Machina Capital S.A.S. Invests $1.13 Million in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Machina Capital S.A.S. purchased a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 9,385 shares of the semiconductor manufacturer’s stock, valued at approximately $1,134,000.

A number of other institutional investors also recently modified their holdings of the business. Bear Mountain Capital Inc. acquired a new stake in Advanced Micro Devices during the fourth quarter worth approximately $25,000. Global Wealth Strategies & Associates bought a new position in Advanced Micro Devices in the fourth quarter valued at about $26,000. Halbert Hargrove Global Advisors LLC bought a new stake in shares of Advanced Micro Devices during the 4th quarter valued at approximately $29,000. Retirement Wealth Solutions LLC bought a new position in Advanced Micro Devices in the 4th quarter valued at approximately $32,000. Finally, Compass Financial Services Inc acquired a new stake in Advanced Micro Devices in the fourth quarter valued at approximately $39,000. Institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Stock Performance

Shares of Advanced Micro Devices stock opened at $100.31 on Friday. The business has a 50-day simple moving average of $114.39 and a 200 day simple moving average of $135.28. Advanced Micro Devices, Inc. has a one year low of $95.89 and a one year high of $227.30. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.62 and a quick ratio of 1.83. The firm has a market capitalization of $162.55 billion, a price-to-earnings ratio of 101.32, a PEG ratio of 1.11 and a beta of 1.65.

Advanced Micro Devices (NASDAQ:AMD) last issued 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 return on equity of 7.42% and a net margin of 6.36%. On average, research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, EVP Philip Guido acquired 4,645 shares of the stock in a transaction dated Friday, February 7th. The stock was purchased at an average cost of $107.56 per share, with a total value of $499,616.20. Following the completion of the purchase, the executive vice president now directly owns 33,522 shares in the company, valued at $3,605,626.32. This trade represents a 16.09 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.73% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Melius Research reissued a “hold” rating and set a $129.00 price objective (down previously from $160.00) on shares of Advanced Micro Devices in a report on Tuesday, January 28th. TD Cowen cut their price target on Advanced Micro Devices from $185.00 to $150.00 and set a “buy” rating on the stock in a research note on Monday, January 13th. DZ Bank downgraded Advanced Micro Devices from a “buy” rating to a “hold” rating and set a $120.00 price objective for the company. in a research note on Friday, February 7th. Wells Fargo & Company reiterated an “overweight” rating on shares of Advanced Micro Devices in a research report on Wednesday, February 19th. Finally, Piper Sandler reissued an “overweight” rating on shares of Advanced Micro Devices in a report on Wednesday, February 19th. Two analysts have rated the stock with a sell rating, nine have given a hold rating, nineteen have issued a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus 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.