7,572 Shares in Advanced Micro Devices, Inc. $AMD Purchased by Crew Capital Management Ltd

Crew Capital Management Ltd acquired a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMDFree Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 7,572 shares of the semiconductor manufacturer’s stock, valued at approximately $1,225,000.

Other large investors also recently bought and sold shares of the company. ORG Wealth Partners LLC increased its holdings in shares of Advanced Micro Devices by 39.7% in the 3rd quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer’s stock valued at $26,000 after acquiring an additional 46 shares during the last quarter. Pinney & Scofield Inc. raised its holdings in shares of Advanced Micro Devices by 81.0% during the second quarter. Pinney & Scofield Inc. now owns 190 shares of the semiconductor manufacturer’s stock worth $27,000 after purchasing an additional 85 shares during the period. Dogwood Wealth Management LLC raised its holdings in shares of Advanced Micro Devices by 2,311.1% during the second quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer’s stock worth $30,000 after purchasing an additional 208 shares during the period. Avion Wealth lifted its position in shares of Advanced Micro Devices by 49.3% in the 2nd quarter. Avion Wealth now owns 218 shares of the semiconductor manufacturer’s stock worth $30,000 after buying an additional 72 shares during the last quarter. Finally, Signature Resources Capital Management LLC boosted its holdings in shares of Advanced Micro Devices by 170.4% in the 3rd quarter. Signature Resources Capital Management LLC now owns 219 shares of the semiconductor manufacturer’s stock valued at $35,000 after buying an additional 138 shares during the period. Institutional investors own 71.34% of the company’s stock.

Insider Buying and Selling at Advanced Micro Devices

In related news, EVP Mark D. Papermaster sold 17,108 shares of the firm’s stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $240.12, for a total transaction of $4,107,972.96. Following the transaction, the executive vice president owned 1,714,505 shares in the company, valued at $411,686,940.60. This trade represents a 0.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Forrest Eugene Norrod sold 19,450 shares of the business’s stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $229.37, for a total value of $4,461,246.50. Following the sale, the executive vice president directly owned 300,348 shares in the company, valued at approximately $68,890,820.76. The trade was a 6.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 178,358 shares of company stock valued at $39,229,623. Company insiders own 0.06% of the company’s stock.

Advanced Micro Devices Stock Up 2.2%

Shares of Advanced Micro Devices stock opened at $207.69 on Tuesday. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.31 and a quick ratio of 1.68. Advanced Micro Devices, Inc. has a 1-year low of $76.48 and a 1-year high of $267.08. The business’s fifty day moving average price is $220.29 and its two-hundred day moving average price is $193.07. The company has a market capitalization of $338.13 billion, a P/E ratio of 102.82, a PEG ratio of 0.86 and a beta of 1.95.

Advanced Micro Devices (NASDAQ:AMDGet Free Report) last issued its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 EPS for the quarter, beating analysts’ consensus estimates of $1.17 by $0.03. Advanced Micro Devices had a return on equity of 8.04% and a net margin of 10.32%.The company had revenue of $9.25 billion for the quarter, compared to analyst estimates of $8.76 billion. During the same period last year, the company earned $0.92 earnings per share. The company’s quarterly revenue was up 35.6% compared to the same quarter last year. As a group, research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Advanced Micro Devices News Roundup

Here are the key news stories impacting Advanced Micro Devices this week:

Analyst Ratings Changes

AMD has been the topic of several research reports. Evercore ISI increased their price objective on shares of Advanced Micro Devices from $270.00 to $283.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 12th. TD Cowen upped their target price on Advanced Micro Devices from $270.00 to $290.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. KGI Securities set a $260.00 price target on Advanced Micro Devices and gave the stock an “outperform” rating in a research report on Monday, October 13th. Citigroup boosted their price objective on Advanced Micro Devices from $215.00 to $260.00 and gave the company a “neutral” rating in a research report on Wednesday, November 5th. Finally, Cowen reaffirmed a “buy” rating on shares of Advanced Micro Devices in a research report on Tuesday, December 2nd. Three research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat.com, Advanced Micro Devices currently has an average rating of “Moderate Buy” and a consensus price target of $277.06.

Read Our Latest Stock Analysis on Advanced Micro Devices

Advanced Micro Devices Profile

(Free Report)

Advanced Micro Devices, Inc (NASDAQ: AMD) is a global semiconductor company that designs and sells microprocessors, graphics processors, chipsets and adaptive computing solutions for a broad set of markets. The company’s product portfolio includes consumer and commercial CPUs under the Ryzen and Threadripper brands, data center processors under the EPYC brand, and Radeon graphics processing units for gaming and professional visualization. AMD also offers semi-custom system-on-chip (SoC) products for gaming consoles and other specialized applications, and provides supporting software and platform technologies for OEMs, cloud service providers and end users.

Founded in 1969, AMD has evolved from a supplier of logic chips into a diversified, fabless semiconductor designer.

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

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