Astoria Portfolio Advisors LLC. Purchases 200 Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

Astoria Portfolio Advisors LLC. lifted its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 13.3% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 1,708 shares of the semiconductor manufacturer’s stock after purchasing an additional 200 shares during the quarter. Astoria Portfolio Advisors LLC.’s holdings in Advanced Micro Devices were worth $308,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Mather Group LLC. lifted its position in Advanced Micro Devices by 21.0% during the 3rd quarter. Mather Group LLC. now owns 9,887 shares of the semiconductor manufacturer’s stock worth $1,017,000 after buying an additional 1,717 shares in the last quarter. Valley National Advisers Inc. lifted its position in Advanced Micro Devices by 30.0% during the 3rd quarter. Valley National Advisers Inc. now owns 958 shares of the semiconductor manufacturer’s stock valued at $99,000 after purchasing an additional 221 shares during the period. Bamco Inc. NY lifted its position in Advanced Micro Devices by 0.4% during the 3rd quarter. Bamco Inc. NY now owns 208,910 shares of the semiconductor manufacturer’s stock valued at $21,480,000 after purchasing an additional 792 shares during the period. Morningstar Investment Services LLC acquired a new position in Advanced Micro Devices during the 3rd quarter valued at about $214,000. Finally, CWA Asset Management Group LLC lifted its position in Advanced Micro Devices by 17.9% during the 3rd quarter. CWA Asset Management Group LLC now owns 5,663 shares of the semiconductor manufacturer’s stock valued at $582,000 after purchasing an additional 858 shares during the period. Institutional investors own 71.34% of the company’s stock.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 16,200 shares of the firm’s stock in a transaction on Friday, June 14th. The stock was sold at an average price of $158.94, for a total transaction of $2,574,828.00. Following the completion of the sale, the executive vice president now owns 1,546,227 shares of the company’s stock, valued at approximately $245,757,319.38. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.73% of the company’s stock.

Advanced Micro Devices Price Performance

NASDAQ:AMD opened at $162.21 on Friday. Advanced Micro Devices, Inc. has a 1-year low of $93.11 and a 1-year 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 firm has a fifty day simple moving average of $159.12 and a 200 day simple moving average of $164.86. The stock has a market capitalization of $262.18 billion, a PE ratio of 238.55, a P/E/G ratio of 1.84 and a beta of 1.69.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings results on Tuesday, April 30th. The semiconductor manufacturer reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.01. Advanced Micro Devices had a return on equity of 5.72% and a net margin of 4.89%. The business had revenue of $5.47 billion during the quarter, compared to the consensus estimate of $5.48 billion. During the same quarter last year, the firm posted $0.43 EPS. The company’s quarterly revenue was up 2.2% on a year-over-year basis. On average, research analysts expect that Advanced Micro Devices, Inc. will post 2.61 EPS for the current fiscal year.

Wall Street Analyst Weigh In

AMD has been the topic of a number of research reports. Wedbush restated an “outperform” rating and set a $200.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, May 1st. Truist Financial cut their target price on shares of Advanced Micro Devices from $174.00 to $162.00 and set a “hold” rating on the stock in a research report on Wednesday, May 1st. Cantor Fitzgerald cut their price target on shares of Advanced Micro Devices from $190.00 to $170.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 1st. UBS Group cut their price target on shares of Advanced Micro Devices from $205.00 to $200.00 and set a “buy” rating on the stock in a research report on Wednesday, May 1st. Finally, TD Cowen increased their price target on shares of Advanced Micro Devices from $185.00 to $200.00 and gave the company a “buy” rating in a research report on Thursday, April 18th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-seven have issued a buy rating to the company’s stock. According to data from MarketBeat, Advanced Micro Devices presently has an average rating of “Moderate Buy” and an average price target of $190.83.

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.