Blueprint Investment Partners LLC decreased its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 47.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 1,709 shares of the semiconductor manufacturer’s stock after selling 1,515 shares during the period. Blueprint Investment Partners LLC’s holdings in Advanced Micro Devices were worth $206,000 at the end of the most recent reporting period.
A number of other large investors also recently made changes to their positions in AMD. Van ECK Associates Corp lifted its stake in Advanced Micro Devices by 23.3% in the fourth quarter. Van ECK Associates Corp now owns 11,859,744 shares of the semiconductor manufacturer’s stock valued at $1,432,538,000 after buying an additional 2,238,866 shares during the period. State Street Corp raised its position in shares of Advanced Micro Devices by 2.3% in the 3rd quarter. State Street Corp now owns 70,170,271 shares of the semiconductor manufacturer’s stock valued at $11,513,538,000 after acquiring an additional 1,580,035 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Advanced Micro Devices by 8.7% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 19,472,211 shares of the semiconductor manufacturer’s stock worth $3,195,000,000 after acquiring an additional 1,565,083 shares during the last quarter. Alecta Tjanstepension Omsesidigt acquired a new position in Advanced Micro Devices during the fourth quarter valued at approximately $165,952,000. Finally, Clear Street Derivatives LLC bought a new stake in Advanced Micro Devices in the third quarter valued at approximately $110,496,000. Institutional investors and hedge funds own 71.34% of the company’s stock.
Insiders Place Their Bets
In other Advanced Micro Devices news, EVP Philip Guido bought 4,645 shares of the firm’s stock in a transaction on Friday, February 7th. The shares were purchased at an average price of $107.56 per share, for a total transaction of $499,616.20. Following the completion of the transaction, the executive vice president now directly owns 33,522 shares in the company, valued at approximately $3,605,626.32. The trade was a 16.09 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Corporate insiders own 0.73% of the company’s stock.
Advanced Micro Devices Price Performance
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last announced its earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 EPS for the quarter, hitting the consensus estimate of $1.07. Advanced Micro Devices had a net margin of 6.36% and a return on equity of 7.42%. As a group, sell-side analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.
Analyst Ratings Changes
Several analysts recently commented on the company. Melius downgraded Advanced Micro Devices from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $160.00 to $129.00 in a research note on Tuesday, January 28th. Piper Sandler reaffirmed an “overweight” rating on shares of Advanced Micro Devices in a research report on Wednesday, February 19th. Melius Research reiterated a “hold” rating and issued a $129.00 price objective (down from $160.00) on shares of Advanced Micro Devices in a research report on Tuesday, January 28th. Truist Financial set a $130.00 target price on shares of Advanced Micro Devices in a report on Wednesday, February 5th. Finally, Barclays reduced their price target on shares of Advanced Micro Devices from $170.00 to $140.00 and set an “overweight” rating for the company in a report on Friday, January 17th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating, nineteen have issued a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat, Advanced Micro Devices presently has a consensus rating of “Moderate Buy” and a consensus target price of $155.14.
Check Out Our Latest Stock Analysis on Advanced Micro Devices
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.
Read More
- Five stocks we like better than Advanced Micro Devices
- 3 Fintech Stocks With Good 2021 Prospects
- AbbVie Stock Boosts Portfolios With Entry Into Weight Loss Market
- Election Stocks: How Elections Affect the Stock Market
- 3 ETFs to Ride the VIX Surge During Market Volatility
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Why Williams-Sonoma Will Hit Fresh Highs in 2025
Receive News & Ratings for Advanced Micro Devices Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advanced Micro Devices and related companies with MarketBeat.com's FREE daily email newsletter.