LVW Advisors LLC has a $320,000 stake in Advanced Micro Devices, Inc. (NASDAQ:AMD)

LVW Advisors LLC increased its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD – free report) by 20.2% in the first quarter, according to its latest filing with the Securities and Exchange Commission. The company now owns 1,771 shares of the semiconductor maker after purchasing an additional 298 shares during the period. LVW Advisors LLC’s stake in Advanced Micro Devices was worth $320,000, according to its latest filing with the Securities and Exchange Commission.

Many other institutional investors and hedge funds have also recently increased or decreased their stakes in AMD. Vanguard Group Inc. increased its holdings in shares of Advanced Micro Devices by 1.7% in the 4th quarter. Vanguard Group Inc. now owns 142,445,378 shares of the semiconductor maker’s stock valued at $20,997,873,000 after purchasing an additional 2,390,558 shares during the period. Fisher Asset Management LLC increased its holdings in shares of Advanced Micro Devices by 2.2% in the 4th quarter. Fisher Asset Management LLC now owns 28,368,826 shares of the semiconductor maker’s stock valued at $4,181,849,000 after purchasing an additional 600,638 shares during the period. Price T Rowe Associates Inc. MD increased its holdings in shares of Advanced Micro Devices by 10.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 27,675,684 shares of the semiconductor maker’s stock valued at $4,079,674,000 after purchasing an additional 2,553,392 shares during the period. Jennison Associates LLC increased its holdings in shares of Advanced Micro Devices by 5.9% in the 4th quarter. Jennison Associates LLC now owns 26,886,280 shares of the semiconductor maker’s stock worth $3,963,307,000 after purchasing an additional 1,490,997 shares during the period. Finally, Norges Bank bought a new position in Advanced Micro Devices in the 4th quarter valued at approximately $3,426,529,000. 71.34% of the shares are owned by institutional investors and hedge funds.

Advanced storage efficiency for micro devices

Advanced Micro Devices shares opened on Monday at $162.21. Advanced Micro Devices, Inc. it has a yearly low of $93.11 and a yearly high of $227.30. The company has a market capitalization of $262.18 billion, a price-to-earnings ratio of 238.55, a PEG ratio of 1.87 and a beta of 1.69. The company has a 50-day simple moving average of $159.12 and a 200-day simple moving average of $165.24. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.64 and a current ratio of 1.92.

Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last released its quarterly earnings results on Tuesday, April 30th. The semiconductor maker reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.01. Advanced Micro Devices had a return on equity of 5.72% and a net margin of 4.89%. 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 EPS. The company’s quarterly revenue increased 2.2% year-over-year. Research analysts predict that Advanced Micro Devices, Inc. will report an average of 2.61 earnings per share in the current fiscal year.

Internal Activity at Advanced Micro Devices

In related news, Vice President Mark D. Papermaster sold 16,200 shares of the company’s stock in a transaction that occurred on Friday, June 14. The shares were sold at an average price of $158.94, for a total value of $2,574,828.00. Following the transaction, the Executive Vice President now owns 1,546,227 shares of the company’s stock, valued at $245,757,319.38. The transaction was disclosed in a document filed with the SEC, which is available on the SEC’s website. 0.65% of the stock is owned by company insiders.

Wall Street analysts predict growth

AMD has been the subject of several research analyst reports. Cantor Fitzgerald lowered their price target on shares of Advanced Micro Devices from $190.00 to $170.00 and set an “overweight” rating on the stock in a report on Wednesday, May 1. Mizuho lowered their price target on shares of Advanced Micro Devices from $235.00 to $215.00 and set a “buy” rating on the stock in a report on Wednesday, May 1. HSBC raised their rating on shares of Advanced Micro Devices from a “hold” to a “buy” and increased their price target on the stock from $180.00 to $225.00 in a research report on Tuesday, April 16. Rosenblatt Securities reaffirmed a “buy” rating and set a $250.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, May 1. Finally, Susquehanna raised their price target on shares of Advanced Micro Devices from $185.00 to $200.00 and gave the stock a “positive” rating in a research report on Monday, June 10. One investment analyst rated the stock a “sell,” three gave a “hold” rating, and twenty-seven gave the company a “buy” rating. According to MarketBeat, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and an average price target of $190.83.

Read our latest research report on advanced micro devices

Advanced Micro Device Profile

(Free report)

Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. It operates through the Data Center, Client, Gaming and Embedded segments. The company offers x86 microprocessors and graphics processing units (GPUs) as accelerated processing units, chipsets, data centers and professional GPUs; and embedded processors, as well as 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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