Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares Bought by Callan Capital LLC

Callan Capital LLC raised its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 19.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,492 shares of the semiconductor manufacturer’s stock after acquiring an additional 413 shares during the period. Callan Capital LLC’s holdings in Advanced Micro Devices were worth $367,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of AMD. 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 buying an additional 64 shares in the last quarter. Oliver Lagore Vanvalin Investment Group lifted its position in Advanced Micro Devices by 36.2% in the fourth 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. Avior Wealth Management LLC boosted its stake in Advanced Micro Devices by 1.0% during the 4th quarter. Avior Wealth Management LLC now owns 7,933 shares of the semiconductor manufacturer’s stock valued at $1,169,000 after purchasing an additional 77 shares in the last quarter. Retirement Planning Group LLC increased its position in shares of Advanced Micro Devices by 2.2% during the 4th quarter. Retirement Planning Group LLC now owns 3,679 shares of the semiconductor manufacturer’s stock valued at $542,000 after purchasing an additional 79 shares during the period. Finally, Optas LLC raised its stake in shares of Advanced Micro Devices by 1.7% in the 4th quarter. Optas LLC now owns 4,924 shares of the semiconductor manufacturer’s stock worth $726,000 after buying an additional 80 shares in the last quarter. Institutional investors own 71.34% of the company’s stock.

Analyst Ratings Changes

AMD has been the topic of several research reports. Melius upgraded shares of Advanced Micro Devices from a “hold” rating to a “buy” rating in a research report on Monday, January 8th. HSBC upgraded shares of Advanced Micro Devices from a “hold” rating to a “buy” rating and raised their target price for the stock from $180.00 to $225.00 in a report on Tuesday, April 16th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $200.00 price target on shares of Advanced Micro Devices in a report on Tuesday, January 30th. Truist Financial boosted their target price on shares of Advanced Micro Devices from $154.00 to $174.00 and gave the stock a “hold” rating in a research report on Wednesday, January 31st. Finally, Northland Securities raised shares of Advanced Micro Devices from a “market perform” rating to an “outperform” rating and set a $195.00 price objective for the company in a research note on Wednesday, January 31st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and twenty-seven have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $185.59.

Insider Activity

In other news, CAO Darla M. Smith sold 1,678 shares of the company’s stock in a transaction on Thursday, February 29th. The shares were 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 of the company’s stock, valued at approximately $794,069.94. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other Advanced Micro Devices news, Director Joseph A. Householder sold 6,572 shares of the business’s stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $208.08, for a total value of $1,367,501.76. Following the transaction, the director now directly owns 2,197 shares of the company’s stock, valued at $457,151.76. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Darla M. Smith sold 1,678 shares of the stock in a transaction that occurred 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 transaction, the chief accounting officer now owns 4,209 shares in the company, valued at $794,069.94. The disclosure for this sale can be found here. Over the last quarter, insiders sold 341,143 shares of company stock valued at $62,580,844. Company insiders own 0.73% of the company’s stock.

Advanced Micro Devices Trading Up 2.4 %

Shares of AMD stock traded up $3.64 during mid-day trading on Friday, reaching $157.40. 42,425,480 shares of the stock traded hands, compared to its average volume of 72,781,539. Advanced Micro Devices, Inc. has a 1-year low of $81.02 and a 1-year high of $227.30. The company has a quick ratio of 1.86, a current ratio of 2.51 and a debt-to-equity ratio of 0.03. The company has a market cap of $254.38 billion, a price-to-earnings ratio of 302.70, a price-to-earnings-growth ratio of 2.31 and a beta of 1.64. The stock’s fifty day simple moving average is $177.46 and its two-hundred day simple moving average is $150.27.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, January 30th. The semiconductor manufacturer reported $0.77 earnings per share for the quarter, hitting the consensus estimate of $0.77. The company had revenue of $6.17 billion for the quarter, compared to analysts’ expectations of $6.13 billion. Advanced Micro Devices had a net margin of 3.77% and a return on equity of 5.73%. Advanced Micro Devices’s revenue for the quarter was up 10.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.54 earnings per share. On average, research analysts anticipate that Advanced Micro Devices, Inc. will post 2.64 EPS for the current fiscal 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.