Captrust Financial Advisors grew its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 567.7% in the fourth quarter, Holdings Channel reports. The fund owned 8,280 shares of the semiconductor manufacturer’s stock after buying an additional 7,040 shares during the quarter. Captrust Financial Advisors’ holdings in Advanced Micro Devices were worth $153,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cigna Investments Inc. New lifted its position in Advanced Micro Devices by 2.3% in the fourth quarter. Cigna Investments Inc. New now owns 25,940 shares of the semiconductor manufacturer’s stock worth $479,000 after buying an additional 585 shares during the last quarter. Public Employees Retirement Association of Colorado lifted its position in Advanced Micro Devices by 0.4% in the fourth quarter. Public Employees Retirement Association of Colorado now owns 152,362 shares of the semiconductor manufacturer’s stock worth $2,813,000 after buying an additional 646 shares during the last quarter. FUKOKU MUTUAL LIFE INSURANCE Co lifted its position in Advanced Micro Devices by 19.0% in the fourth quarter. FUKOKU MUTUAL LIFE INSURANCE Co now owns 5,000 shares of the semiconductor manufacturer’s stock worth $92,000 after buying an additional 800 shares during the last quarter. Bessemer Group Inc. lifted its position in Advanced Micro Devices by 81.7% in the fourth quarter. Bessemer Group Inc. now owns 1,968 shares of the semiconductor manufacturer’s stock worth $37,000 after buying an additional 885 shares during the last quarter. Finally, Flagship Harbor Advisors LLC lifted its position in Advanced Micro Devices by 15.6% in the fourth quarter. Flagship Harbor Advisors LLC now owns 7,289 shares of the semiconductor manufacturer’s stock worth $134,000 after buying an additional 986 shares during the last quarter. Hedge funds and other institutional investors own 62.04% of the company’s stock.

In other Advanced Micro Devices news, SVP Harry A. Wolin sold 18,070 shares of Advanced Micro Devices stock in a transaction dated Thursday, December 27th. The stock was sold at an average price of $17.40, for a total value of $314,418.00. Following the transaction, the senior vice president now owns 1,366,877 shares in the company, valued at $23,783,659.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Devinder Kumar sold 35,027 shares of Advanced Micro Devices stock in a transaction dated Thursday, December 27th. The shares were sold at an average price of $17.40, for a total value of $609,469.80. Following the completion of the transaction, the chief financial officer now owns 617,282 shares in the company, valued at approximately $10,740,706.80. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 35,584,950 shares of company stock worth $832,024,691. Insiders own 1.80% of the company’s stock.

Shares of Advanced Micro Devices stock opened at $23.29 on Friday. The firm has a market cap of $23.61 billion, a PE ratio of 66.54, a PEG ratio of 2.14 and a beta of 3.40. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.36 and a current ratio of 1.78. Advanced Micro Devices, Inc. has a 12 month low of $9.04 and a 12 month high of $34.14.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings results on Tuesday, January 29th. The semiconductor manufacturer reported $0.08 EPS for the quarter, meeting the consensus estimate of $0.08. The firm had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.44 billion. Advanced Micro Devices had a return on equity of 37.84% and a net margin of 5.20%. During the same quarter last year, the firm posted $0.08 earnings per share. Sell-side analysts predict that Advanced Micro Devices, Inc. will post 0.52 earnings per share for the current year.

A number of brokerages recently issued reports on AMD. Daiwa Capital Markets set a $27.00 price target on Advanced Micro Devices and gave the stock a “buy” rating in a research report on Saturday, February 2nd. ValuEngine lowered Advanced Micro Devices from a “strong-buy” rating to a “buy” rating in a research note on Friday, March 1st. Cowen increased their target price on Advanced Micro Devices from $26.00 to $28.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 30th. JPMorgan Chase & Co. increased their target price on Advanced Micro Devices from $18.00 to $20.00 and gave the stock an “in-line” rating in a research note on Wednesday, January 30th. Finally, Bank of America reduced their target price on Advanced Micro Devices from $30.00 to $27.00 and set a “buy” rating on the stock in a research note on Thursday, December 20th. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and sixteen have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $25.41.

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Advanced Micro Devices Profile

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 (APU), chipsets, discrete and integrated graphics processing units (GPUs), and professional GPUs; and server and embedded processors, and semi-custom System-on-Chip (SoC) products and technology for game consoles.

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

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