Tsfg LLC Has $121,000 Holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Tsfg LLC boosted its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 15.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 671 shares of the semiconductor manufacturer’s stock after buying an additional 92 shares during the quarter. Tsfg LLC’s holdings in Advanced Micro Devices were worth $121,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of AMD. Mather Group LLC. lifted its position in Advanced Micro Devices by 21.0% during the 3rd quarter. Mather Group LLC. now owns 9,887 shares of the semiconductor manufacturer’s stock worth $1,017,000 after buying an additional 1,717 shares in the last quarter. Valley National Advisers Inc. grew its stake in shares of Advanced Micro Devices by 30.0% during the third quarter. Valley National Advisers Inc. now owns 958 shares of the semiconductor manufacturer’s stock valued at $99,000 after purchasing an additional 221 shares during the last quarter. Bamco Inc. NY raised its position in shares of Advanced Micro Devices by 0.4% in the 3rd quarter. Bamco Inc. NY now owns 208,910 shares of the semiconductor manufacturer’s stock valued at $21,480,000 after acquiring an additional 792 shares during the period. Morningstar Investment Services LLC acquired a new position in Advanced Micro Devices during the third quarter valued at approximately $214,000. Finally, CWA Asset Management Group LLC raised its holdings in Advanced Micro Devices by 17.9% in the third quarter. CWA Asset Management Group LLC now owns 5,663 shares of the semiconductor manufacturer’s stock worth $582,000 after purchasing an additional 858 shares during the period. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Advanced Micro Devices Price Performance

AMD stock opened at $162.21 on Friday. The company has a current ratio of 2.64, a quick ratio of 1.92 and a debt-to-equity ratio of 0.03. The firm’s 50-day moving average price is $159.12 and its two-hundred day moving average price is $164.86. The stock has a market capitalization of $262.18 billion, a price-to-earnings ratio of 238.55, a PEG ratio of 1.84 and a beta of 1.69. Advanced Micro Devices, Inc. has a 12-month low of $93.11 and a 12-month high of $227.30.

Advanced Micro Devices (NASDAQ:AMD) last announced its earnings results on Tuesday, April 30th. The semiconductor manufacturer reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.01. Advanced Micro Devices had a net margin of 4.89% and a return on equity of 5.72%. The firm had revenue of $5.47 billion for the quarter, compared to analyst estimates of $5.48 billion. During the same quarter in the previous year, the firm posted $0.43 EPS. The company’s revenue for the quarter was up 2.2% compared to the same quarter last year. As a group, equities analysts predict that Advanced Micro Devices, Inc. will post 2.61 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Evercore ISI dropped their target price on shares of Advanced Micro Devices from $200.00 to $193.00 and set an “outperform” rating on the stock in a report on Wednesday, May 1st. Barclays upped their price objective on Advanced Micro Devices from $200.00 to $235.00 and gave the stock an “overweight” rating in a research note on Monday, March 4th. HSBC upgraded shares of Advanced Micro Devices from a “hold” rating to a “buy” rating and boosted their target price for the stock from $180.00 to $225.00 in a report on Tuesday, April 16th. Citigroup cut their price target on shares of Advanced Micro Devices from $192.00 to $176.00 and set a “buy” rating for the company in a research note on Wednesday, May 1st. Finally, Roth Mkm dropped their target price on shares of Advanced Micro Devices from $190.00 to $180.00 and set a “buy” rating on the stock in a report on Wednesday, May 1st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-seven have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $190.83.

Insider Buying and Selling at Advanced Micro Devices

In related 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 transaction of $2,574,828.00. Following the completion of the transaction, the executive vice president now directly owns 1,546,227 shares of the company’s stock, valued at approximately $245,757,319.38. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 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.