Calamos Advisors LLC Buys 592 Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

Calamos Advisors LLC raised its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 0.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 448,323 shares of the semiconductor manufacturer’s stock after purchasing an additional 592 shares during the quarter. Calamos Advisors LLC’s holdings in Advanced Micro Devices were worth $54,153,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Creative Capital Management Investments LLC lifted its holdings in shares of Advanced Micro Devices by 124.6% during the third quarter. Creative Capital Management Investments LLC now owns 155 shares of the semiconductor manufacturer’s stock worth $25,000 after purchasing an additional 86 shares during the period. Global Wealth Strategies & Associates bought a new position in shares of Advanced Micro Devices during the fourth quarter valued at about $26,000. FSA Wealth Management LLC bought a new stake in Advanced Micro Devices during the third quarter worth about $41,000. Coston McIsaac & Partners increased its holdings in Advanced Micro Devices by 319.4% in the 3rd quarter. Coston McIsaac & Partners now owns 260 shares of the semiconductor manufacturer’s stock worth $42,000 after buying an additional 198 shares in the last quarter. Finally, Retirement Wealth Solutions LLC bought a new position in Advanced Micro Devices in the fourth quarter worth approximately $32,000. Institutional investors and hedge funds own 71.34% of the company’s stock.

Advanced Micro Devices Trading Down 1.4 %

Shares of NASDAQ:AMD opened at $114.27 on Tuesday. Advanced Micro Devices, Inc. has a 12-month low of $112.80 and a 12-month high of $227.30. The firm has a market capitalization of $185.44 billion, a P/E ratio of 102.95, a price-to-earnings-growth ratio of 1.03 and a beta of 1.66. The company has a quick ratio of 1.78, a current ratio of 2.50 and a debt-to-equity ratio of 0.03. The firm has a fifty day moving average of $125.92 and a two-hundred day moving average of $141.11.

Wall Street Analyst Weigh In

AMD has been the topic of a number of research analyst reports. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $180.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, October 30th. HSBC reissued a “reduce” rating and issued a $110.00 price objective (down previously from $200.00) on shares of Advanced Micro Devices in a research note on Wednesday, January 8th. Wells Fargo & Company decreased their target price on Advanced Micro Devices from $205.00 to $165.00 and set an “overweight” rating for the company in a research report on Monday, January 13th. KeyCorp reduced their price target on shares of Advanced Micro Devices from $220.00 to $150.00 and set an “overweight” rating for the company in a research report on Tuesday, January 14th. Finally, Citigroup lowered their price target on shares of Advanced Micro Devices from $200.00 to $175.00 and set a “buy” rating for the company in a report on Tuesday, January 21st. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating, nineteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $169.77.

Insiders Place Their Bets

In related news, CEO Lisa T. Su sold 80,000 shares of the business’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $143.87, for a total value of $11,509,600.00. Following the sale, the chief executive officer now directly owns 3,566,762 shares in the company, valued at approximately $513,150,048.94. The trade was a 2.19 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.65% of the company’s stock.

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.