Dimensional Fund Advisors LP Raises Stock Holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Dimensional Fund Advisors LP boosted its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 3.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,908,745 shares of the semiconductor manufacturer's stock after purchasing an additional 202,138 shares during the period. Dimensional Fund Advisors LP owned about 0.37% of Advanced Micro Devices worth $871,058,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Addison Advisors LLC lifted its holdings in Advanced Micro Devices by 41.9% during the 4th quarter. Addison Advisors LLC now owns 210 shares of the semiconductor manufacturer's stock worth $31,000 after buying an additional 62 shares during the last quarter. Schear Investment Advisers LLC raised its position in shares of Advanced Micro Devices by 0.4% during the 4th quarter. Schear Investment Advisers LLC now owns 15,762 shares of the semiconductor manufacturer's stock worth $2,323,000 after purchasing an additional 64 shares during the period. Fiduciary Group LLC raised its position in shares of Advanced Micro Devices by 2.7% during the 4th quarter. Fiduciary Group LLC now owns 2,516 shares of the semiconductor manufacturer's stock worth $371,000 after purchasing an additional 65 shares during the period. EWA LLC raised its position in shares of Advanced Micro Devices by 4.0% during the 4th quarter. EWA LLC now owns 1,826 shares of the semiconductor manufacturer's stock worth $269,000 after purchasing an additional 70 shares during the period. Finally, Oliver Lagore Vanvalin Investment Group raised its position in shares of Advanced Micro Devices by 36.2% during the 4th quarter. Oliver Lagore Vanvalin Investment Group now owns 271 shares of the semiconductor manufacturer's stock worth $40,000 after purchasing an additional 72 shares during the period. Hedge funds and other institutional investors own 71.34% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Northland Securities upgraded Advanced Micro Devices from a "market perform" rating to an "outperform" rating and set a $195.00 price target on the stock in a research report on Wednesday, January 31st. Morgan Stanley decreased their target price on Advanced Micro Devices from $193.00 to $177.00 and set an "overweight" rating on the stock in a report on Monday, April 29th. Citigroup decreased their price target on Advanced Micro Devices from $192.00 to $176.00 and set a "buy" rating for the company in a research report on Wednesday, May 1st. New Street Research upgraded Advanced Micro Devices from a "neutral" rating to a "buy" rating and set a $215.00 price objective on the stock in a report on Wednesday, January 24th. Finally, Cantor Fitzgerald decreased their target price on shares of Advanced Micro Devices from $190.00 to $170.00 and set an "overweight" rating for the company in a report on Wednesday, May 1st. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and twenty-seven have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $183.94.

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 16,200 shares of the company's stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $177.57, for a total value of $2,876,634.00. Following the completion of the transaction, the executive vice president now owns 1,554,602 shares of the company's stock, valued at approximately $276,050,677.14. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other Advanced Micro Devices news, CAO Darla M. Smith sold 1,678 shares of the company's stock in a transaction on Thursday, February 29th. The stock was sold at an average price of $188.66, for a total value of $316,571.48. Following the sale, the chief accounting officer now directly owns 4,209 shares in the company, valued at $794,069.94. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Mark D. Papermaster sold 16,200 shares of the firm's stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $177.57, for a total transaction of $2,876,634.00. Following the sale, the executive vice president now directly owns 1,554,602 shares of the company's stock, valued at approximately $276,050,677.14. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 181,850 shares of company stock worth $34,637,833. 0.73% of the stock is currently owned by company insiders.

Advanced Micro Devices Stock Performance

AMD traded down $0.47 during trading on Friday, hitting $151.92. The stock had a trading volume of 37,652,770 shares, compared to its average volume of 52,004,952. The firm has a market cap of $245.55 billion, a PE ratio of 223.42, a P/E/G ratio of 2.36 and a beta of 1.66. Advanced Micro Devices, Inc. has a 12 month low of $93.11 and a 12 month high of $227.30. The company has a current ratio of 2.64, a quick ratio of 1.92 and a debt-to-equity ratio of 0.03. The company has a 50 day simple moving average of $172.26 and a 200-day simple moving average of $153.59.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its earnings results on Tuesday, April 30th. The semiconductor manufacturer reported $0.62 EPS for the quarter, topping the consensus estimate of $0.61 by $0.01. The firm had revenue of $5.47 billion for the quarter, compared to the consensus estimate of $5.48 billion. Advanced Micro Devices had a net margin of 4.89% and a return on equity of 5.72%. The business's quarterly revenue was up 2.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.43 EPS. Analysts expect that Advanced Micro Devices, Inc. will post 2.62 EPS for the current year.

Advanced Micro Devices 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.

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