Chicago Partners Investment Group LLC acquires 432 shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

According to the company’s latest report published before the Securities and Exchange Commission, Chicago Partners Investment Group LLC increased its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) up 1.4% in the fourth quarter. The institutional investor owned 32,253 shares of the semiconductor maker after acquiring an additional 432 shares during the period. Chicago Partners Investment Group LLC’s stake in Advanced Micro Devices was worth $4,754,000, according to a recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently increased or decreased their holdings in AMD. Bare Financial Services Inc bought a new stake in shares of Advanced Micro Devices during the 4th quarter worth approximately $29,000. MeadowBrook Investment Advisors LLC acquired a new stake in shares of Advanced Micro Devices during the 4th quarter worth approximately $29,000. In the fourth quarter, Gables Capital Management Inc. purchased new shares of Advanced Micro Devices worth approximately $29,000. Kathleen S. Wright Associates Inc. purchased a new stake in shares of Advanced Micro Devices during the fourth quarter worth approximately $30,000. Finally, Addison Advisors LLC increased its stake in shares of Advanced Micro Devices by 41.9% during the fourth quarter. Addison Advisors LLC now owns 210 shares of the semiconductor maker’s stock valued at $31,000 after purchasing an additional 62 shares in the last quarter. Currently, 71.34% of the shares are held by institutional investors.

Analyst Upgrades and Downgrades

AMD has been the subject of many research reports. KeyCorp lowered their target price on Advanced Micro Devices from $270.00 to $230.00 and set an “overperform” rating on the stock in a report on Wednesday, May 1st. Benchmark lowered their target price on Advanced Micro Devices from $245.00 to $200.00 and set a “buy” rating on the stock in a report on Thursday, May 2nd. Evercore ISI lowered their target price on Advanced Micro Devices from $200.00 to $193.00 and set an “outperform” rating on the stock in a report on Wednesday, May 1st. Rosenblatt Securities maintained a “buy” rating and set a $250.00 price target on shares of Advanced Micro Devices on Wednesday, May 1st. Finally, Citigroup lowered their target price on Advanced Micro Devices from $192.00 to $176.00 and gave the stock a “buy” rating in a report on Wednesday, May 1st. One investment analyst rated the company’s shares with a sell rating, three with a hold rating, and twenty-seven issued a buy rating. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $190.83.

Check out our latest stock analysis for advanced micro devices

Buying and selling confidential information at Advanced Micro Devices

In other Advanced Micro Devices news, Vice President Mark D. Papermaster sold 16,200 shares of the company’s stock in a transaction on Monday, April 15. The shares were sold at an average price of $164.25, for a total value of $2,660,850.00. Following the sale, the executive vice president now owns 1,554,602 shares of the company’s stock, valued at approximately $255,343,378.50. The sale was disclosed in a document filed with the SEC, which is available on the SEC’s website. Company insiders own 0.73% of the company’s shares.

Advanced prices for micro devices

Advanced Micro Devices stock closed at $159.63 on Friday. The stock’s fifty-day moving average price is $159.73 and its two-hundred-day moving average price is $162.67. Advanced Micro Devices, Inc. it has a 1-year low of $93.11 and a 1-year high of $227.30. The company has a debt to equity ratio of 0.03, a current ratio of 2.64 and a quick ratio of 1.92. The company has a market capitalization of $258.01 billion, a PE ratio of 234.75, a price-to-earnings growth ratio of 1.84 and a beta of 1.69.

Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last released its quarterly earnings data on Tuesday, April 30th. The semiconductor maker reported EPS of $0.62 for the quarter, which was $0.01 ahead of analyst consensus estimates of $0.61. Advanced Micro Devices had a return on equity of 5.72% and a net margin of 4.89%. The company’s revenue for the quarter was $5.47 billion, compared to analyst estimates of $5.48 billion. During the same quarter last year, the company earned $0.43 EPS. The company’s revenues increased by 2.2% year-on-year. Analysts expect that as a group, Advanced Micro Devices, Inc. it will achieve 2.61 EPS for the current financial year.

Advanced microdevice profile

(free report)

Advanced Micro Devices, Inc operates as a semiconductor manufacturing company worldwide. It operates in the Data Center, Client, Gaming and Embedded segments. The company offers x86 microprocessors and graphics processing units (GPUs) as accelerated processing units, chipsets, data center and professional graphics processors; and embedded processors, semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technologies, data processing units, field-programmable gate arrays (FPGAs), and adaptive SoC products.

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