WINTON GROUP Ltd Has $316,000 Holdings in Advanced Micro Devices, Inc. (AMD)

WINTON GROUP Ltd decreased its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 41.2% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,234 shares of the semiconductor manufacturer’s stock after selling 7,166 shares during the period. WINTON GROUP Ltd’s holdings in Advanced Micro Devices were worth $316,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in AMD. MinichMacGregor Wealth Management LLC boosted its holdings in Advanced Micro Devices by 257.7% in the third quarter. MinichMacGregor Wealth Management LLC now owns 3,219 shares of the semiconductor manufacturer’s stock worth $101,000 after purchasing an additional 2,319 shares during the last quarter. Valeo Financial Advisors LLC boosted its holdings in Advanced Micro Devices by 953.4% in the second quarter. Valeo Financial Advisors LLC now owns 6,847 shares of the semiconductor manufacturer’s stock worth $135,000 after purchasing an additional 6,197 shares during the last quarter. Piedmont Investment Advisors LLC purchased a new stake in Advanced Micro Devices in the second quarter worth approximately $140,000. WealthTrust Axiom LLC purchased a new stake in Advanced Micro Devices in the second quarter worth approximately $149,000. Finally, Wealthsource Partners LLC purchased a new stake in Advanced Micro Devices in the second quarter worth approximately $151,000. 64.24% of the stock is owned by institutional investors and hedge funds.

Shares of AMD stock opened at $18.73 on Thursday. The firm has a market cap of $19.20 billion, a PE ratio of 234.13, a PEG ratio of 3.95 and a beta of 3.64. Advanced Micro Devices, Inc. has a one year low of $9.04 and a one year high of $34.14. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.37 and a current ratio of 1.76.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Wednesday, October 24th. The semiconductor manufacturer reported $0.13 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.12 by $0.01. The firm had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.71 billion. Advanced Micro Devices had a net margin of 5.51% and a return on equity of 47.21%. The company’s revenue was up 4.4% on a year-over-year basis. During the same period last year, the firm earned $0.10 EPS. On average, equities analysts forecast that Advanced Micro Devices, Inc. will post 0.35 EPS for the current fiscal year.

Several brokerages recently issued reports on AMD. Robert W. Baird dropped their target price on shares of Advanced Micro Devices from $28.00 to $25.00 and set a “neutral” rating on the stock in a report on Thursday, October 25th. BidaskClub upgraded shares of Advanced Micro Devices from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, August 15th. Royal Bank of Canada started coverage on shares of Advanced Micro Devices in a research report on Monday, September 24th. They issued an “outperform” rating and a $40.00 price target on the stock. JPMorgan Chase & Co. increased their price target on shares of Advanced Micro Devices to $18.00 and gave the stock a “neutral” rating in a research report on Friday, October 26th. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $30.00 price target (up from $27.00) on shares of Advanced Micro Devices in a research report on Thursday, August 23rd. Two investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $23.65.

In other Advanced Micro Devices news, SVP Harry A. Wolin sold 391,046 shares of Advanced Micro Devices stock in a transaction on Wednesday, August 29th. The shares were sold at an average price of $24.75, for a total value of $9,678,388.50. Following the sale, the senior vice president now directly owns 1,517,922 shares in the company, valued at approximately $37,568,569.50. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Devinder Kumar sold 32,829 shares of Advanced Micro Devices stock in a transaction on Wednesday, August 29th. The shares were sold at an average price of $24.42, for a total transaction of $801,684.18. Following the completion of the sale, the chief financial officer now owns 697,643 shares in the company, valued at $17,036,442.06. The disclosure for this sale can be found here. Insiders have sold a total of 1,162,552 shares of company stock worth $29,106,632 over the last 90 days. Insiders own 1.80% of the company’s stock.

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About Advanced Micro Devices

Advanced Micro Devices, Inc operates as a semiconductor company worldwide. It operates in two segments, Computing and Graphics; and Enterprise, Embedded and Semi-Custom. The company's products include x86 microprocessors as an accelerated processing unit (APU), chipsets, discrete and integrated graphics processing units (GPUs), and professional GPUs; and server and embedded processors, and semi-custom System-on-Chip (SoC) products and technology for game consoles.

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Institutional Ownership by Quarter for Advanced Micro Devices (NASDAQ:AMD)

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