Bank of New Hampshire Purchases 105 Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

Bank of New Hampshire increased its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 13.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 885 shares of the semiconductor manufacturer’s stock after purchasing an additional 105 shares during the quarter. Bank of New Hampshire’s holdings in Advanced Micro Devices were worth $130,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AMD. Peoples Bank KS bought a new stake in shares of Advanced Micro Devices during the third quarter worth $26,000. Spartan Planning & Wealth Management acquired a new position in shares of Advanced Micro Devices during the third quarter valued at $27,000. Gables Capital Management Inc. acquired a new position in shares of Advanced Micro Devices during the fourth quarter valued at $29,000. Kathleen S. Wright Associates Inc. acquired a new position in shares of Advanced Micro Devices during the fourth quarter valued at $30,000. Finally, Raleigh Capital Management Inc. lifted its stake in shares of Advanced Micro Devices by 54.8% during the third quarter. Raleigh Capital Management Inc. now owns 308 shares of the semiconductor manufacturer’s stock valued at $32,000 after acquiring an additional 109 shares during the period. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Advanced Micro Devices Stock Performance

Shares of AMD stock traded up $2.02 during trading on Thursday, hitting $153.76. The company’s stock had a trading volume of 40,662,837 shares, compared to its average volume of 73,148,352. The business has a fifty day moving average of $178.25 and a 200-day moving average of $149.89. Advanced Micro Devices, Inc. has a 52 week low of $81.02 and a 52 week high of $227.30. The company has a market cap of $248.50 billion, a PE ratio of 292.93, a P/E/G ratio of 2.32 and a beta of 1.64. 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 issued its quarterly earnings data on Tuesday, January 30th. The semiconductor manufacturer reported $0.77 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.77. Advanced Micro Devices had a return on equity of 5.73% and a net margin of 3.77%. The company had revenue of $6.17 billion for the quarter, compared to the consensus estimate of $6.13 billion. During the same quarter last year, the business posted $0.54 earnings per share. The firm’s revenue was up 10.2% compared to the same quarter last year. As a group, research analysts anticipate that Advanced Micro Devices, Inc. will post 2.64 earnings per share for the current year.

Insider Buying and Selling at Advanced Micro Devices

In other news, 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 transaction of $17,511,000.00. Following the transaction, the insider now directly owns 241,266 shares of the company’s stock, valued at $42,248,089.26. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, EVP Mark D. Papermaster sold 16,200 shares of the firm’s stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $177.57, for a total value of $2,876,634.00. Following the sale, the executive vice president now directly owns 1,554,602 shares of the company’s stock, valued at $276,050,677.14. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 completion of 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 341,143 shares of company stock worth $62,580,844 over the last 90 days. Corporate insiders own 0.73% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. TD Cowen raised their price target on Advanced Micro Devices from $185.00 to $200.00 and gave the stock a “buy” rating in a research report on Thursday, April 18th. Melius Research raised Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $188.00 price target on the stock in a research report on Monday, January 8th. Evercore ISI assumed coverage on Advanced Micro Devices in a report on Tuesday, April 16th. They set an “outperform” rating and a $200.00 price objective for the company. Wedbush reiterated an “outperform” rating and set a $200.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, April 17th. Finally, Citigroup raised their price target on Advanced Micro Devices from $136.00 to $192.00 and gave the company a “buy” rating in a research note on Wednesday, January 31st. Four research analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target 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.