M Holdings Securities Inc. Acquires 901 Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

M Holdings Securities Inc. boosted its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Get Rating) by 22.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,873 shares of the semiconductor manufacturer’s stock after purchasing an additional 901 shares during the quarter. M Holdings Securities Inc.’s holdings in Advanced Micro Devices were worth $309,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in AMD. Fairfield Bush & CO. bought a new position in shares of Advanced Micro Devices during the 1st quarter worth about $836,000. Mirae Asset Global Investments Co. Ltd. increased its stake in Advanced Micro Devices by 49.7% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,384,719 shares of the semiconductor manufacturer’s stock valued at $260,746,000 after acquiring an additional 791,710 shares during the period. U.S. Capital Wealth Advisors LLC increased its stake in Advanced Micro Devices by 34.9% during the first quarter. U.S. Capital Wealth Advisors LLC now owns 2,677 shares of the semiconductor manufacturer’s stock valued at $293,000 after acquiring an additional 692 shares during the period. Raymond James Trust N.A. raised its holdings in Advanced Micro Devices by 104.8% in the 1st quarter. Raymond James Trust N.A. now owns 7,959 shares of the semiconductor manufacturer’s stock valued at $870,000 after acquiring an additional 4,072 shares in the last quarter. Finally, Baird Financial Group Inc. lifted its position in shares of Advanced Micro Devices by 217.2% in the 1st quarter. Baird Financial Group Inc. now owns 398,051 shares of the semiconductor manufacturer’s stock worth $43,524,000 after acquiring an additional 272,557 shares during the period. Institutional investors and hedge funds own 67.17% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Mark D. Papermaster sold 30,000 shares of the stock in a transaction on Monday, March 6th. The stock was sold at an average price of $81.69, for a total value of $2,450,700.00. Following the transaction, the executive vice president now owns 1,516,945 shares of the company’s stock, valued at approximately $123,919,237.05. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, EVP Rick Bergman sold 3,000 shares of Advanced Micro Devices stock in a transaction that occurred on Thursday, February 9th. The shares were sold at an average price of $85.88, for a total transaction of $257,640.00. Following the transaction, the executive vice president now owns 155,232 shares of the company’s stock, valued at approximately $13,331,324.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Mark D. Papermaster sold 30,000 shares of the business’s stock in a transaction that occurred on Monday, March 6th. The shares were sold at an average price of $81.69, for a total transaction of $2,450,700.00. Following the transaction, the executive vice president now owns 1,516,945 shares of the company’s stock, valued at approximately $123,919,237.05. The disclosure for this sale can be found here. In the last 90 days, insiders sold 63,000 shares of company stock valued at $5,264,040. Company insiders own 1.00% of the company’s stock.

Analyst Upgrades and Downgrades

AMD has been the subject of a number of recent research reports. Benchmark upped their target price on Advanced Micro Devices from $93.00 to $103.00 and gave the company a “buy” rating in a research note on Tuesday, February 14th. Raymond James started coverage on shares of Advanced Micro Devices in a report on Thursday, March 2nd. They set a “strong-buy” rating and a $100.00 price objective for the company. Barclays upped their target price on shares of Advanced Micro Devices from $85.00 to $90.00 and gave the company an “overweight” rating in a research note on Wednesday, February 1st. Citigroup raised their price target on shares of Advanced Micro Devices from $65.00 to $76.00 and gave the stock a “neutral” rating in a research note on Thursday, February 2nd. Finally, Craig Hallum lowered Advanced Micro Devices from a “buy” rating to a “hold” rating and set a $76.00 price objective on the stock. in a research note on Wednesday, February 1st. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $93.60.

Advanced Micro Devices Price Performance

Advanced Micro Devices stock opened at $89.68 on Thursday. The business’s 50-day simple moving average is $78.01 and its 200 day simple moving average is $72.09. The company has a quick ratio of 1.77, a current ratio of 2.36 and a debt-to-equity ratio of 0.05. The stock has a market cap of $144.51 billion, a price-to-earnings ratio of 101.91, a P/E/G ratio of 5.01 and a beta of 1.95. Advanced Micro Devices, Inc. has a 12-month low of $54.57 and a 12-month high of $125.67.

Advanced Micro Devices (NASDAQ:AMD – Get Rating) last issued its earnings results on Tuesday, January 31st. The semiconductor manufacturer reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.02. The company had revenue of $5.60 billion for the quarter, compared to analyst estimates of $5.52 billion. Advanced Micro Devices had a net margin of 5.59% and a return on equity of 8.52%. The company’s revenue for the quarter was up 16.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.83 EPS. As a group, research analysts anticipate that Advanced Micro Devices, Inc. will post 2.41 earnings per share for the current year.

Advanced Micro Devices Profile

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Advanced Micro Devices, Inc engages in the provision of semiconductor businesses. It operates through the following segments: Computing & Graphics, and Enterprise, Embedded and Semi-Custom. The Computing and Graphics segment includes desktop and notebook processors and chipsets, discrete and integrated graphics processing units, data center and professional GPUs and development services.