Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares Bought by Geode Capital Management LLC

Geode Capital Management LLC raised its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 2.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 35,079,256 shares of the semiconductor manufacturer’s stock after acquiring an additional 835,413 shares during the period. Geode Capital Management LLC owned approximately 2.16% of Advanced Micro Devices worth $4,224,840,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Vanguard Group Inc. grew its holdings in Advanced Micro Devices by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 150,210,152 shares of the semiconductor manufacturer’s stock worth $18,143,884,000 after acquiring an additional 1,441,626 shares during the period. State Street Corp boosted its position in Advanced Micro Devices by 2.3% in the 3rd quarter. State Street Corp now owns 70,170,271 shares of the semiconductor manufacturer’s stock worth $11,513,538,000 after purchasing an additional 1,580,035 shares in the last quarter. Fisher Asset Management LLC grew its stake in shares of Advanced Micro Devices by 1.2% during the 4th quarter. Fisher Asset Management LLC now owns 24,086,020 shares of the semiconductor manufacturer’s stock worth $2,909,350,000 after purchasing an additional 290,784 shares during the period. Norges Bank purchased a new position in shares of Advanced Micro Devices during the 4th quarter valued at approximately $2,867,193,000. Finally, Van ECK Associates Corp lifted its stake in shares of Advanced Micro Devices by 23.3% in the 4th quarter. Van ECK Associates Corp now owns 11,859,744 shares of the semiconductor manufacturer’s stock valued at $1,432,538,000 after purchasing an additional 2,238,866 shares during the period. 71.34% of the stock is owned by hedge funds and other institutional investors.

Advanced Micro Devices Stock Down 0.5 %

AMD stock opened at $102.74 on Tuesday. Advanced Micro Devices, Inc. has a one year low of $94.73 and a one year high of $187.28. The firm has a market cap of $166.49 billion, a PE ratio of 103.78, a PEG ratio of 1.11 and a beta of 1.74. The firm’s 50 day moving average price is $109.01 and its 200-day moving average price is $130.35. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.83 and a current ratio of 2.62.

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

Analysts Set New Price Targets

Several analysts recently commented on AMD shares. Rosenblatt Securities restated a “buy” rating and set a $250.00 price target on shares of Advanced Micro Devices in a research report on Tuesday, February 4th. Roth Capital set a $140.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, February 5th. StockNews.com lowered Advanced Micro Devices from a “hold” rating to a “sell” rating in a research note on Wednesday, March 26th. Bank of America lowered their price target on Advanced Micro Devices from $155.00 to $135.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 5th. Finally, Loop Capital started coverage on Advanced Micro Devices in a research report on Tuesday, January 14th. They issued a “buy” rating and a $175.00 price objective for the company. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating, eighteen have issued a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $152.72.

Insider Buying and Selling at Advanced Micro Devices

In other news, EVP Philip Guido acquired 4,645 shares of the business’s stock in a transaction that occurred on Friday, February 7th. The shares were purchased at an average price of $107.56 per share, for a total transaction of $499,616.20. Following the acquisition, the executive vice president now owns 33,522 shares of the company’s stock, valued at $3,605,626.32. This represents a 16.09 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.73% of the company’s stock.

Advanced Micro Devices Company 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.