Vanguard Personalized Indexing Management LLC Buys 12,241 Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

Vanguard Personalized Indexing Management LLC raised its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 9.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 147,078 shares of the semiconductor manufacturer’s stock after purchasing an additional 12,241 shares during the quarter. Advanced Micro Devices accounts for 0.5% of Vanguard Personalized Indexing Management LLC’s portfolio, making the stock its 26th biggest position. Vanguard Personalized Indexing Management LLC’s holdings in Advanced Micro Devices were worth $23,858,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Fortis Capital Advisors LLC raised its holdings in shares of Advanced Micro Devices by 137.8% during the fourth quarter. Fortis Capital Advisors LLC now owns 12,485 shares of the semiconductor manufacturer’s stock valued at $1,840,000 after acquiring an additional 7,235 shares in the last quarter. Chapin Davis Inc. raised its holdings in shares of Advanced Micro Devices by 613.4% during the first quarter. Chapin Davis Inc. now owns 12,263 shares of the semiconductor manufacturer’s stock valued at $2,213,000 after acquiring an additional 10,544 shares in the last quarter. Gordian Capital Singapore Pte Ltd raised its holdings in shares of Advanced Micro Devices by 77.4% during the fourth quarter. Gordian Capital Singapore Pte Ltd now owns 49,093 shares of the semiconductor manufacturer’s stock valued at $7,237,000 after acquiring an additional 21,417 shares in the last quarter. GW&K Investment Management LLC raised its holdings in shares of Advanced Micro Devices by 11.5% during the fourth quarter. GW&K Investment Management LLC now owns 822 shares of the semiconductor manufacturer’s stock valued at $121,000 after acquiring an additional 85 shares in the last quarter. Finally, Bank of New Hampshire raised its holdings in shares of Advanced Micro Devices by 811.3% during the first quarter. Bank of New Hampshire now owns 8,065 shares of the semiconductor manufacturer’s stock valued at $1,456,000 after acquiring an additional 7,180 shares in the last quarter. Institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Trading Down 0.8 %

Shares of NASDAQ:AMD opened at $150.82 on Wednesday. The stock has a market capitalization of $243.77 billion, a price-to-earnings ratio of 221.79, a PEG ratio of 2.04 and a beta of 1.69. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.01 and a current ratio of 2.82. The stock’s 50-day simple moving average is $148.50 and its two-hundred day simple moving average is $161.13. Advanced Micro Devices, Inc. has a 52-week low of $93.11 and a 52-week high of $227.30.

Advanced Micro Devices (NASDAQ:AMD) last announced its earnings results on Tuesday, July 30th. The semiconductor manufacturer reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.01. The business had revenue of $5.84 billion for the quarter, compared to analysts’ expectations of $5.72 billion. Advanced Micro Devices had a return on equity of 5.98% and a net margin of 5.82%. The business’s revenue for the quarter was up 8.9% on a year-over-year basis. During the same period last year, the firm posted $0.40 earnings per share. Analysts expect that Advanced Micro Devices, Inc. will post 2.56 EPS for the current year.

Insiders Place Their Bets

In other news, EVP Mark D. Papermaster sold 16,756 shares of the firm’s stock in a transaction dated Monday, July 15th. The stock was sold at an average price of $184.50, for a total value of $3,091,482.00. Following the transaction, the executive vice president now owns 1,546,227 shares of the company’s stock, valued at $285,278,881.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.73% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Wells Fargo & Company upped their target price on Advanced Micro Devices from $190.00 to $205.00 and gave the company an “overweight” rating in a report on Thursday, July 11th. BNP Paribas upgraded Advanced Micro Devices to a “strong-buy” rating in a report on Wednesday, July 31st. StockNews.com downgraded Advanced Micro Devices from a “hold” rating to a “sell” rating in a report on Wednesday, July 31st. Edward Jones started coverage on Advanced Micro Devices in a report on Tuesday, August 20th. They issued a “buy” rating for the company. Finally, Bank of America decreased their price objective on Advanced Micro Devices from $195.00 to $180.00 and set a “buy” rating for the company in a report on Wednesday, July 31st. One analyst has rated the stock with a sell rating, three have assigned a hold rating, twenty-seven have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, Advanced Micro Devices presently has a consensus rating of “Moderate Buy” and a consensus target price of $193.45.

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.