First National Advisers LLC Has $583,000 Stock Holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD)

First National Advisers LLC raised its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 11.9% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,828 shares of the semiconductor manufacturer’s stock after buying an additional 512 shares during the period. First National Advisers LLC’s holdings in Advanced Micro Devices were worth $583,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. GWN Securities Inc. bought a new stake in Advanced Micro Devices in the fourth quarter valued at approximately $547,000. Glenview Trust co raised its stake in Advanced Micro Devices by 2.8% in the fourth quarter. Glenview Trust co now owns 28,190 shares of the semiconductor manufacturer’s stock valued at $3,405,000 after buying an additional 780 shares during the period. Harbour Investments Inc. raised its stake in Advanced Micro Devices by 0.5% in the fourth quarter. Harbour Investments Inc. now owns 32,741 shares of the semiconductor manufacturer’s stock valued at $3,955,000 after buying an additional 157 shares during the period. Avalon Trust Co raised its stake in Advanced Micro Devices by 2,114.0% in the fourth quarter. Avalon Trust Co now owns 1,107 shares of the semiconductor manufacturer’s stock valued at $134,000 after buying an additional 1,057 shares during the period. Finally, Choate Investment Advisors raised its stake in Advanced Micro Devices by 26.7% in the fourth quarter. Choate Investment Advisors now owns 4,327 shares of the semiconductor manufacturer’s stock valued at $523,000 after buying an additional 911 shares during the period. Institutional investors own 71.34% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on AMD. Wells Fargo & Company reiterated an “overweight” rating on shares of Advanced Micro Devices in a research note on Wednesday, February 19th. UBS Group set a $175.00 target price on Advanced Micro Devices in a research note on Wednesday, February 5th. Mizuho lowered their target price on Advanced Micro Devices from $140.00 to $120.00 and set an “outperform” rating on the stock in a research note on Friday. Citigroup reiterated a “buy” rating on shares of Advanced Micro Devices in a research note on Wednesday, February 19th. Finally, Bank of America lowered their target price on Advanced Micro Devices from $155.00 to $135.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 5th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating, nineteen have given a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat, Advanced Micro Devices presently has an average rating of “Moderate Buy” and an average target price of $155.14.

Advanced Micro Devices Trading Up 2.9 %

NASDAQ AMD opened at $100.97 on Monday. The company has a quick ratio of 1.83, a current ratio of 2.62 and a debt-to-equity ratio of 0.03. Advanced Micro Devices, Inc. has a twelve month low of $94.73 and a twelve month high of $193.50. The company has a market cap of $163.62 billion, a price-to-earnings ratio of 101.99, a price-to-earnings-growth ratio of 1.11 and a beta of 1.74. The business’s fifty day moving average is $112.05 and its 200 day moving average is $133.14.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings data 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 return on equity of 7.42% and a net margin of 6.36%. As a group, sell-side analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Insider Buying and Selling

In related news, EVP Philip Guido bought 4,645 shares of the stock in a transaction that occurred on Friday, February 7th. The stock was acquired at an average cost of $107.56 per share, with a total value of $499,616.20. Following the transaction, the executive vice president now directly owns 33,522 shares in the company, valued at approximately $3,605,626.32. This trade represents a 16.09 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.73% of the stock is owned by corporate insiders.

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.