Voya Financial Advisors Inc. Acquires 529 Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)


Share on StockTwits

Voya Financial Advisors Inc. lifted its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 7.0% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 8,111 shares of the semiconductor manufacturer’s stock after acquiring an additional 529 shares during the period. Voya Financial Advisors Inc.’s holdings in Advanced Micro Devices were worth $749,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently made changes to their positions in the stock. BKD Wealth Advisors LLC lifted its holdings in Advanced Micro Devices by 3.8% during the 4th quarter. BKD Wealth Advisors LLC now owns 3,028 shares of the semiconductor manufacturer’s stock valued at $278,000 after purchasing an additional 110 shares during the last quarter. SeaCrest Wealth Management LLC lifted its holdings in Advanced Micro Devices by 0.4% during the 4th quarter. SeaCrest Wealth Management LLC now owns 29,862 shares of the semiconductor manufacturer’s stock valued at $2,739,000 after purchasing an additional 115 shares during the last quarter. Atlas Private Wealth Advisors lifted its holdings in Advanced Micro Devices by 7.1% during the 4th quarter. Atlas Private Wealth Advisors now owns 1,810 shares of the semiconductor manufacturer’s stock valued at $166,000 after purchasing an additional 120 shares during the last quarter. Tsfg LLC lifted its holdings in Advanced Micro Devices by 65.8% during the 4th quarter. Tsfg LLC now owns 315 shares of the semiconductor manufacturer’s stock valued at $29,000 after purchasing an additional 125 shares during the last quarter. Finally, Kalos Management Inc. increased its position in Advanced Micro Devices by 0.4% in the 4th quarter. Kalos Management Inc. now owns 30,221 shares of the semiconductor manufacturer’s stock valued at $2,747,000 after acquiring an additional 130 shares in the last quarter. 67.01% of the stock is owned by hedge funds and other institutional investors.

NASDAQ AMD opened at $82.20 on Thursday. The company has a current ratio of 2.28, a quick ratio of 1.74 and a debt-to-equity ratio of 0.10. The firm’s fifty day moving average price is $81.53 and its two-hundred day moving average price is $85.78. Advanced Micro Devices, Inc. has a 1 year low of $47.61 and a 1 year high of $99.23. The firm has a market capitalization of $99.84 billion, a P/E ratio of 111.08, a price-to-earnings-growth ratio of 1.14 and a beta of 2.29.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings results on Monday, January 25th. The semiconductor manufacturer reported $0.52 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.47 by $0.05. Advanced Micro Devices had a net margin of 10.17% and a return on equity of 33.04%. The firm had revenue of $3.24 billion for the quarter, compared to analyst estimates of $3.03 billion. During the same period in the prior year, the firm posted $0.32 earnings per share. The company’s quarterly revenue was up 52.5% compared to the same quarter last year. On average, research analysts anticipate that Advanced Micro Devices, Inc. will post 1.01 EPS for the current fiscal year.

In other Advanced Micro Devices news, EVP Rick Bergman sold 2,000 shares of the company’s stock in a transaction on Thursday, February 4th. The shares were sold at an average price of $88.29, for a total value of $176,580.00. Following the transaction, the executive vice president now directly owns 71,891 shares in the company, valued at $6,347,256.39. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Forrest Eugene Norrod sold 81,500 shares of the company’s stock in a transaction on Thursday, January 28th. The shares were sold at an average price of $88.80, for a total transaction of $7,237,200.00. The disclosure for this sale can be found here. Insiders have sold 165,000 shares of company stock worth $14,261,410 over the last ninety days. Insiders own 1.20% of the company’s stock.

Several equities research analysts have weighed in on the stock. JPMorgan Chase & Co. raised their price objective on shares of Advanced Micro Devices from $86.00 to $100.00 and gave the company a “neutral” rating in a research report on Wednesday, January 27th. Wedbush raised their price objective on shares of Advanced Micro Devices from $100.00 to $110.00 and gave the company an “outperform” rating in a research report on Tuesday, January 12th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Advanced Micro Devices from $75.00 to $90.00 and gave the company a “hold” rating in a research report on Thursday, December 17th. Barclays raised their price objective on shares of Advanced Micro Devices from $115.00 to $120.00 and gave the company an “overweight” rating in a research report on Wednesday, January 27th. Finally, New Street Research reiterated a “sell” rating and set a $70.00 price target on shares of Advanced Micro Devices in a research report on Tuesday, March 16th. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and twenty-one have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $90.39.

About Advanced Micro Devices

Advanced Micro Devices, Inc operates as a semiconductor company worldwide. The company operates in two segments, Computing and Graphics; and Enterprise, Embedded and Semi-Custom. Its products include x86 microprocessors as an accelerated processing unit, chipsets, discrete and integrated graphics processing units (GPUs), data center and professional GPUs, and development services; and server and embedded processors, and semi-custom System-on-Chip (SoC) products, development services, and technology for game consoles.

Featured Article: Analyzing a company’s cash flow statement

Want to see what other hedge funds are holding AMD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Advanced Micro Devices, Inc. (NASDAQ:AMD).

Institutional Ownership by Quarter for Advanced Micro Devices (NASDAQ:AMD)

Receive News & Ratings for Advanced Micro Devices Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advanced Micro Devices and related companies with MarketBeat.com's FREE daily email newsletter.