Modera Wealth Management LLC Has $510,000 Stock Holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Modera Wealth Management LLC lifted its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 12.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,218 shares of the semiconductor manufacturer’s stock after buying an additional 460 shares during the period. Modera Wealth Management LLC’s holdings in Advanced Micro Devices were worth $510,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Swedbank AB boosted its stake in shares of Advanced Micro Devices by 0.8% in the 3rd quarter. Swedbank AB now owns 2,151,636 shares of the semiconductor manufacturer’s stock valued at $353,040,000 after purchasing an additional 17,446 shares in the last quarter. Howard Capital Management Group LLC boosted its position in Advanced Micro Devices by 21.6% in the third quarter. Howard Capital Management Group LLC now owns 1,827 shares of the semiconductor manufacturer’s stock valued at $300,000 after buying an additional 324 shares in the last quarter. Kanawha Capital Management LLC grew its stake in shares of Advanced Micro Devices by 17.9% during the third quarter. Kanawha Capital Management LLC now owns 2,302 shares of the semiconductor manufacturer’s stock worth $378,000 after buying an additional 350 shares during the last quarter. Donaldson Capital Management LLC grew its stake in shares of Advanced Micro Devices by 3.9% during the third quarter. Donaldson Capital Management LLC now owns 2,692 shares of the semiconductor manufacturer’s stock worth $442,000 after buying an additional 102 shares during the last quarter. Finally, Cary Street Partners Asset Management LLC increased its holdings in shares of Advanced Micro Devices by 21.2% during the third quarter. Cary Street Partners Asset Management LLC now owns 11,995 shares of the semiconductor manufacturer’s stock worth $1,968,000 after buying an additional 2,102 shares in the last quarter. 71.34% of the stock is currently owned by institutional investors.

Advanced Micro Devices Trading Up 2.6 %

Shares of Advanced Micro Devices stock opened at $100.75 on Wednesday. The stock has a market capitalization of $163.26 billion, a PE ratio of 101.77, a price-to-earnings-growth ratio of 1.11 and a beta of 1.65. Advanced Micro Devices, Inc. has a 52 week low of $95.89 and a 52 week high of $227.30. The stock has a 50 day moving average price of $115.90 and a two-hundred day moving average price of $136.16. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.83 and a current ratio of 2.62.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 earnings per share (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, equities analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently weighed in on AMD shares. Benchmark reissued a “buy” rating and set a $170.00 price objective on shares of Advanced Micro Devices in a report on Tuesday, February 18th. KeyCorp cut their price target on Advanced Micro Devices from $150.00 to $140.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 5th. Stifel Nicolaus lowered their price objective on Advanced Micro Devices from $200.00 to $162.00 and set a “buy” rating for the company in a research note on Wednesday, February 5th. Barclays cut their target price on shares of Advanced Micro Devices from $170.00 to $140.00 and set an “overweight” rating on the stock in a research report on Friday, January 17th. Finally, HSBC restated a “reduce” rating and issued a $110.00 price target (down from $200.00) on shares of Advanced Micro Devices in a research report on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating, nineteen have given a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $155.83.

Insider Activity

In related news, EVP Philip Guido bought 4,645 shares of the business’s stock in a transaction that occurred on Friday, February 7th. The shares were bought at an average price of $107.56 per share, with a total value of $499,616.20. Following the completion of the transaction, the executive vice president now directly owns 33,522 shares in the company, valued at approximately $3,605,626.32. This represents a 16.09 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.73% of the company’s stock.

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.