Advanced Micro Devices, Inc. (NASDAQ:AMD) Holdings Boosted by Thompson Davis & CO. Inc.

Thompson Davis & CO. Inc. lifted its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 14.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,071 shares of the semiconductor manufacturer’s stock after buying an additional 3,226 shares during the period. Advanced Micro Devices comprises 3.3% of Thompson Davis & CO. Inc.’s investment portfolio, making the stock its 4th largest position. Thompson Davis & CO. Inc.’s holdings in Advanced Micro Devices were worth $3,843,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of AMD. Addison Advisors LLC grew its position 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 acquiring an additional 62 shares during the last quarter. Schear Investment Advisers LLC grew its position in 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 acquiring an additional 64 shares during the last quarter. Fiduciary Group LLC grew its position in 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 acquiring an additional 65 shares during the last quarter. EWA LLC grew its position in 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 acquiring an additional 70 shares during the last quarter. Finally, Oliver Lagore Vanvalin Investment Group grew its position in shares of Advanced Micro Devices by 36.2% in the 4th quarter. Oliver Lagore Vanvalin Investment Group now owns 271 shares of the semiconductor manufacturer’s stock worth $40,000 after buying an additional 72 shares during the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.

Advanced Micro Devices Stock Performance

Advanced Micro Devices stock traded down $1.82 during mid-day trading on Tuesday, reaching $158.38. 57,985,168 shares of the stock traded hands, compared to its average volume of 72,251,242. The stock has a market capitalization of $255.96 billion, a PE ratio of 304.58, a price-to-earnings-growth ratio of 2.39 and a beta of 1.64. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.51 and a quick ratio of 1.86. Advanced Micro Devices, Inc. has a 12-month low of $81.02 and a 12-month high of $227.30. The business’s 50-day moving average is $177.04 and its 200-day moving average is $151.59.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings data on Tuesday, April 30th. The semiconductor manufacturer reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $0.02. The company had revenue of $5.47 billion during the quarter, compared to analysts’ expectations of $5.48 billion. Advanced Micro Devices had a return on equity of 5.73% and a net margin of 3.77%. Advanced Micro Devices’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.43 earnings per share. As a group, sell-side analysts predict that Advanced Micro Devices, Inc. will post 2.64 EPS for the current fiscal year.

Insider Activity at Advanced Micro Devices

In related news, CEO Lisa T. Su sold 125,000 shares of the company’s stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $195.13, for a total transaction of $24,391,250.00. Following the completion of the sale, the chief executive officer now owns 3,222,230 shares in the company, valued at $628,753,739.90. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other Advanced Micro Devices news, CEO Lisa T. Su sold 125,000 shares of the business’s stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $195.13, for a total transaction of $24,391,250.00. Following the completion of the sale, the chief executive officer now owns 3,222,230 shares of the company’s stock, valued at $628,753,739.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Joseph A. Householder sold 6,572 shares of the business’s stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $208.08, for a total value of $1,367,501.76. Following the sale, the director now directly owns 2,197 shares of the company’s stock, valued at approximately $457,151.76. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 341,143 shares of company stock worth $62,580,844. 0.65% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on AMD shares. Morgan Stanley cut their price objective on Advanced Micro Devices from $193.00 to $177.00 and set an “overweight” rating on the stock in a research report on Monday. The Goldman Sachs Group lifted their price objective on Advanced Micro Devices from $157.00 to $180.00 and gave the stock a “buy” rating in a research report on Wednesday, January 31st. 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 research report on Wednesday, January 24th. Melius upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating in a research report on Monday, January 8th. Finally, Roth Mkm lifted their price target on Advanced Micro Devices from $125.00 to $190.00 and gave the company a “buy” rating in a research report on Wednesday, January 31st. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $184.68.

About Advanced Micro Devices

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.