Slow Capital Inc. Buys 124 Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

Slow Capital Inc. lifted its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 0.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 29,763 shares of the semiconductor manufacturer’s stock after acquiring an additional 124 shares during the quarter. Advanced Micro Devices makes up about 0.8% of Slow Capital Inc.’s holdings, making the stock its 29th largest holding. Slow Capital Inc.’s holdings in Advanced Micro Devices were worth $4,387,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. Vanguard Group Inc. lifted its position in shares of Advanced Micro Devices by 0.8% in the 3rd quarter. Vanguard Group Inc. now owns 140,054,820 shares of the semiconductor manufacturer’s stock worth $14,400,437,000 after purchasing an additional 1,153,611 shares during the period. State Street Corp lifted its position in Advanced Micro Devices by 1.7% during the first quarter. State Street Corp now owns 65,045,249 shares of the semiconductor manufacturer’s stock valued at $6,375,083,000 after acquiring an additional 1,112,077 shares during the last quarter. Norges Bank purchased a new stake in Advanced Micro Devices during the fourth quarter valued at approximately $1,252,070,000. Northern Trust Corp lifted its position in Advanced Micro Devices by 35.5% during the first quarter. Northern Trust Corp now owns 17,086,683 shares of the semiconductor manufacturer’s stock valued at $1,868,258,000 after acquiring an additional 4,475,368 shares during the last quarter. Finally, Barclays PLC lifted its position in Advanced Micro Devices by 38.5% during the second quarter. Barclays PLC now owns 8,916,462 shares of the semiconductor manufacturer’s stock valued at $1,015,677,000 after acquiring an additional 2,479,272 shares during the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on AMD. Wedbush reissued an “outperform” rating and set a $200.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, January 31st. JPMorgan Chase & Co. lifted their price objective on shares of Advanced Micro Devices from $115.00 to $180.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 31st. The Goldman Sachs Group lifted their price objective on shares of Advanced Micro Devices from $157.00 to $180.00 and gave the stock a “buy” rating in a research note on Wednesday, January 31st. UBS Group lifted their price objective on shares of Advanced Micro Devices from $135.00 to $220.00 and gave the stock a “buy” rating in a research note on Thursday, January 25th. Finally, Mizuho lifted their price objective on shares of Advanced Micro Devices from $200.00 to $235.00 and gave the stock a “buy” rating in a research note on Thursday, March 7th. Four equities research analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $185.15.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, Director Joseph A. Householder sold 6,572 shares of the business’s stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $208.08, for a total value of $1,367,501.76. Following the transaction, the director now directly owns 2,197 shares in the company, valued at approximately $457,151.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other Advanced Micro Devices news, Director Joseph A. Householder sold 6,572 shares of the business’s stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $208.08, for a total value of $1,367,501.76. Following the transaction, the director now directly owns 2,197 shares in the company, valued at approximately $457,151.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Darla M. Smith sold 1,678 shares of the business’s stock in a transaction that occurred on Thursday, February 29th. The shares were sold at an average price of $188.66, for a total transaction 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 disclosure for this sale can be found here. Insiders have sold 324,943 shares of company stock worth $59,919,994 in the last ninety days. 0.65% of the stock is owned by insiders.

Advanced Micro Devices Price Performance

AMD traded down $7.07 on Wednesday, reaching $156.39. 33,127,816 shares of the company’s stock were exchanged, compared to its average volume of 74,343,484. The stock has a market cap of $252.75 billion, a PE ratio of 309.33, a P/E/G ratio of 2.44 and a beta of 1.64. Advanced Micro Devices, Inc. has a twelve month low of $81.02 and a twelve month high of $227.30. The stock’s fifty day moving average price is $180.78 and its 200-day moving average price is $148.19. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.51 and a quick ratio of 1.86.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings results on Tuesday, January 30th. The semiconductor manufacturer reported $0.77 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.77. The firm had revenue of $6.17 billion for the quarter, compared to analyst estimates of $6.13 billion. Advanced Micro Devices had a net margin of 3.77% and a return on equity of 5.73%. Advanced Micro Devices’s quarterly revenue was up 10.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.54 earnings per share. Sell-side analysts expect that Advanced Micro Devices, Inc. will post 2.63 EPS for the current year.

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.