Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares Purchased by Jamison Private Wealth Management Inc.

Jamison Private Wealth Management Inc. grew its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 3.8% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 38,530 shares of the semiconductor manufacturer’s stock after buying an additional 1,414 shares during the period. Jamison Private Wealth Management Inc.’s holdings in Advanced Micro Devices were worth $4,654,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. increased its stake in Advanced Micro Devices by 1.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 9,656,965 shares of the semiconductor manufacturer’s stock valued at $1,584,515,000 after buying an additional 177,700 shares during the period. Swiss National Bank increased its stake in Advanced Micro Devices by 0.3% in the 3rd quarter. Swiss National Bank now owns 4,797,575 shares of the semiconductor manufacturer’s stock valued at $787,186,000 after purchasing an additional 12,500 shares in the last quarter. Shum Financial Group Inc. acquired a new position in Advanced Micro Devices during the third quarter worth $858,000. State Street Corp boosted its position in Advanced Micro Devices by 2.3% during the third quarter. State Street Corp now owns 70,170,271 shares of the semiconductor manufacturer’s stock worth $11,513,538,000 after purchasing an additional 1,580,035 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in Advanced Micro Devices by 1.3% in the third quarter. Geode Capital Management LLC now owns 34,243,843 shares of the semiconductor manufacturer’s stock valued at $5,597,337,000 after purchasing an additional 441,924 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Insider Buying and Selling

In other Advanced Micro Devices news, CEO Lisa T. Su sold 80,000 shares of the company’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $143.87, for a total value of $11,509,600.00. Following the completion of the transaction, the chief executive officer now owns 3,566,762 shares in the company, valued at approximately $513,150,048.94. This represents a 2.19 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Forrest Eugene Norrod sold 40,540 shares of Advanced Micro Devices stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $141.67, for a total value of $5,743,301.80. Following the sale, the executive vice president now directly owns 293,347 shares in the company, valued at approximately $41,558,469.49. This trade represents a 12.14 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 197,036 shares of company stock worth $28,165,821 in the last three months. 0.73% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

AMD has been the topic of a number of research reports. Evercore ISI increased their price objective on shares of Advanced Micro Devices from $193.00 to $198.00 and gave the company an “outperform” rating in a research note on Wednesday, October 30th. Wells Fargo & Company decreased their price objective on Advanced Micro Devices from $205.00 to $165.00 and set an “overweight” rating on the stock in a report on Monday, January 13th. Wolfe Research downgraded Advanced Micro Devices from an “outperform” rating to a “peer perform” rating in a research report on Thursday, January 16th. Citigroup decreased their price target on shares of Advanced Micro Devices from $200.00 to $175.00 and set a “buy” rating on the stock in a report on Tuesday, January 21st. Finally, UBS Group dropped their price target on Advanced Micro Devices from $210.00 to $205.00 and set a “buy” rating for the company in a research note on Wednesday, October 30th. Two analysts have rated the stock with a sell rating, six have given a hold rating, twenty-one have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and an average target price of $176.33.

Advanced Micro Devices Stock Down 0.2 %

Shares of NASDAQ:AMD opened at $122.84 on Friday. Advanced Micro Devices, Inc. has a 1-year low of $114.41 and a 1-year high of $227.30. The company’s fifty day moving average is $128.12 and its two-hundred day moving average is $143.73. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.78 and a current ratio of 2.50. The stock has a market capitalization of $199.35 billion, a price-to-earnings ratio of 110.67, a price-to-earnings-growth ratio of 1.09 and a beta of 1.66.

Advanced Micro Devices (NASDAQ:AMD) last issued its earnings results on Tuesday, October 29th. The semiconductor manufacturer reported $0.92 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.92. The firm had revenue of $6.82 billion for the quarter, compared to analysts’ expectations of $6.71 billion. Advanced Micro Devices had a net margin of 7.52% and a return on equity of 6.62%. Advanced Micro Devices’s revenue was up 17.6% on a year-over-year basis. During the same quarter last year, the company posted $0.53 earnings per share. Equities analysts anticipate that Advanced Micro Devices, Inc. will post 2.54 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.