Oliver Lagore Vanvalin Investment Group Buys 72 Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

Oliver Lagore Vanvalin Investment Group increased its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 36.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 271 shares of the semiconductor manufacturer’s stock after purchasing an additional 72 shares during the quarter. Oliver Lagore Vanvalin Investment Group’s holdings in Advanced Micro Devices were worth $40,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of AMD. Vanguard Group Inc. grew its position in Advanced Micro Devices by 0.8% in the 3rd quarter. Vanguard Group Inc. now owns 140,054,820 shares of the semiconductor manufacturer’s stock valued at $14,400,437,000 after acquiring an additional 1,153,611 shares during the last quarter. State Street Corp grew its position in Advanced Micro Devices by 1.7% in the 1st quarter. State Street Corp now owns 65,045,249 shares of the semiconductor manufacturer’s stock valued at $6,375,083,000 after acquiring an additional 1,112,077 shares during the last quarter. Norges Bank bought a new position in Advanced Micro Devices in the 4th quarter valued at $1,252,070,000. Northern Trust Corp grew its position in Advanced Micro Devices by 35.5% in the 1st quarter. Northern Trust Corp now owns 17,086,683 shares of the semiconductor manufacturer’s stock valued at $1,868,258,000 after acquiring an additional 4,475,368 shares during the last quarter. Finally, Barclays PLC grew its position in Advanced Micro Devices by 38.5% in the 2nd quarter. Barclays PLC now owns 8,916,462 shares of the semiconductor manufacturer’s stock valued at $1,015,677,000 after acquiring an additional 2,479,272 shares during the last quarter. Institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Trading Up 0.7 %

Shares of NASDAQ:AMD opened at $155.08 on Friday. Advanced Micro Devices, Inc. has a 52-week low of $81.02 and a 52-week high of $227.30. The stock has a market cap of $250.63 billion, a price-to-earnings ratio of 298.24, a PEG ratio of 2.35 and a beta of 1.64. The company has a quick ratio of 1.86, a current ratio of 2.51 and a debt-to-equity ratio of 0.03. The business has a 50-day moving average price of $180.16 and a 200-day moving average price of $148.28.

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

Insider Buying and Selling

In related news, EVP Mark D. Papermaster sold 16,200 shares of the firm’s stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $164.25, for a total transaction of $2,660,850.00. Following the sale, the executive vice president now directly owns 1,554,602 shares of the company’s stock, valued at $255,343,378.50. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In related news, EVP Mark D. Papermaster sold 16,200 shares of the firm’s stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $164.25, for a total transaction of $2,660,850.00. Following the sale, the executive vice president now directly owns 1,554,602 shares of the company’s stock, valued at $255,343,378.50. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Victor Peng sold 100,000 shares of the firm’s stock in a transaction dated Friday, February 2nd. The stock was sold at an average price of $175.11, for a total value of $17,511,000.00. Following the sale, the insider now directly owns 241,266 shares in the company, valued at $42,248,089.26. The disclosure for this sale can be found here. Insiders have sold a total of 341,143 shares of company stock valued at $62,580,844 over the last ninety days. Company insiders own 0.73% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on AMD. Raymond James downgraded Advanced Micro Devices from a “strong-buy” rating to an “outperform” rating and upped their price objective for the company from $190.00 to $195.00 in a research report on Tuesday, January 30th. Roth Mkm increased their price target 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. Wedbush reissued an “outperform” rating and set a $200.00 price target on shares of Advanced Micro Devices in a research report on Wednesday. Melius raised Advanced Micro Devices from a “hold” rating to a “buy” rating in a research report on Monday, January 8th. Finally, The Goldman Sachs Group increased their price target on Advanced Micro Devices from $157.00 to $180.00 and gave the stock a “buy” rating in a research report on Wednesday, January 31st. Four investment analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the stock. According to MarketBeat.com, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and an average target price of $185.59.

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.