Capital Asset Advisory Services LLC increases its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Capital Asset Advisory Services LLC increased its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report ) by 6.8% in the 1st quarter, according to the company’s latest Form 13F filing with the Securities and Exchange Commission. The institutional investor now holds 4,400 shares of the semiconductor maker’s stock after purchasing an additional 281 shares during the period. Capital Asset Advisory Services LLC’s stake in Advanced Micro Devices was worth $750,000, according to the company’s latest filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings in the company. Fifth Third Wealth Advisors LLC increased its holdings in shares of Advanced Micro Devices by 23.7% in the first quarter. Fifth Third Wealth Advisors LLC now owns 13,694 shares of the semiconductor maker’s stock worth $2,472,000 after purchasing an additional 2,624 shares in the last quarter. Harbor Group Inc. increased its position in Advanced Micro Devices by 2.5% in the first quarter. Harbor Group Inc. now owns 3,109 shares of the semiconductor maker’s stock worth $561,000 after purchasing an additional 75 shares in the last quarter. 180 Wealth Advisors LLC increased its position in Advanced Micro Devices by 9.3% in the first quarter. 180 Wealth Advisors LLC now owns 3,597 shares of the semiconductor maker’s stock worth $649,000 after purchasing an additional 306 shares in the last quarter. Thrive Wealth Management LLC increased its position in Advanced Micro Devices by 6.0% during the first quarter. Thrive Wealth Management LLC now owns 1,475 shares of the semiconductor maker’s stock valued at $266,000 after purchasing an additional 83 shares during the last quarter. Finally, Hurlow Wealth Management Group Inc. acquired a new stake in Advanced Micro Devices during the first quarter valued at approximately $214,000. Hedge funds and other institutional investors own 71.34% of the shares.

Analysts set new target prices

Several equity analysts recently issued reports on AMD stock. Evercore ISI lowered their target price on shares of Advanced Micro Devices from $200.00 to $193.00 and set an outperform rating for the company in a research report on Wednesday, May 1st. TD Cowen increased their price target on shares of Advanced Micro Devices from $185.00 to $200.00 and gave the stock a “buy” rating in a research report on Thursday, April 18th. UBS Group lowered their target price on shares of Advanced Micro Devices from $205.00 to $200.00 and set a “buy” rating for the company in a research report on Wednesday, May 1st. HSBC raised their price target on shares of Advanced Micro Devices from a “hold” rating to a “buy” rating and increased their price target for the company from $180.00 to $225.00 in a research report on Tuesday, April 16th. Finally, Mizuho lowered their target price on shares of Advanced Micro Devices from $235.00 to $215.00 and set a “buy” rating for the company in a research report on Wednesday, May 1st. One analyst has rated the stock with a sell rating, three have rated the stock with a hold rating and twenty-seven have rated the stock with a buy rating. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $190.83.

Get our latest Advanced Micro Devices Stock Report

Advanced Micro Devices Shares Up 1.7%

Advanced Micro Devices shares opened Friday at $162.21. Advanced Micro Devices, Inc. it has a 52-week low of $93.11 and a 52-week high of $227.30. The company’s 50-day moving average is $159.12 and its 200-day moving average is $164.86. The company has a current ratio of 1.92, a current ratio of 2.64 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $262.18 billion, a P/E ratio of 238.55, a P/E/G ratio of 1.82 and a beta of 1.69.

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

Internal Transactions at Advanced Micro Devices

In other news, EVP Mark D. Papermaster sold 16,200 shares of the company’s stock in a transaction that occurred on Friday, June 14th. The shares were sold at an average price of $158.94, bringing the total transaction amount to $2,574,828.00. Following the completion of the sale, the executive vice president now owns 1,546,227 shares of the company’s stock, valued at approximately $245,757,319.38. The sale was disclosed in legal documents filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.73% of the company’s shares.

Advanced Micro Devices company 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 microprocessors and x86 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.

Analysts set new target prices

Advanced Micro Devices Shares Up 1.7%

Internal Transactions at Advanced Micro Devices

Advanced Micro Devices company profile

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