Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares Sold by Axa S.A.

AXA S.A. reduced its position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 35.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,180,782 shares of the semiconductor manufacturer's stock after selling 662,562 shares during the period. AXA S.A. owned 0.07% of Advanced Micro Devices worth $142,627,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Principal Financial Group Inc. grew its holdings in shares of Advanced Micro Devices by 30.2% during the third quarter. Principal Financial Group Inc. now owns 2,537,968 shares of the semiconductor manufacturer's stock valued at $416,430,000 after buying an additional 588,595 shares during the last quarter. Wilmington Savings Fund Society FSB raised its stake in shares of Advanced Micro Devices by 189.7% in the third quarter. Wilmington Savings Fund Society FSB now owns 16,095 shares of the semiconductor manufacturer's stock worth $2,641,000 after purchasing an additional 10,539 shares during the last quarter. Versant Capital Management Inc lifted its holdings in shares of Advanced Micro Devices by 22.3% during the fourth quarter. Versant Capital Management Inc now owns 1,379 shares of the semiconductor manufacturer's stock worth $167,000 after purchasing an additional 251 shares during the period. Nordea Investment Management AB boosted its position in Advanced Micro Devices by 19.8% in the fourth quarter. Nordea Investment Management AB now owns 1,748,872 shares of the semiconductor manufacturer's stock valued at $212,943,000 after buying an additional 289,110 shares during the last quarter. Finally, Boltwood Capital Management increased its holdings in Advanced Micro Devices by 15.3% in the 4th quarter. Boltwood Capital Management now owns 2,413 shares of the semiconductor manufacturer's stock worth $291,000 after buying an additional 320 shares during the period. Institutional investors own 71.34% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on AMD. Piper Sandler reiterated an "overweight" rating on shares of Advanced Micro Devices in a research note on Wednesday, February 19th. Hsbc Global Res cut Advanced Micro Devices from a "strong-buy" rating to a "moderate sell" rating in a report on Wednesday, January 8th. Barclays reduced their price target on Advanced Micro Devices from $140.00 to $110.00 and set an "overweight" rating for the company in a research report on Tuesday, April 22nd. TD Cowen dropped their price objective on shares of Advanced Micro Devices from $135.00 to $110.00 and set a "buy" rating on the stock in a research note on Wednesday, April 9th. Finally, Melius cut shares of Advanced Micro Devices from a "buy" rating to a "hold" rating and decreased their target price for the company from $160.00 to $129.00 in a research note on Tuesday, January 28th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating, seventeen have given a buy rating and four have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $139.57.

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 17,500 shares of Advanced Micro Devices stock in a transaction that occurred on Tuesday, April 15th. The shares were sold at an average price of $95.47, for a total value of $1,670,725.00. Following the completion of the sale, the executive vice president now directly owns 1,713,710 shares of the company's stock, valued at approximately $163,607,893.70. The trade was a 1.01 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Philip Guido purchased 4,645 shares of the firm's stock in a transaction on Friday, February 7th. The stock was acquired at an average cost of $107.56 per share, for a total transaction of $499,616.20. Following the completion of the purchase, the executive vice president now owns 33,522 shares in the company, valued at $3,605,626.32. The trade was a 16.09 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 0.06% of the company's stock.

Advanced Micro Devices Stock Performance

Shares of NASDAQ:AMD traded up $1.79 on Monday, reaching $100.59. The company's stock had a trading volume of 41,169,177 shares, compared to its average volume of 42,198,490. 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 52-week low of $76.48 and a 52-week high of $187.28. The stock's 50-day moving average is $97.39 and its two-hundred day moving average is $118.03. The stock has a market capitalization of $162.58 billion, a P/E ratio of 101.61, a PEG ratio of 1.11 and a beta of 1.97.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 EPS for the quarter, meeting analysts' consensus estimates of $1.07. Advanced Micro Devices had a net margin of 6.36% and a return on equity of 7.42%. As a group, sell-side analysts forecast that Advanced Micro Devices, Inc. will post 3.87 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.