Moloney Securities Asset Management LLC Purchases 263 Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

Moloney Securities Asset Management LLC grew its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 3.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,209 shares of the semiconductor manufacturer’s stock after buying an additional 263 shares during the period. Moloney Securities Asset Management LLC’s holdings in Advanced Micro Devices were worth $992,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of AMD. International Assets Investment Management LLC lifted its position in Advanced Micro Devices by 17,137.3% during the third quarter. International Assets Investment Management LLC now owns 7,860,909 shares of the semiconductor manufacturer’s stock worth $1,289,818,000 after purchasing an additional 7,815,305 shares during the period. Assenagon Asset Management S.A. lifted its holdings in shares of Advanced Micro Devices by 42.2% during the 3rd quarter. Assenagon Asset Management S.A. now owns 8,420,766 shares of the semiconductor manufacturer’s stock worth $1,381,679,000 after acquiring an additional 2,497,056 shares during the period. State Street Corp lifted its holdings in shares of Advanced Micro Devices by 2.3% during the 3rd quarter. State Street Corp now owns 70,170,271 shares of the semiconductor manufacturer’s stock worth $11,513,538,000 after acquiring an additional 1,580,035 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Advanced Micro Devices by 8.7% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 19,472,211 shares of the semiconductor manufacturer’s stock worth $3,195,000,000 after acquiring an additional 1,565,083 shares in the last quarter. Finally, Van ECK Associates Corp increased its stake in Advanced Micro Devices by 11.3% in the third quarter. Van ECK Associates Corp now owns 9,620,878 shares of the semiconductor manufacturer’s stock valued at $1,471,128,000 after acquiring an additional 975,220 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on AMD. Susquehanna reduced their target price on Advanced Micro Devices from $165.00 to $150.00 and set a “positive” rating on the stock in a report on Wednesday, February 5th. Melius Research reaffirmed a “hold” rating and issued a $129.00 price objective (down from $160.00) on shares of Advanced Micro Devices in a research note on Tuesday, January 28th. KeyCorp decreased their target price on Advanced Micro Devices from $150.00 to $140.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 5th. Benchmark dropped their target price on shares of Advanced Micro Devices from $200.00 to $170.00 and set a “buy” rating for the company in a report on Wednesday, February 5th. Finally, HSBC reaffirmed a “reduce” rating and set a $110.00 price target (down from $200.00) on shares of Advanced Micro Devices in a report on Wednesday, January 8th. Two analysts have rated the stock with a sell rating, ten have given a hold rating, eighteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $158.70.

Insider Transactions at Advanced Micro Devices

In other news, CEO Lisa T. Su sold 76,496 shares of the firm’s stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $142.66, for a total transaction of $10,912,919.36. Following the completion of the sale, the chief executive officer now owns 3,566,762 shares of the company’s stock, valued at $508,834,266.92. This trade represents a 2.10 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 0.73% of the company’s stock.

Advanced Micro Devices Stock Down 2.4 %

Advanced Micro Devices stock opened at $107.56 on Monday. The firm has a market cap of $174.30 billion, a price-to-earnings ratio of 108.65, a PEG ratio of 1.04 and a beta of 1.65. Advanced Micro Devices, Inc. has a 52-week low of $106.50 and a 52-week high of $227.30. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.78 and a current ratio of 2.62. The firm has a 50 day moving average price of $123.42 and a two-hundred day moving average price of $139.74.

Advanced Micro Devices (NASDAQ:AMD) last announced its earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.07. Advanced Micro Devices had a net margin of 6.36% and a return on equity of 7.42%. Equities analysts predict that Advanced Micro Devices, Inc. will post 4.11 EPS for the current year.

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.