2,204 Shares in Advanced Micro Devices, Inc. (NASDAQ:AMD) Bought by Trilogy Capital Inc.

Trilogy Capital Inc. bought a new position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund bought 2,204 shares of the semiconductor manufacturer’s stock, valued at approximately $398,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Gotham Asset Management LLC boosted its position in shares of Advanced Micro Devices by 32.8% during the 3rd quarter. Gotham Asset Management LLC now owns 48,028 shares of the semiconductor manufacturer’s stock worth $4,938,000 after acquiring an additional 11,868 shares in the last quarter. Lazard Asset Management LLC boosted its position in shares of Advanced Micro Devices by 1,296.7% during the 3rd quarter. Lazard Asset Management LLC now owns 894,751 shares of the semiconductor manufacturer’s stock worth $91,997,000 after acquiring an additional 830,690 shares in the last quarter. Truist Financial Corp lifted its holdings in shares of Advanced Micro Devices by 24.9% in the 3rd quarter. Truist Financial Corp now owns 464,188 shares of the semiconductor manufacturer’s stock valued at $47,728,000 after purchasing an additional 92,501 shares during the last quarter. Albar Capital Ltd purchased a new stake in shares of Advanced Micro Devices in the 3rd quarter valued at about $762,000. Finally, Axxcess Wealth Management LLC lifted its holdings in shares of Advanced Micro Devices by 47.6% in the 3rd quarter. Axxcess Wealth Management LLC now owns 19,535 shares of the semiconductor manufacturer’s stock valued at $2,009,000 after purchasing an additional 6,303 shares during the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.

Advanced Micro Devices Trading Up 1.7 %

Shares of Advanced Micro Devices stock traded up $2.74 during trading hours on Friday, reaching $162.21. 56,204,617 shares of the company’s stock were exchanged, compared to its average volume of 48,393,012. Advanced Micro Devices, Inc. has a 52-week low of $93.11 and a 52-week high of $227.30. The firm has a market capitalization of $262.18 billion, a price-to-earnings ratio of 238.54, a price-to-earnings-growth ratio of 1.87 and a beta of 1.69. The company has a fifty day moving average of $159.12 and a 200-day moving average of $165.05. The company has a current ratio of 2.64, a quick ratio of 1.92 and a debt-to-equity ratio of 0.03.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings results on Tuesday, April 30th. The semiconductor manufacturer reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.01. The company had revenue of $5.47 billion for the quarter, compared to analyst estimates of $5.48 billion. Advanced Micro Devices had a return on equity of 5.72% and a net margin of 4.89%. The business’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.43 EPS. Sell-side analysts forecast that Advanced Micro Devices, Inc. will post 2.61 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently weighed in on AMD shares. Cantor Fitzgerald reduced their target price on Advanced Micro Devices from $190.00 to $170.00 and set an “overweight” rating for the company in a report on Wednesday, May 1st. Roth Mkm reduced their price objective on Advanced Micro Devices from $190.00 to $180.00 and set a “buy” rating for the company in a research note on Wednesday, May 1st. UBS Group reduced their price objective on Advanced Micro Devices from $205.00 to $200.00 and set a “buy” rating for the company in a research note on Wednesday, May 1st. Jefferies Financial Group began coverage on Advanced Micro Devices in a research report on Monday, May 13th. They set a “buy” rating and a $190.00 target price on the stock. Finally, Morgan Stanley cut Advanced Micro Devices from an “overweight” rating to an “equal weight” rating and set a $176.00 target price on the stock. in a research report on Monday, June 10th. One research 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 company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $190.83.

Insider Buying and Selling

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 16,200 shares of the firm’s stock in a transaction dated Friday, June 14th. The stock was sold at an average price of $158.94, for a total value of $2,574,828.00. Following the transaction, the executive vice president now directly owns 1,546,227 shares of the company’s stock, valued at $245,757,319.38. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.73% of the company’s stock.

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.