Charles Schwab Investment Management Inc. Boosts Holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Charles Schwab Investment Management Inc. lifted its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 4.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,083,052 shares of the semiconductor manufacturer’s stock after purchasing an additional 426,087 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Advanced Micro Devices were worth $1,217,932,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Bedel Financial Consulting Inc. lifted its position in Advanced Micro Devices by 20.5% during the 4th quarter. Bedel Financial Consulting Inc. now owns 2,798 shares of the semiconductor manufacturer’s stock valued at $313,000 after acquiring an additional 476 shares during the period. Bravias Capital Group LLC purchased a new position in Advanced Micro Devices during the 4th quarter valued at about $510,000. Detalus Advisors LLC lifted its position in Advanced Micro Devices by 10.0% during the 4th quarter. Detalus Advisors LLC now owns 1,778 shares of the semiconductor manufacturer’s stock valued at $215,000 after acquiring an additional 162 shares during the period. Silver Coast Investments LLC lifted its position in Advanced Micro Devices by 20.4% during the 4th quarter. Silver Coast Investments LLC now owns 1,732 shares of the semiconductor manufacturer’s stock valued at $209,000 after acquiring an additional 293 shares during the period. Finally, Auxano Advisors LLC lifted its position in Advanced Micro Devices by 29.3% during the 4th quarter. Auxano Advisors LLC now owns 1,991 shares of the semiconductor manufacturer’s stock valued at $240,000 after acquiring an additional 451 shares during the period. 71.34% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Advanced Micro Devices

In other news, CEO Lisa T. Su sold 76,496 shares of the business’s stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $142.66, for a total value of $10,912,919.36. Following the transaction, the chief executive officer now owns 3,566,762 shares of the company’s stock, valued at approximately $508,834,266.92. The trade was a 2.10 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Philip Guido bought 4,645 shares of the stock in a transaction dated Friday, February 7th. The stock was bought at an average cost of $107.56 per share, for a total transaction of $499,616.20. Following the acquisition, the executive vice president now directly owns 33,522 shares of the company’s stock, valued at approximately $3,605,626.32. This represents a 16.09 % increase in their position. The disclosure for this purchase can be found here. Insiders own 0.73% of the company’s stock.

Advanced Micro Devices Price Performance

Shares of NASDAQ:AMD opened at $98.23 on Tuesday. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.62 and a quick ratio of 1.83. Advanced Micro Devices, Inc. has a 1-year low of $97.09 and a 1-year high of $227.30. The company has a market capitalization of $159.18 billion, a P/E ratio of 99.22, a P/E/G ratio of 1.11 and a beta of 1.65. The firm’s 50 day simple moving average is $116.41 and its two-hundred day simple moving average is $136.49.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 earnings per share for the quarter, meeting the consensus estimate of $1.07. Advanced Micro Devices had a net margin of 6.36% and a return on equity of 7.42%. Research analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Mizuho lowered their price target on shares of Advanced Micro Devices from $160.00 to $140.00 and set an “outperform” rating for the company in a research report on Wednesday, February 5th. Stifel Nicolaus decreased their target price on shares of Advanced Micro Devices from $200.00 to $162.00 and set a “buy” rating for the company in a report on Wednesday, February 5th. Wedbush reaffirmed an “outperform” rating and issued a $150.00 target price on shares of Advanced Micro Devices in a report on Wednesday, February 5th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $250.00 target price on shares of Advanced Micro Devices in a report on Tuesday, February 4th. Finally, Melius cut shares of Advanced Micro Devices from a “buy” rating to a “hold” rating and decreased their target price for the stock from $160.00 to $129.00 in a report on Tuesday, January 28th. One analyst has rated the stock with a sell rating, ten have given a hold rating, nineteen have given a buy rating and three have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and an average target price of $155.83.

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.