tuesday, January 30th. Finally, Rosenblatt Securities reissued a “buy” rating and set a $250.00 target price on shares of Advanced Micro Devices in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and twenty-seven have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $182.62.

Advanced Micro Devices Trading Down 8.9 %

Advanced Micro Devices stock traded down $14.11 during trading hours on Wednesday, reaching $144.27. 88,240,472 shares of the company’s stock were exchanged, compared to its average volume of 72,459,430. The firm has a market capitalization of $233.16 billion, a PE ratio of 282.06, a PEG ratio of 2.44 and a beta of 1.64. The company has a quick ratio of 1.86, a current ratio of 2.51 and a debt-to-equity ratio of 0.03. The firm’s 50 day simple moving average is $177.04 and its 200 day simple moving average is $151.59. Advanced Micro Devices, Inc. has a twelve month low of $81.02 and a twelve month high of $227.30.

Advanced Micro Devices (NASDAQ:AMD) last released its earnings results on Tuesday, April 30th. The semiconductor manufacturer reported $0.62 EPS for the quarter, topping the consensus estimate of $0.61 by $0.01. The business had revenue of $5.47 billion during the quarter, compared to analysts’ expectations of $5.48 billion. Advanced Micro Devices had a return on equity of 5.73% and a net margin of 3.77%. The firm’s revenue was up 2.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.43 earnings per share. Research analysts predict that Advanced Micro Devices, Inc. will post 2.64 earnings per share for the current year.

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, CAO Darla M. Smith sold 1,678 shares of the firm’s stock in a transaction on Thursday, February 29th. The shares were sold at an average price of $188.66, for a total value of $316,571.48. Following the completion of the sale, the chief accounting officer now directly owns 4,209 shares in the company, valued at $794,069.94. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other Advanced Micro Devices news, CAO Darla M. Smith sold 1,678 shares of the stock in a transaction that occurred on Thursday, February 29th. The stock was sold at an average price of $188.66, for a total value of $316,571.48. Following the transaction, the chief accounting officer now owns 4,209 shares in the company, valued at $794,069.94. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Forrest Eugene Norrod sold 59,293 shares of the business’s stock in a transaction that occurred on Friday, February 2nd. The shares were sold at an average price of $175.94, for a total value of $10,432,010.42. Following the sale, the executive vice president now owns 258,690 shares of the company’s stock, valued at approximately $45,513,918.60. The disclosure for this sale can be found here. Insiders sold a total of 341,143 shares of company stock valued at $62,580,844 in the last quarter. 0.65% of the stock is currently owned by company insiders.

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.