Consilio Wealth Advisors LLC Has $303,000 Position in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Consilio Wealth Advisors LLC grew its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 10.0% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 1,676 shares of the semiconductor manufacturer’s stock after buying an additional 152 shares during the period. Consilio Wealth Advisors LLC’s holdings in Advanced Micro Devices were worth $303,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in AMD. Spartan Planning & Wealth Management acquired a new stake in shares of Advanced Micro Devices in the third quarter valued at about $27,000. Northwest Bank & Trust Co acquired a new stake in shares of Advanced Micro Devices in the fourth quarter valued at about $28,000. Bare Financial Services Inc acquired a new stake in shares of Advanced Micro Devices in the fourth quarter valued at about $29,000. MeadowBrook Investment Advisors LLC acquired a new stake in shares of Advanced Micro Devices in the fourth quarter valued at about $29,000. Finally, Gables Capital Management Inc. acquired a new stake in shares of Advanced Micro Devices in the fourth quarter valued at about $29,000. Institutional investors and hedge funds own 71.34% of the company’s stock.

Advanced Micro Devices Stock Down 2.8 %

Shares of NASDAQ AMD traded down $4.52 during trading on Monday, hitting $157.69. The stock had a trading volume of 50,374,111 shares, compared to its average volume of 65,033,785. The company has a market capitalization of $254.88 billion, a PE ratio of 231.08, a PEG ratio of 1.87 and a beta of 1.69. The firm has a fifty day moving average of $159.12 and a two-hundred day moving average of $165.24. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.64 and a quick ratio of 1.92. Advanced Micro Devices, Inc. has a 12 month low of $93.11 and a 12 month high of $227.30.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings results on Tuesday, April 30th. The semiconductor manufacturer reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.01. The company had revenue of $5.47 billion during the quarter, compared to analyst estimates of $5.48 billion. Advanced Micro Devices had a net margin of 4.89% and a return on equity of 5.72%. The firm’s revenue for the quarter was up 2.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.43 earnings per share. As a group, equities research analysts forecast that Advanced Micro Devices, Inc. will post 2.61 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. DZ Bank raised Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $190.00 target price for the company in a research note on Tuesday, May 7th. StockNews.com cut Advanced Micro Devices from a “hold” rating to a “sell” rating in a research note on Saturday, June 15th. Mizuho decreased their target price on Advanced Micro Devices from $235.00 to $215.00 and set a “buy” rating for the company in a research note on Wednesday, May 1st. Roth Mkm decreased their target price on Advanced Micro Devices from $190.00 to $180.00 and set a “buy” rating for the company in a research note on Wednesday, May 1st. Finally, TD Cowen raised their target price on Advanced Micro Devices from $185.00 to $200.00 and gave the stock a “buy” rating in a research note on Thursday, April 18th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-seven have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $190.83.

Insider Activity at Advanced Micro Devices

In related news, EVP Mark D. Papermaster sold 16,200 shares of the stock in a transaction dated Friday, June 14th. The shares were sold at an average price of $158.94, for a total transaction of $2,574,828.00. Following the completion of the transaction, the executive vice president now owns 1,546,227 shares in the company, valued at $245,757,319.38. The transaction was disclosed in a document filed with the SEC, which is available through this link. 0.65% of the stock is owned by company insiders.

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.