Advanced Micro Devices, Inc. (NASDAQ:AMD) Share position increased by Gordian Capital Singapore Pte Ltd

Gordian Capital Singapore Pte Ltd has increased its stake in Advanced Micro Devices, Inc., according to its latest 13F filing with the Securities and Exchange Commission. (NASDAQ:AMD – Free Report) up 77.4% in the fourth quarter. The institutional investor owned 49,093 shares of the semiconductor maker after purchasing an additional 21,417 shares during the period. Advanced Micro Devices owns approximately 6.5% of Gordian Capital Singapore Pte Ltd, making it the fourth-largest. At the end of the last quarter, Gordian Capital Singapore Pte Ltd’s stake in Advanced Micro Devices was worth USD 7,237,000.

Several other institutional investors and hedge funds have also made changes to their industry stance. Addison Advisors LLC increased its holdings in 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. Schear Investment Advisers LLC increased its holdings in shares of Advanced Micro Devices by 0.4% during the fourth quarter. Schear Investment Advisers LLC now owns 15,762 shares of the semiconductor maker’s stock valued at $2,323,000 after acquiring an additional 64 shares in the last quarter. Fiduciary Group LLC increased its holdings in shares of Advanced Micro Devices by 2.7% during the 4th quarter. Fiduciary Group LLC now owns 2,516 shares of the semiconductor maker’s stock valued at $371,000 after acquiring an additional 65 shares in the last quarter. Checchi Capital Advisers LLC increased its position in Advanced Micro Devices by 0.6% during the fourth quarter. Checchi Capital Advisers LLC now owns 10,585 shares of the semiconductor maker’s stock valued at $1,560,000 after purchasing an additional 66 shares in the last quarter. Finally, in the fourth quarter, EWA LLC increased its holdings in shares of Advanced Micro Devices by 4.0%. EWA LLC now owns 1,826 shares of the semiconductor maker’s stock valued at $269,000 after acquiring an additional 70 shares in the last quarter. 71.34% of the shares are currently owned by hedge funds and other institutional investors.

Confidential activity

In other news, VP Mark D. Papermaster sold 16,200 shares of Advanced Micro Devices stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $164.25, for a total transaction amount 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 $255,343,378.50. The transaction was disclosed in a filing with the SEC, which can be accessed at this link. Corporate insiders own 0.73% of the company’s shares.

Advanced micro device inventory performance

NASDAQ AMD shares opened on Friday at $159.63. The company has a quick ratio of 1.92, a current ratio of 2.64 and a debt to equity ratio of 0.03. The company’s 50-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 52-week low of $93.11 and a 52-week high of $227.30. The market capitalization of the company’s stock is $258.01 billion, the P/E ratio is 234.75, the P/E/G ratio is 1.84 and the beta is 1.69.

Advanced Micro Devices (NASDAQ:AMD – Get Free Report) released its quarterly earnings results on Tuesday, April 30th. The semiconductor maker reported earnings per share of $0.62 for the quarter, $0.01 above the analyst consensus of $0.61. The company’s revenue for the quarter was $5.47 billion, compared to analyst expectations of $5.48 billion. 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 increased 2.2% compared to the same quarter last year. In the same quarter last year, the company reported earnings per share of $0.43. As a group, sell-side analysts forecast that Advanced Micro Devices, Inc. will report 2.61 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently published reports on the company. 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. Susquehanna increased their price target on Advanced Micro Devices from $185.00 to $200.00 and gave the company a “positive” rating in a report on Monday, June 10. On Monday, May 13, Jefferies Financial Group presented a report on Advanced Micro Devices. They issued a “buy” rating and a $190.00 price target for the company. In Saturday’s report, StockNews.com downgraded Advanced Micro Devices from “hold” to “sell.” Finally, HSBC upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating and raised their price target for the company from $180.00 to $225.00 in a research note on Tuesday, April 16th. One investment analyst rated the company with a sell rating, three with a hold rating, and twenty-seven gave the company a buy rating. According to MarketBeat.com, the consensus rating for the company’s stock is “Moderate Buy” and the average price target is $190.83.

Check out our latest analysis for Advanced Micro Devices

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 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.

Confidential activity

Advanced micro device inventory performance

Analyst Upgrades and Downgrades

Advanced Micro Devices company profile

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