Asset Management One Co. Ltd. Has $108.34 Million Stock Holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Asset Management One Co. Ltd. increased its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 3.9% during the third quarter, Holdings Channel reports. The firm owned 660,281 shares of the semiconductor manufacturer’s stock after acquiring an additional 25,045 shares during the period. Asset Management One Co. Ltd.’s holdings in Advanced Micro Devices were worth $108,339,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. National Pension Service increased its stake in Advanced Micro Devices by 14.5% in the third quarter. National Pension Service now owns 3,137,750 shares of the semiconductor manufacturer’s stock valued at $514,842,000 after acquiring an additional 398,108 shares during the last quarter. Silicon Valley Capital Partners boosted its holdings in shares of Advanced Micro Devices by 0.5% in the 3rd quarter. Silicon Valley Capital Partners now owns 30,386 shares of the semiconductor manufacturer’s stock valued at $4,986,000 after purchasing an additional 153 shares in the last quarter. Vestor Capital LLC increased its stake in shares of Advanced Micro Devices by 7.7% in the 3rd quarter. Vestor Capital LLC now owns 1,392 shares of the semiconductor manufacturer’s stock valued at $228,000 after purchasing an additional 100 shares during the last quarter. Ground Swell Capital LLC acquired a new position in shares of Advanced Micro Devices during the 3rd quarter worth $930,000. Finally, Citizens National Bank Trust Department lifted its position in shares of Advanced Micro Devices by 11.6% during the 3rd quarter. Citizens National Bank Trust Department now owns 6,691 shares of the semiconductor manufacturer’s stock worth $1,098,000 after buying an additional 695 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on AMD shares. Cantor Fitzgerald reiterated an “overweight” rating and issued a $180.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, October 30th. Citigroup lowered their price objective on shares of Advanced Micro Devices from $210.00 to $200.00 and set a “buy” rating for the company in a research report on Wednesday, October 30th. Truist Financial cut their target price on shares of Advanced Micro Devices from $162.00 to $156.00 and set a “hold” rating on the stock in a research report on Wednesday, July 31st. KeyCorp decreased their target price on shares of Advanced Micro Devices from $230.00 to $220.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 9th. Finally, Susquehanna reiterated a “positive” rating and issued a $200.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, July 31st. One investment analyst has rated the stock with a sell rating, three have given a hold rating, twenty-eight have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $192.79.

Advanced Micro Devices Trading Down 0.6 %

NASDAQ AMD opened at $141.00 on Monday. Advanced Micro Devices, Inc. has a one year low of $110.22 and a one year high of $227.30. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.50 and a quick ratio of 2.01. The business has a 50 day simple moving average of $154.75 and a 200 day simple moving average of $155.77. The stock has a market capitalization of $228.82 billion, a P/E ratio of 127.80, a P/E/G ratio of 1.98 and a beta of 1.71.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, October 29th. The semiconductor manufacturer reported $0.92 EPS for the quarter, hitting the consensus estimate of $0.92. Advanced Micro Devices had a net margin of 7.52% and a return on equity of 6.62%. The company had revenue of $6.82 billion during the quarter, compared to the consensus estimate of $6.71 billion. During the same quarter last year, the firm posted $0.53 EPS. The company’s quarterly revenue was up 17.6% on a year-over-year basis. Research analysts expect that Advanced Micro Devices, Inc. will post 2.55 earnings per share for the current year.

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.