Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares Purchased by Massmutual Trust Co. FSB ADV

Massmutual Trust Co. FSB ADV raised its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 18.2% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,750 shares of the semiconductor manufacturer’s stock after buying an additional 733 shares during the period. Massmutual Trust Co. FSB ADV’s holdings in Advanced Micro Devices were worth $770,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Tradewinds Capital Management LLC lifted its holdings in Advanced Micro Devices by 102.9% in the first quarter. Tradewinds Capital Management LLC now owns 140 shares of the semiconductor manufacturer’s stock valued at $25,000 after buying an additional 71 shares during the period. Semmax Financial Advisors Inc. boosted its position in shares of Advanced Micro Devices by 926.7% during the first quarter. Semmax Financial Advisors Inc. now owns 154 shares of the semiconductor manufacturer’s stock worth $28,000 after buying an additional 139 shares during the period. Valued Wealth Advisors LLC grew its holdings in shares of Advanced Micro Devices by 70.7% during the first quarter. Valued Wealth Advisors LLC now owns 169 shares of the semiconductor manufacturer’s stock worth $31,000 after buying an additional 70 shares in the last quarter. Chelsea Counsel Co. bought a new stake in Advanced Micro Devices in the 1st quarter valued at approximately $34,000. Finally, Northwest Bank & Trust Co acquired a new position in Advanced Micro Devices during the 4th quarter worth approximately $28,000. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Advanced Micro Devices

In related news, EVP Mark D. Papermaster sold 16,756 shares of the company’s stock in a transaction 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 transaction, the executive vice president now directly owns 1,546,227 shares of the company’s stock, valued at approximately $285,278,881.50. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, EVP Mark D. Papermaster sold 16,756 shares of Advanced Micro Devices stock in a transaction on Monday, July 15th. The shares were sold at an average price of $184.50, for a total transaction of $3,091,482.00. Following the transaction, the executive vice president now owns 1,546,227 shares in the company, valued at $285,278,881.50. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Mark D. Papermaster sold 16,200 shares of Advanced Micro Devices 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 in the company, valued at $245,757,319.38. The disclosure for this sale can be found here. Company insiders own 0.73% of the company’s stock.

Advanced Micro Devices Stock Down 3.4 %

Shares of AMD traded down $4.64 during trading hours on Tuesday, hitting $130.18. 62,352,564 shares of the company were exchanged, compared to its average volume of 64,197,004. Advanced Micro Devices, Inc. has a 52 week low of $93.11 and a 52 week high of $227.30. The company has a market cap of $210.69 billion, a PE ratio of 194.62, a PEG ratio of 1.79 and a beta of 1.69. The firm’s 50 day moving average is $159.77 and its 200-day moving average is $167.67. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.92 and a current ratio of 2.82.

Advanced Micro Devices (NASDAQ:AMD) last issued its earnings results on Tuesday, July 30th. The semiconductor manufacturer reported $0.69 EPS for the quarter, topping the consensus estimate of $0.68 by $0.01. Advanced Micro Devices had a return on equity of 5.98% and a net margin of 5.82%. The firm had revenue of $5.84 billion during the quarter, compared to analysts’ expectations of $5.72 billion. During the same period last year, the business earned $0.40 earnings per share. Advanced Micro Devices’s quarterly revenue was up 8.9% compared to the same quarter last year. On average, equities research analysts forecast that Advanced Micro Devices, Inc. will post 2.58 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently commented on AMD shares. StockNews.com cut shares of Advanced Micro Devices from a “hold” rating to a “sell” rating in a report on Wednesday, July 31st. Evercore ISI cut their target price on shares of Advanced Micro Devices from $200.00 to $193.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 1st. Jefferies Financial Group initiated coverage on shares of Advanced Micro Devices in a report on Monday, May 13th. They set a “buy” rating and a $190.00 price objective on the stock. Mizuho decreased their price target on Advanced Micro Devices from $235.00 to $215.00 and set a “buy” rating for the company in a research report on Wednesday, May 1st. Finally, Benchmark decreased their target price on Advanced Micro Devices from $245.00 to $200.00 and set a “buy” rating for the company in a research report on Thursday, May 2nd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-seven have assigned a buy rating to the stock. Based on data from MarketBeat, Advanced Micro Devices currently has an average rating of “Moderate Buy” and a consensus price target of $193.45.

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.