Knights of Columbus Asset Advisors LLC Has $13.37 Million Stock Holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Knights of Columbus Asset Advisors LLC increased its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 2.2% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 90,707 shares of the semiconductor manufacturer’s stock after purchasing an additional 1,992 shares during the period. Advanced Micro Devices makes up approximately 0.9% of Knights of Columbus Asset Advisors LLC’s holdings, making the stock its 12th largest position. Knights of Columbus Asset Advisors LLC’s holdings in Advanced Micro Devices were worth $13,371,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in AMD. Peoples Bank KS acquired a new position in shares of Advanced Micro Devices during the 3rd quarter worth about $26,000. Spartan Planning & Wealth Management acquired a new position in shares of Advanced Micro Devices during the 3rd quarter worth about $27,000. Castleview Partners LLC lifted its position in shares of Advanced Micro Devices by 62.5% during the 2nd quarter. Castleview Partners LLC now owns 234 shares of the semiconductor manufacturer’s stock worth $27,000 after purchasing an additional 90 shares during the last quarter. Gables Capital Management Inc. acquired a new position in shares of Advanced Micro Devices during the 4th quarter worth about $29,000. Finally, Raleigh Capital Management Inc. lifted its position in shares of Advanced Micro Devices by 54.8% during the 3rd quarter. Raleigh Capital Management Inc. now owns 308 shares of the semiconductor manufacturer’s stock worth $32,000 after purchasing an additional 109 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Advanced Micro Devices Price Performance

NASDAQ AMD traded down $5.99 during trading hours on Friday, reaching $149.09. 41,836,946 shares of the company’s stock were exchanged, compared to its average volume of 74,219,078. The stock has a market cap of $240.95 billion, a PE ratio of 291.97, a price-to-earnings-growth ratio of 2.35 and a beta of 1.64. Advanced Micro Devices, Inc. has a one year low of $81.02 and a one year high of $227.30. The firm has a fifty day moving average of $180.16 and a 200-day moving average of $148.28. The company has a current ratio of 2.51, a quick ratio of 1.86 and a debt-to-equity ratio of 0.03.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings data on Tuesday, January 30th. The semiconductor manufacturer reported $0.77 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.77. Advanced Micro Devices had a return on equity of 5.73% and a net margin of 3.77%. The firm had revenue of $6.17 billion for the quarter, compared to the consensus estimate of $6.13 billion. During the same quarter in the prior year, the business earned $0.54 EPS. The business’s revenue for the quarter was up 10.2% compared to the same quarter last year. On average, equities research analysts predict that Advanced Micro Devices, Inc. will post 2.63 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently weighed in on AMD shares. Roth Mkm boosted their price objective on Advanced Micro Devices from $125.00 to $190.00 and gave the stock a “buy” rating in a research report on Wednesday, January 31st. Northland Securities upgraded Advanced Micro Devices from a “market perform” rating to an “outperform” rating and set a $195.00 price target on the stock in a research note on Wednesday, January 31st. New Street Research upgraded Advanced Micro Devices from a “neutral” rating to a “buy” rating and set a $215.00 price target on the stock in a research note on Wednesday, January 24th. Melius Research upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $188.00 price target on the stock in a research note on Monday, January 8th. Finally, Morgan Stanley boosted their price target on Advanced Micro Devices from $128.00 to $193.00 and gave the company an “overweight” rating in a research note on Monday, January 29th. Four equities research analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Advanced Micro Devices has a consensus rating of “Moderate Buy” and a consensus target price of $185.59.

Insiders Place Their Bets

In other Advanced Micro Devices news, insider Victor Peng sold 100,000 shares of the company’s stock in a transaction on 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other news, EVP Forrest Eugene Norrod sold 59,293 shares of the stock in a transaction on Friday, February 2nd. The stock was 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 owns 258,690 shares of the company’s stock, valued at approximately $45,513,918.60. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Victor Peng sold 100,000 shares of the stock in a transaction on Friday, February 2nd. The shares were sold at an average price of $175.11, for a total value of $17,511,000.00. Following the completion of the transaction, the insider now directly owns 241,266 shares in the company, valued at approximately $42,248,089.26. The disclosure for this sale can be found here. In the last quarter, insiders have sold 341,143 shares of company stock valued at $62,580,844. 0.73% of the stock is currently owned by corporate insiders.

About Advanced Micro Devices

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.