Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares Purchased by Nwam LLC

Nwam LLC increased its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 9.7% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,749 shares of the semiconductor manufacturer’s stock after purchasing an additional 775 shares during the quarter. Nwam LLC’s holdings in Advanced Micro Devices were worth $266,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Tyers Asset Management LLC increased its position in shares of Advanced Micro Devices by 1.8% in the first quarter. Tyers Asset Management LLC now owns 22,000 shares of the semiconductor manufacturer’s stock valued at $561,000 after buying an additional 384 shares in the last quarter. Louisiana State Employees Retirement System boosted its stake in shares of Advanced Micro Devices by 0.9% in the first quarter. Louisiana State Employees Retirement System now owns 46,500 shares of the semiconductor manufacturer’s stock worth $1,187,000 after acquiring an additional 400 shares during the last quarter. Berman Capital Advisors LLC boosted its stake in shares of Advanced Micro Devices by 99.4% in the first quarter. Berman Capital Advisors LLC now owns 1,077 shares of the semiconductor manufacturer’s stock worth $27,000 after acquiring an additional 537 shares during the last quarter. Centaurus Financial Inc. boosted its stake in shares of Advanced Micro Devices by 32.3% in the first quarter. Centaurus Financial Inc. now owns 2,295 shares of the semiconductor manufacturer’s stock worth $90,000 after acquiring an additional 560 shares during the last quarter. Finally, Peddock Capital Advisors LLC boosted its stake in shares of Advanced Micro Devices by 151.5% in the first quarter. Peddock Capital Advisors LLC now owns 1,021 shares of the semiconductor manufacturer’s stock worth $26,000 after acquiring an additional 615 shares during the last quarter. 60.98% of the stock is owned by hedge funds and other institutional investors.

In other news, CEO Lisa T. Su sold 250,000 shares of the firm’s stock in a transaction on Tuesday, May 7th. The stock was sold at an average price of $26.75, for a total transaction of $6,687,500.00. Following the sale, the chief executive officer now owns 2,511,264 shares in the company, valued at $67,176,312. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Mark D. Papermaster sold 30,000 shares of the firm’s stock in a transaction on Monday, July 15th. The stock was sold at an average price of $33.34, for a total value of $1,000,200.00. Following the sale, the insider now owns 1,329,588 shares in the company, valued at approximately $44,328,463.92. The disclosure for this sale can be found here. Insiders have sold 983,066 shares of company stock valued at $29,226,896 in the last three months. 1.50% of the stock is currently owned by company insiders.

Advanced Micro Devices stock traded down $2.78 during mid-day trading on Wednesday, hitting $31.09. 52,387,783 shares of the company were exchanged, compared to its average volume of 45,925,400. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.08 and a quick ratio of 1.54. The firm has a 50 day moving average price of $31.84. The firm has a market cap of $36.80 billion, a P/E ratio of 88.84, a P/E/G ratio of 2.06 and a beta of 3.08. Advanced Micro Devices, Inc. has a 12-month low of $16.03 and a 12-month high of $34.86.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings results on Tuesday, July 30th. The semiconductor manufacturer reported $0.08 earnings per share for the quarter, hitting the consensus estimate of $0.08. The company had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.52 billion. Advanced Micro Devices had a return on equity of 25.23% and a net margin of 4.46%. Advanced Micro Devices’s revenue was down 12.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.14 earnings per share. Analysts forecast that Advanced Micro Devices, Inc. will post 0.54 EPS for the current year.

A number of analysts have recently issued reports on the company. Barclays lifted their price target on Shopify from $155.00 to $225.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 1st. Mizuho lowered Advanced Micro Devices from a “buy” rating to a “neutral” rating and boosted their price objective for the stock from $33.00 to $37.00 in a research note on Thursday, July 18th. They noted that the move was a valuation call. Wedbush upped their price target on Zscaler from $87.00 to $90.00 and gave the company an “outperform” rating in a research note on Wednesday, July 24th. ValuEngine raised XCel Brands from a “sell” rating to a “hold” rating in a research note on Tuesday, July 9th. Finally, Credit Suisse Group reiterated an “outperform” rating and issued a $145.00 price objective (down previously from $158.00) on shares of Ralph Lauren in a report on Wednesday. One analyst has rated the stock with a sell rating, sixteen have given a hold rating and fourteen have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $31.52.

About Advanced Micro Devices

Advanced Micro Devices, Inc operates as a semiconductor company worldwide. The company operates in two segments, Computing and Graphics; and Enterprise, Embedded and Semi-Custom. Its 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.

Further Reading: Certificate of Deposit (CD)

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

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