Matauro LLC Purchases Shares of 2,403 Advanced Micro Devices, Inc. (NASDAQ:AMD)

Matauro LLC acquired a new position in Advanced Micro Devices, Inc. (NASDAQ:AMD) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 2,403 shares of the semiconductor manufacturer’s stock, valued at approximately $290,000.

Other large investors also recently modified their holdings of the company. Swedbank AB grew its stake in Advanced Micro Devices by 0.8% during the third quarter. Swedbank AB now owns 2,151,636 shares of the semiconductor manufacturer’s stock worth $353,040,000 after buying an additional 17,446 shares during the period. Howard Capital Management Group LLC boosted its position in Advanced Micro Devices by 21.6% during the 3rd quarter. Howard Capital Management Group LLC now owns 1,827 shares of the semiconductor manufacturer’s stock worth $300,000 after purchasing an additional 324 shares during the period. Hennion & Walsh Asset Management Inc. increased its holdings in Advanced Micro Devices by 34.3% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 8,393 shares of the semiconductor manufacturer’s stock valued at $1,377,000 after purchasing an additional 2,142 shares in the last quarter. Bogart Wealth LLC increased its holdings in Advanced Micro Devices by 26.6% in the 3rd quarter. Bogart Wealth LLC now owns 2,857 shares of the semiconductor manufacturer’s stock valued at $469,000 after purchasing an additional 600 shares in the last quarter. Finally, Global Trust Asset Management LLC raised its position in Advanced Micro Devices by 617.3% in the third quarter. Global Trust Asset Management LLC now owns 1,614 shares of the semiconductor manufacturer’s stock valued at $265,000 after purchasing an additional 1,389 shares during the period. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Advanced Micro Devices Stock Down 2.9 %

AMD stock opened at $110.84 on Friday. The stock has a market cap of $179.61 billion, a PE ratio of 111.96, a price-to-earnings-growth ratio of 1.15 and a beta of 1.65. The firm’s 50-day simple moving average is $118.84 and its 200 day simple moving average is $137.94. Advanced Micro Devices, Inc. has a fifty-two week low of $106.50 and a fifty-two week high of $227.30. The company has a quick ratio of 1.83, a current ratio of 2.62 and a debt-to-equity ratio of 0.03.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 EPS for the quarter, meeting 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 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have recently weighed in on AMD. DZ Bank downgraded Advanced Micro Devices from a “buy” rating to a “hold” rating and set a $120.00 target price for the company. in a research report on Friday, February 7th. Benchmark reaffirmed a “buy” rating and issued a $170.00 price objective on shares of Advanced Micro Devices in a research report on Tuesday. Wolfe Research cut shares of Advanced Micro Devices from an “outperform” rating to a “peer perform” rating in a research report on Thursday, January 16th. Stifel Nicolaus lowered their price target on shares of Advanced Micro Devices from $200.00 to $162.00 and set a “buy” rating for the company in a report on Wednesday, February 5th. Finally, KeyCorp cut their price objective on shares of Advanced Micro Devices from $150.00 to $140.00 and set an “overweight” rating on the stock in a report on Wednesday, February 5th. Two analysts have rated the stock with a sell rating, ten have given a hold rating, eighteen have given a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $158.70.

Insider Activity at Advanced Micro Devices

In other news, CEO Lisa T. Su sold 76,496 shares of the company’s stock in a transaction that occurred on 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 completion of the sale, the chief executive officer now directly owns 3,566,762 shares of the company’s stock, valued at approximately $508,834,266.92. This represents a 2.10 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Philip Guido acquired 4,645 shares of the stock in a transaction that occurred on Friday, February 7th. The shares were bought at an average price of $107.56 per share, for a total transaction of $499,616.20. Following the purchase, the executive vice president now directly owns 33,522 shares of the company’s stock, valued at approximately $3,605,626.32. This trade represents a 16.09 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.73% of the stock is owned by insiders.

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.