Advanced Micro Devices, Inc. (NASDAQ:AMD) Holdings Raised by St. Johns Investment Management Company LLC

St. Johns Investment Management Company LLC grew its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 82.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,466 shares of the semiconductor manufacturer’s stock after purchasing an additional 2,478 shares during the quarter. St. Johns Investment Management Company LLC’s holdings in Advanced Micro Devices were worth $987,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. G&S Capital LLC bought a new position in shares of Advanced Micro Devices during the 1st quarter valued at $1,112,000. Bowman & Co S.C. grew its stake in Advanced Micro Devices by 2.3% in the 1st quarter. Bowman & Co S.C. now owns 7,432 shares of the semiconductor manufacturer’s stock valued at $1,341,000 after buying an additional 170 shares during the last quarter. Aletheian Wealth Advisors LLC acquired a new position in Advanced Micro Devices in the 1st quarter valued at $2,210,000. Key Client Fiduciary Advisors LLC grew its stake in Advanced Micro Devices by 5.6% in the 1st quarter. Key Client Fiduciary Advisors LLC now owns 5,640 shares of the semiconductor manufacturer’s stock valued at $1,018,000 after buying an additional 297 shares during the last quarter. Finally, TrueMark Investments LLC grew its stake in Advanced Micro Devices by 13.5% in the 1st quarter. TrueMark Investments LLC now owns 15,478 shares of the semiconductor manufacturer’s stock valued at $2,794,000 after buying an additional 1,846 shares during the last quarter. Institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Stock Down 1.7 %

Advanced Micro Devices stock opened at $157.54 on Thursday. The stock has a market capitalization of $254.63 billion, a PE ratio of 231.68, a price-to-earnings-growth ratio of 1.85 and a beta of 1.69. Advanced Micro Devices, Inc. has a twelve month low of $93.11 and a twelve month high of $227.30. 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 has a 50 day moving average of $158.65 and a 200-day moving average of $164.76.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings results on Tuesday, April 30th. The semiconductor manufacturer reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.01. The company had revenue of $5.47 billion during the quarter, compared to analysts’ expectations of $5.48 billion. Advanced Micro Devices had a net margin of 4.89% and a return on equity of 5.72%. The business’s quarterly revenue was up 2.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.43 earnings per share. On average, equities research analysts anticipate that Advanced Micro Devices, Inc. will post 2.61 EPS for the current fiscal year.

Insider Transactions at Advanced Micro Devices

In other news, EVP Mark D. Papermaster sold 16,200 shares of the business’s stock in a transaction on Friday, June 14th. The shares were sold at an average price of $158.94, for a total value of $2,574,828.00. Following the sale, the executive vice president now owns 1,546,227 shares of the company’s stock, valued at $245,757,319.38. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.73% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on AMD. UBS Group lowered their target price on shares of Advanced Micro Devices from $205.00 to $200.00 and set a “buy” rating on the stock in a research note on Wednesday, May 1st. Roth Mkm lowered their target price on shares of Advanced Micro Devices from $190.00 to $180.00 and set a “buy” rating on the stock in a research note on Wednesday, May 1st. Wedbush reiterated an “outperform” rating and issued a $200.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, May 1st. HSBC upgraded shares of Advanced Micro Devices from a “hold” rating to a “buy” rating and raised their price target for the stock from $180.00 to $225.00 in a research report on Tuesday, April 16th. Finally, StockNews.com lowered shares of Advanced Micro Devices from a “hold” rating to a “sell” rating in a research report on Saturday, June 15th. One analyst has rated the stock with a sell rating, three have given a hold rating and twenty-seven have issued a buy rating to the stock. Based on data from MarketBeat.com, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and a consensus target price of $190.83.

About Advanced Micro Devices

Advanced Micro Devices, Inc operates as a semiconductor company worldwide. It operates through Data Center, Client, Gaming, and Embedded segments. The company offers x86 microprocessors and graphics processing units (GPUs) as an accelerated processing unit, chipsets, data center, and professional GPUs; and embedded processors, and semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technology, data processing unites, field programmable gate arrays (FPGA), and adaptive SoC products.