Vanguard Capital Wealth Advisors Raises Stock Holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Vanguard Capital Wealth Advisors grew its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 4.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,219 shares of the semiconductor manufacturer’s stock after purchasing an additional 125 shares during the period. Vanguard Capital Wealth Advisors’ holdings in Advanced Micro Devices were worth $475,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Brookstone Capital Management increased its stake in shares of Advanced Micro Devices by 52.5% during the third quarter. Brookstone Capital Management now owns 92,963 shares of the semiconductor manufacturer’s stock worth $9,519,000 after buying an additional 32,011 shares during the period. Commonwealth Equity Services LLC increased its stake in shares of Advanced Micro Devices by 5.3% during the third quarter. Commonwealth Equity Services LLC now owns 603,957 shares of the semiconductor manufacturer’s stock worth $62,099,000 after buying an additional 30,396 shares during the period. Compagnie Lombard Odier SCmA purchased a new stake in shares of Advanced Micro Devices during the third quarter worth approximately $2,643,000. Busey Trust CO purchased a new stake in shares of Advanced Micro Devices during the third quarter worth approximately $218,000. Finally, Hoertkorn Richard Charles increased its stake in shares of Advanced Micro Devices by 13.3% during the third quarter. Hoertkorn Richard Charles now owns 3,400 shares of the semiconductor manufacturer’s stock worth $350,000 after buying an additional 400 shares during the period. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Advanced Micro Devices

In related news, EVP Forrest Eugene Norrod sold 59,293 shares of the company’s stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $175.94, for a total transaction of $10,432,010.42. Following the transaction, the executive vice president now directly owns 258,690 shares of the company’s stock, valued at $45,513,918.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, insider Victor Peng sold 100,000 shares of the stock in a transaction dated Friday, February 2nd. The stock was sold at an average price of $175.11, for a total transaction of $17,511,000.00. Following the transaction, the insider now owns 241,266 shares of the company’s stock, valued at approximately $42,248,089.26. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Forrest Eugene Norrod sold 59,293 shares of the stock in a transaction dated Friday, February 2nd. The shares were sold at an average price of $175.94, for a total value of $10,432,010.42. Following the transaction, the executive vice president now directly owns 258,690 shares in the company, valued at approximately $45,513,918.60. The disclosure for this sale can be found here. Insiders have sold 341,143 shares of company stock valued at $62,580,844 over the last three months. Company insiders own 0.65% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Mizuho upped their price target on Advanced Micro Devices from $200.00 to $235.00 and gave the company a “buy” rating in a report on Thursday, March 7th. Morgan Stanley decreased their price objective on Advanced Micro Devices from $193.00 to $177.00 and set an “overweight” rating for the company in a report on Monday. Rosenblatt Securities reiterated a “buy” rating and issued a $200.00 price objective on shares of Advanced Micro Devices in a research report on Tuesday, January 30th. KeyCorp increased their price objective on Advanced Micro Devices from $195.00 to $270.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 31st. Finally, StockNews.com cut Advanced Micro Devices from a “hold” rating to a “sell” rating in a research report on Thursday, April 25th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and twenty-seven have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $184.68.

Advanced Micro Devices Stock Performance

NASDAQ:AMD traded down $1.82 during midday trading on Tuesday, reaching $158.38. 57,985,168 shares of the company traded hands, compared to its average volume of 72,251,242. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.51 and a quick ratio of 1.86. Advanced Micro Devices, Inc. has a twelve month low of $81.02 and a twelve month high of $227.30. The company has a fifty day moving average price of $177.19 and a 200 day moving average price of $151.21. The firm has a market capitalization of $255.96 billion, a price-to-earnings ratio of 309.89, a price-to-earnings-growth ratio of 2.39 and a beta of 1.64.

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, topping analysts’ consensus estimates of $0.60 by $0.02. Advanced Micro Devices had a return on equity of 5.73% and a net margin of 3.77%. The company had revenue of $5.47 billion for the quarter, compared to the consensus estimate of $5.48 billion. During the same quarter in the previous year, the business earned $0.43 EPS. The company’s quarterly revenue was up 2.2% compared to the same quarter last year. On average, analysts expect that Advanced Micro Devices, Inc. will post 2.64 EPS for the current fiscal year.

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.