Advanced Micro Devices, Inc. (AMD) Stake Lifted by Virtu Financial LLC

Virtu Financial LLC lifted its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 17.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 173,268 shares of the semiconductor manufacturer’s stock after buying an additional 25,661 shares during the period. Virtu Financial LLC’s holdings in Advanced Micro Devices were worth $1,781,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of AMD. Tower Research Capital LLC TRC boosted its position in Advanced Micro Devices by 460.0% during the fourth quarter. Tower Research Capital LLC TRC now owns 19,869 shares of the semiconductor manufacturer’s stock valued at $204,000 after purchasing an additional 16,321 shares during the last quarter. Rhumbline Advisers boosted its position in Advanced Micro Devices by 0.5% during the fourth quarter. Rhumbline Advisers now owns 1,511,443 shares of the semiconductor manufacturer’s stock valued at $15,538,000 after purchasing an additional 7,140 shares during the last quarter. Arizona State Retirement System boosted its position in Advanced Micro Devices by 7.2% during the fourth quarter. Arizona State Retirement System now owns 341,620 shares of the semiconductor manufacturer’s stock valued at $3,512,000 after purchasing an additional 23,068 shares during the last quarter. Eagle Asset Management Inc. boosted its position in Advanced Micro Devices by 74.1% during the fourth quarter. Eagle Asset Management Inc. now owns 3,587,609 shares of the semiconductor manufacturer’s stock valued at $37,279,000 after purchasing an additional 1,526,653 shares during the last quarter. Finally, Pinebridge Investments L.P. boosted its position in Advanced Micro Devices by 17.8% during the fourth quarter. Pinebridge Investments L.P. now owns 59,453 shares of the semiconductor manufacturer’s stock valued at $611,000 after purchasing an additional 8,995 shares during the last quarter. 62.13% of the stock is owned by institutional investors and hedge funds.

Advanced Micro Devices, Inc. (NASDAQ AMD) traded down $0.28 during mid-day trading on Wednesday, reaching $11.36. The company had a trading volume of 80,206,869 shares, compared to its average volume of 69,980,000. Advanced Micro Devices, Inc. has a fifty-two week low of $9.70 and a fifty-two week high of $15.65. The firm has a market capitalization of $11,010.00, a P/E ratio of -13.52, a PEG ratio of 4.98 and a beta of 2.73. The company has a current ratio of 1.76, a quick ratio of 1.27 and a debt-to-equity ratio of 2.17.

Advanced Micro Devices (NASDAQ:AMD) last released its earnings results on Tuesday, January 30th. The semiconductor manufacturer reported $0.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.04 by $0.04. Advanced Micro Devices had a return on equity of 16.76% and a net margin of 0.81%. The business had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.40 billion. During the same period last year, the business earned ($0.01) earnings per share. The firm’s revenue for the quarter was up 33.8% compared to the same quarter last year. research analysts predict that Advanced Micro Devices, Inc. will post 0.3 EPS for the current fiscal year.

Several equities analysts have weighed in on AMD shares. Argus upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating and raised their target price for the company from $13.74 to $18.00 in a report on Thursday, February 1st. Credit Suisse Group raised their target price on Advanced Micro Devices from $12.00 to $13.50 and gave the company a “neutral” rating in a report on Wednesday, January 31st. MKM Partners raised their target price on Advanced Micro Devices from $13.00 to $14.50 and gave the company a “buy” rating in a report on Monday, January 29th. Vetr lowered Advanced Micro Devices from a “buy” rating to a “hold” rating and set a $13.12 target price on the stock. in a report on Monday, January 29th. Finally, Zacks Investment Research upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $15.00 target price on the stock in a report on Wednesday, January 31st. Six research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and thirteen have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $14.62.

In related news, SVP Harry A. Wolin sold 18,967 shares of Advanced Micro Devices stock in a transaction dated Wednesday, December 27th. The stock was sold at an average price of $10.62, for a total transaction of $201,429.54. Following the sale, the senior vice president now directly owns 975,517 shares of the company’s stock, valued at $10,359,990.54. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Lisa T. Su sold 100,000 shares of Advanced Micro Devices stock in a transaction that occurred on Wednesday, March 7th. The shares were sold at an average price of $12.00, for a total value of $1,200,000.00. The disclosure for this sale can be found here. Over the last three months, insiders have sold 1,343,240 shares of company stock worth $15,795,618. 1.60% of the stock is owned by company insiders.

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Advanced Micro Devices Company Profile

Advanced Micro Devices, Inc is a global semiconductor company. The Company is engaged in offering x86 microprocessors, as standalone devices or as incorporated into an accelerated processing unit (APU), chipsets, discrete graphics processing units (GPUs) and professional graphics, and server and embedded processors and semi-custom System-on-Chip (SoC) products and technology for game consoles.

Institutional Ownership by Quarter for Advanced Micro Devices (NASDAQ:AMD)

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