Advanced Micro Devices, Inc. (NASDAQ:AMD) Stock Position Increased by Machina Capital S.A.S.

Machina Capital S.A.S. lifted its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 125.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 21,150 shares of the semiconductor manufacturer's stock after purchasing an additional 11,765 shares during the quarter. Machina Capital S.A.S.'s holdings in Advanced Micro Devices were worth $2,173,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in AMD. Greenline Partners LLC acquired a new position in shares of Advanced Micro Devices in the 4th quarter worth approximately $28,000. Farmers & Merchants Trust Co of Chambersburg PA grew its position in Advanced Micro Devices by 277.8% in the 1st quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer's stock valued at $28,000 after acquiring an additional 200 shares in the last quarter. American Capital Advisory LLC increased its stake in Advanced Micro Devices by 90.3% during the first quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer's stock worth $28,000 after purchasing an additional 130 shares during the period. Kozak & Associates Inc. boosted its stake in shares of Advanced Micro Devices by 67.6% in the first quarter. Kozak & Associates Inc. now owns 305 shares of the semiconductor manufacturer's stock valued at $29,000 after purchasing an additional 123 shares during the period. Finally, Mpwm Advisory Solutions LLC purchased a new stake in Advanced Micro Devices during the 4th quarter worth approximately $30,000. Hedge funds and other institutional investors own 71.34% of the company's stock.

Insider Transactions at Advanced Micro Devices

In related news, EVP Mark D. Papermaster sold 17,998 shares of the business's stock in a transaction dated Tuesday, July 15th. The stock was sold at an average price of $155.03, for a total value of $2,790,229.94. Following the completion of the sale, the executive vice president directly owned 1,713,710 shares of the company's stock, valued at $265,676,461.30. The trade was a 1.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.06% of the stock is owned by corporate insiders.

Advanced Micro Devices Trading Up 2.7%

AMD stock traded up $4.35 during midday trading on Friday, hitting $166.47. The stock had a trading volume of 53,186,893 shares, compared to its average volume of 46,238,572. The firm has a market cap of $269.91 billion, a PE ratio of 122.40, a price-to-earnings-growth ratio of 2.20 and a beta of 2.05. Advanced Micro Devices, Inc. has a 12-month low of $76.48 and a 12-month high of $174.05. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.80 and a quick ratio of 1.97. The company's 50-day moving average price is $132.24 and its 200 day moving average price is $114.46.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The semiconductor manufacturer reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.03. The company had revenue of $7.44 billion during the quarter, compared to analyst estimates of $7.10 billion. Advanced Micro Devices had a net margin of 8.03% and a return on equity of 8.30%. The business's quarterly revenue was up 35.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.62 earnings per share. On average, equities research analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Advanced Micro Devices declared that its board has initiated a share buyback program on Wednesday, May 14th that allows the company to repurchase $6.00 billion in outstanding shares. This repurchase authorization allows the semiconductor manufacturer to repurchase up to 3.1% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board believes its stock is undervalued.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on AMD. Rosenblatt Securities reiterated a "buy" rating and issued a $200.00 price objective on shares of Advanced Micro Devices in a research note on Friday, June 13th. UBS Group reduced their target price on shares of Advanced Micro Devices from $155.00 to $150.00 and set a "buy" rating on the stock in a report on Wednesday, May 7th. Stifel Nicolaus reiterated a "buy" rating and set a $132.00 price target on shares of Advanced Micro Devices in a report on Friday, June 13th. Sanford C. Bernstein boosted their target price on shares of Advanced Micro Devices from $95.00 to $140.00 and gave the stock a "market perform" rating in a research note on Monday, July 21st. Finally, Cantor Fitzgerald restated an "overweight" rating on shares of Advanced Micro Devices in a research note on Monday, June 9th. Eleven investment analysts have rated the stock with a hold rating, twenty-four have issued a buy rating and five have assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $154.68.

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.