Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares Bought by Mather Group LLC.

Mather Group LLC. boosted its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 1.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,028 shares of the semiconductor manufacturer’s stock after purchasing an additional 141 shares during the period. Mather Group LLC.’s holdings in Advanced Micro Devices were worth $1,478,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Peoples Bank KS purchased a new position in Advanced Micro Devices in the third quarter worth approximately $26,000. Spartan Planning & Wealth Management acquired a new stake in shares of Advanced Micro Devices during the 3rd quarter worth about $27,000. Gables Capital Management Inc. purchased a new stake in Advanced Micro Devices in the 4th quarter valued at about $29,000. Kathleen S. Wright Associates Inc. acquired a new position in Advanced Micro Devices in the fourth quarter valued at about $30,000. Finally, Addison Advisors LLC lifted its position in Advanced Micro Devices by 41.9% in the fourth quarter. Addison Advisors LLC now owns 210 shares of the semiconductor manufacturer’s stock valued at $31,000 after buying an additional 62 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Victor Peng sold 100,000 shares of the stock in a transaction that occurred 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 sale, the insider now directly owns 241,266 shares in the company, valued at $42,248,089.26. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Advanced Micro Devices news, CEO Lisa T. Su sold 125,000 shares of the firm’s stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $195.13, for a total transaction of $24,391,250.00. Following the sale, the chief executive officer now directly owns 3,222,230 shares of the company’s stock, valued at approximately $628,753,739.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Victor Peng sold 100,000 shares of the company’s stock in a transaction that occurred on Friday, February 2nd. The shares were 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 in the company, valued at approximately $42,248,089.26. The disclosure for this sale can be found here. Insiders sold a total of 341,143 shares of company stock worth $62,580,844 over the last 90 days. 0.65% of the stock is currently owned by corporate insiders.

Advanced Micro Devices Stock Performance

Shares of AMD opened at $160.20 on Tuesday. The company has a market capitalization of $258.91 billion, a PE ratio of 308.08, a P/E/G ratio of 2.39 and a beta of 1.64. Advanced Micro Devices, Inc. has a 52-week low of $81.02 and a 52-week high of $227.30. The company has a 50-day simple moving average of $177.19 and a 200-day simple moving average of $151.21. The company has a quick ratio of 1.86, a current ratio of 2.51 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 the consensus estimate of $0.77. The firm had revenue of $6.17 billion during the quarter, compared to analysts’ expectations 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 was up 10.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.54 earnings per share. Equities research analysts predict that Advanced Micro Devices, Inc. will post 2.64 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Melius raised shares of Advanced Micro Devices from a “hold” rating to a “buy” rating in a research note on Monday, January 8th. Evercore ISI began coverage on Advanced Micro Devices in a research report on Tuesday, April 16th. They issued an “outperform” rating and a $200.00 target price on the stock. Cantor Fitzgerald restated an “overweight” rating and set a $190.00 price target on shares of Advanced Micro Devices in a research report on Monday, March 4th. Citigroup boosted their price objective on Advanced Micro Devices from $136.00 to $192.00 and gave the company a “buy” rating in a report on Wednesday, January 31st. Finally, Barclays raised their target price on Advanced Micro Devices from $200.00 to $235.00 and gave the company an “overweight” rating in a report on Monday, March 4th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $184.68.

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.