Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Advanced Micro Devices (NASDAQ:AMD) by 10.4% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 188,870 shares of the semiconductor manufacturer’s stock after buying an additional 17,800 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Advanced Micro Devices were worth $1,898,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. OppenheimerFunds Inc. boosted its stake in Advanced Micro Devices by 10.1% during the 4th quarter. OppenheimerFunds Inc. now owns 22,076,133 shares of the semiconductor manufacturer’s stock valued at $226,943,000 after purchasing an additional 2,022,320 shares during the last quarter. TIAA CREF Investment Management LLC boosted its stake in Advanced Micro Devices by 23.1% during the 4th quarter. TIAA CREF Investment Management LLC now owns 12,246,187 shares of the semiconductor manufacturer’s stock valued at $125,891,000 after purchasing an additional 2,295,080 shares during the last quarter. Geode Capital Management LLC boosted its stake in Advanced Micro Devices by 4.2% during the 4th quarter. Geode Capital Management LLC now owns 9,486,698 shares of the semiconductor manufacturer’s stock valued at $97,337,000 after purchasing an additional 386,063 shares during the last quarter. Teachers Advisors LLC boosted its stake in Advanced Micro Devices by 40.4% during the 4th quarter. Teachers Advisors LLC now owns 9,142,340 shares of the semiconductor manufacturer’s stock valued at $93,983,000 after purchasing an additional 2,629,584 shares during the last quarter. Finally, CI Investments Inc. boosted its stake in Advanced Micro Devices by 17.3% during the 4th quarter. CI Investments Inc. now owns 8,593,176 shares of the semiconductor manufacturer’s stock valued at $88,338,000 after purchasing an additional 1,270,283 shares during the last quarter. Institutional investors own 62.14% of the company’s stock.

Shares of Advanced Micro Devices stock opened at $12.82 on Thursday. Advanced Micro Devices has a one year low of $12.61 and a one year high of $12.98. The firm has a market capitalization of $12.07 billion, a P/E ratio of 59.29, a P/E/G ratio of 4.52 and a beta of 2.84. The company has a current ratio of 1.62, a quick ratio of 1.20 and a debt-to-equity ratio of 1.63.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings results on Wednesday, April 25th. The semiconductor manufacturer reported $0.08 EPS for the quarter, beating the Zacks’ consensus estimate of $0.06 by $0.02. The business had revenue of $1.65 billion for the quarter, compared to analysts’ expectations of $1.55 billion. Advanced Micro Devices had a return on equity of 41.01% and a net margin of 3.29%. analysts forecast that Advanced Micro Devices will post 0.36 earnings per share for the current year.

A number of equities analysts have recently issued reports on the company. Susquehanna Bancshares dropped their price target on Advanced Micro Devices from $15.00 to $13.00 and set a “neutral” rating on the stock in a research note on Thursday, January 18th. Vetr downgraded Advanced Micro Devices from a “strong-buy” rating to a “buy” rating and set a $13.85 price target on the stock. in a research note on Friday, January 19th. MKM Partners raised their price target on Advanced Micro Devices from $13.00 to $14.50 and gave the stock a “buy” rating in a research note on Monday, January 29th. Zacks Investment Research upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $15.00 price target on the stock in a research note on Wednesday, January 31st. Finally, Credit Suisse Group raised their price target on Advanced Micro Devices from $12.00 to $13.50 and gave the stock a “neutral” rating in a research note on Wednesday, January 31st. Five analysts have rated the stock with a sell rating, fourteen have given a hold rating and fifteen have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $14.78.

In other Advanced Micro Devices news, CFO Devinder Kumar sold 140,473 shares of the firm’s stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $12.45, for a total transaction of $1,748,888.85. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Mark D. Papermaster sold 150,000 shares of the firm’s stock in a transaction dated Thursday, March 15th. The shares were sold at an average price of $11.38, for a total value of $1,707,000.00. Following the sale, the senior vice president now directly owns 1,207,949 shares in the company, valued at $13,746,459.62. The disclosure for this sale can be found here. Over the last three months, insiders have sold 577,973 shares of company stock worth $6,834,639. Insiders own 1.80% of the company’s stock.

About Advanced Micro Devices

Advanced Micro Devices, Inc operates as a semiconductor company worldwide. It operates in two segments, Computing and Graphics; and Enterprise, Embedded and Semi-Custom. The company's products include x86 microprocessors as an accelerated processing unit (APU), chipsets, discrete and integrated graphics processing units (GPUs), and professional GPUs; and server and embedded processors, and semi-custom System-on-Chip (SoC) products and technology for game consoles.

Institutional Ownership by Quarter for Advanced Micro Devices (NASDAQ:AMD)

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