25,218 Shares in Advanced Micro Devices, Inc. (NASDAQ:AMD) Bought by Caisse Des Depots ET Consignations

Caisse Des Depots ET Consignations purchased a new position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 25,218 shares of the semiconductor manufacturer’s stock, valued at approximately $3,046,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Blair William & Co. IL raised its stake in Advanced Micro Devices by 2.8% during the fourth quarter. Blair William & Co. IL now owns 254,372 shares of the semiconductor manufacturer’s stock worth $30,726,000 after acquiring an additional 6,847 shares during the period. IQ EQ FUND MANAGEMENT IRELAND Ltd increased its stake in shares of Advanced Micro Devices by 426.8% during the fourth quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 11,974 shares of the semiconductor manufacturer’s stock valued at $1,446,000 after acquiring an additional 9,701 shares during the period. LM Advisors LLC lifted its holdings in shares of Advanced Micro Devices by 22.8% in the fourth quarter. LM Advisors LLC now owns 2,534 shares of the semiconductor manufacturer’s stock valued at $306,000 after buying an additional 471 shares during the period. AssuredPartners Investment Advisors LLC acquired a new position in shares of Advanced Micro Devices in the 4th quarter worth approximately $396,000. Finally, NEOS Investment Management LLC lifted its position in shares of Advanced Micro Devices by 17.3% during the 4th quarter. NEOS Investment Management LLC now owns 190,488 shares of the semiconductor manufacturer’s stock valued at $23,009,000 after acquiring an additional 28,163 shares during the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.

Advanced Micro Devices Stock Down 4.0 %

Shares of AMD opened at $110.19 on Thursday. The company has a quick ratio of 1.83, a current ratio of 2.62 and a debt-to-equity ratio of 0.03. The business has a fifty day moving average of $109.99 and a 200 day moving average of $131.31. Advanced Micro Devices, Inc. has a 52-week low of $94.73 and a 52-week high of $187.28. The company has a market cap of $178.56 billion, a PE ratio of 111.30, a P/E/G ratio of 1.11 and a beta of 1.74.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.07. Advanced Micro Devices had a net margin of 6.36% and a return on equity of 7.42%. On average, sell-side analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. TD Cowen lowered their price objective on shares of Advanced Micro Devices from $185.00 to $150.00 and set a “buy” rating on the stock in a research report on Monday, January 13th. Hsbc Global Res cut Advanced Micro Devices from a “strong-buy” rating to a “moderate sell” rating in a research report on Wednesday, January 8th. Benchmark restated a “buy” rating and issued a $170.00 price target on shares of Advanced Micro Devices in a research report on Tuesday, February 18th. Melius Research reaffirmed a “hold” rating and issued a $129.00 target price (down from $160.00) on shares of Advanced Micro Devices in a research report on Tuesday, January 28th. Finally, The Goldman Sachs Group downgraded Advanced Micro Devices from a “buy” rating to a “neutral” rating and cut their target price for the stock from $175.00 to $129.00 in a research report on Friday, January 10th. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating, nineteen have given a buy rating and three have given a strong buy rating to the company. According to MarketBeat, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and a consensus target price of $155.14.

Insider Buying and Selling

In other news, EVP Philip Guido bought 4,645 shares of the firm’s stock in a transaction dated Friday, February 7th. The shares were acquired at an average price of $107.56 per share, for a total transaction of $499,616.20. Following the completion of the transaction, the executive vice president now directly owns 33,522 shares in the company, valued at $3,605,626.32. The trade was a 16.09 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.73% of the stock is currently owned by corporate insiders.

Advanced Micro Devices 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.