DGS Capital Management LLC Has $510,000 Holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD)

DGS Capital Management LLC increased its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 88.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,826 shares of the semiconductor manufacturer’s stock after purchasing an additional 1,324 shares during the period. DGS Capital Management LLC’s holdings in Advanced Micro Devices were worth $510,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in AMD. Spartan Planning & Wealth Management acquired a new position in shares of Advanced Micro Devices during the 3rd quarter worth $27,000. Northwest Bank & Trust Co bought a new position in shares of Advanced Micro Devices in the fourth quarter worth about $28,000. Bare Financial Services Inc bought a new stake in shares of Advanced Micro Devices during the 4th quarter valued at approximately $29,000. MeadowBrook Investment Advisors LLC bought a new position in Advanced Micro Devices in the 4th quarter valued at approximately $29,000. Finally, Gables Capital Management Inc. bought a new stake in shares of Advanced Micro Devices during the fourth quarter worth $29,000. 71.34% of the stock is currently owned by institutional investors.

Advanced Micro Devices Trading Up 1.2 %

Shares of Advanced Micro Devices stock opened at $159.47 on Friday. The firm has a market cap of $257.75 billion, a PE ratio of 234.52, a P/E/G ratio of 1.85 and a beta of 1.69. Advanced Micro Devices, Inc. has a 1 year low of $93.11 and a 1 year high of $227.30. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.64 and a quick ratio of 1.92. The stock has a fifty day moving average price of $158.72 and a 200-day moving average price of $164.71.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings data on Tuesday, April 30th. The semiconductor manufacturer reported $0.62 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 for the quarter, compared to the consensus estimate of $5.48 billion. During the same quarter in the prior year, the business earned $0.43 earnings per share. Advanced Micro Devices’s revenue for the quarter was up 2.2% on a year-over-year basis. Equities research analysts anticipate that Advanced Micro Devices, Inc. will post 2.61 EPS for the current year.

Insider Transactions at Advanced Micro Devices

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

Analyst Ratings Changes

Several equities research analysts recently weighed in on AMD shares. TD Cowen raised their price objective on Advanced Micro Devices from $185.00 to $200.00 and gave the company a “buy” rating in a report on Thursday, April 18th. Truist Financial decreased their target price on shares of Advanced Micro Devices from $174.00 to $162.00 and set a “hold” rating for the company in a research report on Wednesday, May 1st. Barclays upped their price objective on shares of Advanced Micro Devices from $200.00 to $235.00 and gave the company an “overweight” rating in a research note on Monday, March 4th. Evercore ISI lowered their target price on shares of Advanced Micro Devices from $200.00 to $193.00 and set an “outperform” rating for the company in a research note on Wednesday, May 1st. Finally, Morgan Stanley cut shares of Advanced Micro Devices from an “overweight” rating to an “equal weight” rating and set a $176.00 price target on the stock. in a research report on Monday, June 10th. 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.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $190.83.

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.