Bank of New Hampshire Buys 148 Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

Bank of New Hampshire increased its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 1.5% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 9,802 shares of the semiconductor manufacturer’s stock after purchasing an additional 148 shares during the period. Bank of New Hampshire’s holdings in Advanced Micro Devices were worth $1,184,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. State Street Corp raised its position in shares of Advanced Micro Devices by 2.3% in the third quarter. State Street Corp now owns 70,170,271 shares of the semiconductor manufacturer’s stock valued at $11,513,538,000 after buying an additional 1,580,035 shares in the last quarter. Geode Capital Management LLC raised its position in Advanced Micro Devices by 1.3% during the third quarter. Geode Capital Management LLC now owns 34,243,843 shares of the semiconductor manufacturer’s stock valued at $5,597,337,000 after purchasing an additional 441,924 shares in the last quarter. Fisher Asset Management LLC raised its position in Advanced Micro Devices by 2.8% during the third quarter. Fisher Asset Management LLC now owns 23,795,236 shares of the semiconductor manufacturer’s stock valued at $3,904,323,000 after purchasing an additional 644,039 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Advanced Micro Devices by 8.7% during the third 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 valued at $3,195,000,000 after purchasing an additional 1,565,083 shares in the last quarter. Finally, Legal & General Group Plc grew its stake in shares of Advanced Micro Devices by 1.4% during the second quarter. Legal & General Group Plc now owns 13,310,158 shares of the semiconductor manufacturer’s stock worth $2,159,039,000 after buying an additional 188,580 shares during the last quarter. Institutional investors own 71.34% of the company’s stock.

Insider Buying and Selling

In related news, CEO Lisa T. Su sold 76,496 shares of the company’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $142.66, for a total value of $10,912,919.36. Following the sale, the chief executive officer now owns 3,566,762 shares in the company, valued at $508,834,266.92. This represents a 2.10 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Forrest Eugene Norrod sold 40,540 shares of the company’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $141.67, for a total transaction of $5,743,301.80. Following the completion of the sale, the executive vice president now directly owns 293,347 shares of the company’s stock, valued at $41,558,469.49. The trade was a 12.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 197,036 shares of company stock worth $28,165,821 in the last quarter. Insiders own 0.73% of the company’s stock.

Advanced Micro Devices Stock Up 1.2 %

Shares of NASDAQ AMD traded up $1.53 during trading on Tuesday, hitting $131.08. 6,803,749 shares of the company traded hands, compared to its average volume of 31,106,693. The business’s fifty day moving average is $134.85 and its 200 day moving average is $147.64. Advanced Micro Devices, Inc. has a fifty-two week low of $117.90 and a fifty-two week high of $227.30. The firm has a market capitalization of $212.72 billion, a price-to-earnings ratio of 118.09, a P/E/G ratio of 1.88 and a beta of 1.66. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.78 and a current ratio of 2.50.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, October 29th. The semiconductor manufacturer reported $0.92 earnings per share for the quarter, meeting the consensus estimate of $0.92. Advanced Micro Devices had a net margin of 7.52% and a return on equity of 6.62%. The firm had revenue of $6.82 billion for the quarter, compared to analyst estimates of $6.71 billion. During the same quarter in the prior year, the business earned $0.53 earnings per share. The business’s quarterly revenue was up 17.6% compared to the same quarter last year. Equities research analysts predict that Advanced Micro Devices, Inc. will post 2.54 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have weighed in on AMD shares. Bank of America cut shares of Advanced Micro Devices from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $180.00 to $155.00 in a research note on Monday, December 9th. StockNews.com raised shares of Advanced Micro Devices from a “sell” rating to a “hold” rating in a research note on Monday. Roth Mkm reaffirmed a “buy” rating and set a $200.00 target price on shares of Advanced Micro Devices in a research note on Friday, October 11th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $180.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, October 30th. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $250.00 price objective on shares of Advanced Micro Devices in a research note on Monday, October 28th. Five investment analysts have rated the stock with a hold rating, twenty-six have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Advanced Micro Devices presently has an average rating of “Moderate Buy” and a consensus target price of $191.96.

Advanced Micro Devices Company 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.