Tlwm Buys 78 Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

Tlwm boosted its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 1.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,045 shares of the semiconductor manufacturer’s stock after purchasing an additional 78 shares during the quarter. Tlwm’s holdings in Advanced Micro Devices were worth $992,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of AMD. Cherrydale Wealth Management LLC raised its stake in shares of Advanced Micro Devices by 4.7% in the second quarter. Cherrydale Wealth Management LLC now owns 1,305 shares of the semiconductor manufacturer’s stock valued at $212,000 after purchasing an additional 58 shares in the last quarter. Prentice Wealth Management LLC raised its stake in shares of Advanced Micro Devices by 1.6% in the 1st quarter. Prentice Wealth Management LLC now owns 3,938 shares of the semiconductor manufacturer’s stock valued at $711,000 after buying an additional 62 shares in the last quarter. Revolve Wealth Partners LLC lifted its holdings in shares of Advanced Micro Devices by 0.9% during the 1st quarter. Revolve Wealth Partners LLC now owns 7,281 shares of the semiconductor manufacturer’s stock worth $1,314,000 after acquiring an additional 63 shares during the period. Delta Financial Group Inc. boosted its position in shares of Advanced Micro Devices by 5.0% during the 2nd quarter. Delta Financial Group Inc. now owns 1,325 shares of the semiconductor manufacturer’s stock valued at $215,000 after acquiring an additional 63 shares in the last quarter. Finally, Integrated Advisors Network LLC increased its stake in Advanced Micro Devices by 0.3% in the fourth quarter. Integrated Advisors Network LLC now owns 18,944 shares of the semiconductor manufacturer’s stock valued at $2,793,000 after acquiring an additional 65 shares during the period. 71.34% of the stock is owned by institutional investors.

Insider Activity

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 16,756 shares of the company’s stock in a transaction that occurred on Monday, July 15th. The shares were sold at an average price of $184.50, for a total value of $3,091,482.00. Following the completion of the sale, the executive vice president now owns 1,546,227 shares of the company’s stock, valued at approximately $285,278,881.50. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.73% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

AMD has been the topic of a number of recent research reports. Robert W. Baird decreased their price objective on Advanced Micro Devices from $200.00 to $175.00 and set an “outperform” rating on the stock in a report on Wednesday, July 31st. TD Cowen raised Advanced Micro Devices to a “strong-buy” rating in a research note on Monday, September 16th. Cantor Fitzgerald reiterated an “overweight” rating and set a $180.00 price objective on shares of Advanced Micro Devices in a research note on Monday. Edward Jones initiated coverage on Advanced Micro Devices in a report on Tuesday, August 20th. They set a “buy” rating for the company. Finally, Morgan Stanley upped their target price on shares of Advanced Micro Devices from $176.00 to $178.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 31st. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, twenty-seven have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and a consensus target price of $193.45.

Advanced Micro Devices Stock Performance

Advanced Micro Devices stock opened at $170.97 on Tuesday. The company has a market cap of $276.34 billion, a PE ratio of 251.43, a PEG ratio of 2.14 and a beta of 1.70. The company has a current ratio of 2.82, a quick ratio of 2.01 and a debt-to-equity ratio of 0.03. Advanced Micro Devices, Inc. has a 1 year low of $93.11 and a 1 year high of $227.30. The company’s 50-day moving average is $148.16 and its two-hundred day moving average is $157.76.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, July 30th. The semiconductor manufacturer reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.01. Advanced Micro Devices had a net margin of 5.82% and a return on equity of 5.98%. The business had revenue of $5.84 billion for the quarter, compared to analyst estimates of $5.72 billion. During the same period in the prior year, the business posted $0.40 earnings per share. Advanced Micro Devices’s revenue was up 8.9% compared to the same quarter last year. Equities analysts anticipate that Advanced Micro Devices, Inc. will post 2.56 earnings per share for the current year.

Advanced Micro Devices Profile

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.