Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares Bought by Moody National Bank Trust Division

Moody National Bank Trust Division raised its position in Advanced Micro Devices, Inc. (NASDAQ:AMD – Get Rating) by 5.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 26,686 shares of the semiconductor manufacturer’s stock after purchasing an additional 1,457 shares during the quarter. Moody National Bank Trust Division’s holdings in Advanced Micro Devices were worth $1,728,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Buckingham Strategic Wealth LLC boosted its holdings in Advanced Micro Devices by 69.8% in the 3rd quarter. Buckingham Strategic Wealth LLC now owns 5,644 shares of the semiconductor manufacturer’s stock valued at $358,000 after purchasing an additional 2,320 shares during the last quarter. Redwood Investment Management LLC lifted its holdings in shares of Advanced Micro Devices by 155.1% in the 3rd quarter. Redwood Investment Management LLC now owns 7,789 shares of the semiconductor manufacturer’s stock worth $494,000 after acquiring an additional 4,736 shares during the last quarter. Cetera Advisors LLC lifted its holdings in shares of Advanced Micro Devices by 33.3% in the 2nd quarter. Cetera Advisors LLC now owns 38,324 shares of the semiconductor manufacturer’s stock worth $2,931,000 after acquiring an additional 9,573 shares during the last quarter. Strs Ohio lifted its holdings in shares of Advanced Micro Devices by 0.3% in the 3rd quarter. Strs Ohio now owns 665,740 shares of the semiconductor manufacturer’s stock worth $42,181,000 after acquiring an additional 1,858 shares during the last quarter. Finally, First Heartland Consultants Inc. lifted its holdings in shares of Advanced Micro Devices by 8.0% in the 3rd quarter. First Heartland Consultants Inc. now owns 4,676 shares of the semiconductor manufacturer’s stock worth $296,000 after acquiring an additional 347 shares during the last quarter. 67.17% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Mark D. Papermaster sold 30,000 shares of the stock in a transaction on Monday, February 6th. The shares were sold at an average price of $85.19, for a total transaction of $2,555,700.00. Following the completion of the sale, the executive vice president now owns 1,516,945 shares in the company, valued at approximately $129,228,544.55. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other news, EVP Rick Bergman sold 3,000 shares of the firm’s stock in a transaction on Thursday, February 9th. The shares were sold at an average price of $85.88, for a total value of $257,640.00. Following the completion of the sale, the executive vice president now owns 155,232 shares in the company, valued at approximately $13,331,324.16. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Mark D. Papermaster sold 30,000 shares of the firm’s stock in a transaction on Monday, February 6th. The stock was sold at an average price of $85.19, for a total transaction of $2,555,700.00. Following the completion of the sale, the executive vice president now owns 1,516,945 shares of the company’s stock, valued at approximately $129,228,544.55. The disclosure for this sale can be found here. Insiders sold a total of 63,000 shares of company stock worth $5,264,040 in the last 90 days. Company insiders own 1.00% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on AMD. Susquehanna upped their price objective on shares of Advanced Micro Devices from $80.00 to $88.00 and gave the stock a “positive” rating in a report on Monday, January 30th. KeyCorp upped their price objective on shares of Advanced Micro Devices from $80.00 to $95.00 and gave the stock an “overweight” rating in a report on Wednesday, February 1st. Craig Hallum lowered shares of Advanced Micro Devices from a “buy” rating to a “hold” rating and set a $76.00 price objective on the stock. in a report on Wednesday, February 1st. Northland Securities upped their target price on shares of Advanced Micro Devices from $60.00 to $68.00 and gave the stock a “market perform” rating in a research note on Wednesday, February 1st. Finally, Citigroup upped their target price on shares of Advanced Micro Devices from $65.00 to $76.00 and gave the stock a “neutral” rating in a research note on Thursday, February 2nd. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $93.60.

Advanced Micro Devices Stock Up 1.3 %

Shares of Advanced Micro Devices stock traded up $1.24 during trading hours on Friday, hitting $97.84. The company had a trading volume of 94,080,842 shares, compared to its average volume of 60,751,910. The company’s 50-day moving average is $79.37 and its two-hundred day moving average is $72.32. Advanced Micro Devices, Inc. has a twelve month low of $54.57 and a twelve month high of $125.67. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.36 and a quick ratio of 1.77. The company has a market cap of $157.66 billion, a P/E ratio of 111.18, a price-to-earnings-growth ratio of 5.30 and a beta of 1.95.

Advanced Micro Devices (NASDAQ:AMD – Get Rating) last issued its quarterly earnings results on Tuesday, January 31st. The semiconductor manufacturer reported $0.69 earnings per share for the quarter, topping analysts’ consensus estimates of $0.67 by $0.02. The firm had revenue of $5.60 billion during the quarter, compared to analysts’ expectations of $5.52 billion. Advanced Micro Devices had a net margin of 5.59% and a return on equity of 8.52%. Advanced Micro Devices’s quarterly revenue was up 16.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.83 EPS. Analysts anticipate that Advanced Micro Devices, Inc. will post 2.41 earnings per share for the current fiscal year.

About Advanced Micro Devices

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Advanced Micro Devices, Inc engages in the provision of semiconductor businesses. It operates through the following segments: Computing & Graphics, and Enterprise, Embedded and Semi-Custom. The Computing and Graphics segment includes desktop and notebook processors and chipsets, discrete and integrated graphics processing units, data center and professional GPUs and development services.