Willner & Heller LLC invests $869,000 in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Willner & Heller LLC has acquired a new position in shares of Advanced Micro Devices, Inc., according to its latest 13F filing with the Securities and Exchange Commission. (NASDAQ:AMD – Free Report) in the fourth quarter. The fund purchased 5,893 shares of the semiconductor maker worth approximately $869,000.

Several other large investors also modified their holdings in the company. Norges Bank acquired a new position in Advanced Micro Devices during the fourth quarter worth approximately $3,426,529,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its holdings in Advanced Micro Devices by 813.3% in the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 4,647,457 shares of the semiconductor maker’s stock valued at $685,089,000 after acquiring an additional 4,138,612 shares during the period. International Assets Investment Management LLC increased its holdings in Advanced Micro Devices by 15,896.5% during the 4th quarter. International Assets Investment Management LLC now owns 3,737,433 shares of the semiconductor maker’s stock valued at $550,935,000 after acquiring an additional 3,714,069 shares during the period. Capital World Investors increased its holdings in Advanced Micro Devices by 176.9% during the fourth quarter. Capital World Investors now owns 4,668,542 shares of the semiconductor maker’s stock valued at $688,190,000 after acquiring an additional 2,982,704 shares during the period. Finally, in the fourth quarter, Price T Rowe Associates Inc. MD increased its stake in Advanced Micro Devices by 10.2%. 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 acquiring an additional 2,553,392 shares during the period. Hedge funds and other institutional investors hold 71.34% of the company’s shares.

Wall Street analysts predict growth

Several research analysts have recently commented on AMD stock. Susquehanna raised their target price on Advanced Micro Devices from $185.00 to $200.00 and gave the stock a “positive” rating in a research note on Monday, June 10. On Saturday, in a research note, StockNews.com lowered its recommendation for Advanced Micro Devices from “hold” to “sell”. HSBC upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating and increased their price target for the stock from $180.00 to $225.00 on Tuesday, April 16. TD Cowen increased their target price on Advanced Micro Devices from $185.00 to $200.00 and gave the stock a “buy” rating in a research note on Thursday, April 18th. Finally, UBS Group lowered their target price on Advanced Micro Devices from $205.00 to $200.00 and gave the stock a “buy” rating in a research note on Wednesday, May 1st. One investment analyst rated the company’s shares with a sell rating, three with a hold rating, and twenty-seven gave a buy rating. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $190.83.

Check out our latest research report on AMD

Advanced storage efficiency of micro devices

On Monday, AMD shares closed at $159.63. The stock has a 50-day simple moving average of $159.73 and a 200-day simple moving average of $162.94. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.92 and a current ratio of 2.64. The stock has a market capitalization of $258.01 billion, a PE ratio of 234.75, a PEG ratio of 1.85 and a beta of 1.69. Advanced Micro Devices, Inc. it has a 1-year low of $93.11 and a 1-year high of $227.30.

Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last released its quarterly earnings data on Tuesday, April 30th. The semiconductor maker reported $0.62 earnings per share (EPS) for the quarter, $0.01 above the consensus estimate of $0.61. The company had revenue of $5.47 billion for the quarter, 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 quarterly revenues increased by 2.2% compared to the same quarter last year. During the same quarter last year, the company saw an EPS of $0.43. On average, analysts predict that Advanced Micro Devices, Inc. will report 2.61 earnings per share for the current financial year.

Buying and selling confidential information

In related news, Vice President Mark D. Papermaster sold 16,200 shares of the company’s 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 completion of 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 document filed with the SEC, which is available on the SEC’s website. 0.65% of the shares are owned by company insiders.

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.

read more

Get advanced micro devices news and ratings every day – Enter your email address below to receive a daily concise summary of the latest news and analyst ratings for Advanced Micro Devices and related companies with MarketBeat.com’s FREE daily email newsletter.