Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares Purchased by Baltimore Washington Financial Advisors Inc.

Baltimore Washington Financial Advisors Inc. raised its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 2.2% in the fourth quarter, Holdings Channel.com reports. The fund owned 94,698 shares of the semiconductor manufacturer’s stock after acquiring an additional 2,020 shares during the quarter. Baltimore Washington Financial Advisors Inc.’s holdings in Advanced Micro Devices were worth $11,439,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Czech National Bank boosted its stake in Advanced Micro Devices by 7.0% during the third quarter. Czech National Bank now owns 329,712 shares of the semiconductor manufacturer’s stock worth $54,099,000 after buying an additional 21,708 shares during the last quarter. GAMMA Investing LLC grew its position in Advanced Micro Devices by 25.6% in the 3rd quarter. GAMMA Investing LLC now owns 18,749 shares of the semiconductor manufacturer’s stock valued at $3,076,000 after acquiring an additional 3,816 shares in the last quarter. Herbst Group LLC lifted its position in shares of Advanced Micro Devices by 31.3% during the third quarter. Herbst Group LLC now owns 2,103 shares of the semiconductor manufacturer’s stock worth $345,000 after purchasing an additional 501 shares in the last quarter. Azzad Asset Management Inc. ADV boosted its stake in shares of Advanced Micro Devices by 4.5% in the third quarter. Azzad Asset Management Inc. ADV now owns 10,681 shares of the semiconductor manufacturer’s stock valued at $1,753,000 after purchasing an additional 456 shares during the period. Finally, Consilio Wealth Advisors LLC grew its holdings in shares of Advanced Micro Devices by 13.9% in the third quarter. Consilio Wealth Advisors LLC now owns 1,890 shares of the semiconductor manufacturer’s stock valued at $310,000 after purchasing an additional 231 shares in the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on AMD. Cantor Fitzgerald reiterated an “overweight” rating and issued a $180.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, October 30th. Roth Mkm reiterated a “buy” rating and issued a $200.00 price objective on shares of Advanced Micro Devices in a research note on Friday, October 11th. Morgan Stanley lowered their price objective on Advanced Micro Devices from $169.00 to $158.00 and set an “equal weight” rating for the company in a research report on Friday, December 20th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $250.00 target price on shares of Advanced Micro Devices in a report on Monday, October 28th. Finally, Melius Research reiterated a “hold” rating and set a $129.00 price target (down previously from $160.00) on shares of Advanced Micro Devices in a report on Tuesday, January 28th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating, nineteen have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $169.77.

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, CEO Lisa T. Su sold 80,000 shares of the firm’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $143.87, for a total transaction of $11,509,600.00. Following the completion of the transaction, the chief executive officer now directly owns 3,566,762 shares of the company’s stock, valued at $513,150,048.94. This trade represents a 2.19 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.65% of the stock is currently owned by company insiders.

Advanced Micro Devices Stock Performance

Shares of NASDAQ:AMD opened at $114.27 on Tuesday. The business’s 50-day simple moving average is $125.92 and its 200 day simple moving average is $141.11. The company has a market cap of $185.44 billion, a P/E ratio of 102.95, a PEG ratio of 1.03 and a beta of 1.66. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.78 and a current ratio of 2.50. Advanced Micro Devices, Inc. has a one year low of $112.80 and a one year high of $227.30.

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.