Yousif Capital Management LLC Acquires 4,915 Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

Yousif Capital Management LLC lifted its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 2.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 222,509 shares of the semiconductor manufacturer’s stock after purchasing an additional 4,915 shares during the quarter. Yousif Capital Management LLC’s holdings in Advanced Micro Devices were worth $32,800,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Cutter & CO Brokerage Inc. lifted its holdings in shares of Advanced Micro Devices by 10.0% during the fourth quarter. Cutter & CO Brokerage Inc. now owns 3,015 shares of the semiconductor manufacturer’s stock valued at $444,000 after purchasing an additional 275 shares in the last quarter. GAMMA Investing LLC bought a new position in shares of Advanced Micro Devices during the fourth quarter valued at $1,420,000. CV Advisors LLC bought a new position in Advanced Micro Devices in the fourth quarter valued at about $245,000. Linden Thomas Advisory Services LLC lifted its holdings in Advanced Micro Devices by 13.8% in the fourth quarter. Linden Thomas Advisory Services LLC now owns 15,946 shares of the semiconductor manufacturer’s stock valued at $2,351,000 after acquiring an additional 1,933 shares during the period. Finally, Community Bank & Trust Waco Texas bought a new position in Advanced Micro Devices in the fourth quarter valued at about $1,051,000. 71.34% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have weighed in on AMD shares. Morgan Stanley increased their target price on Advanced Micro Devices from $128.00 to $193.00 and gave the company an “overweight” rating in a report on Monday, January 29th. Melius upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating in a research report on Monday, January 8th. TD Cowen upped their price target on Advanced Micro Devices from $185.00 to $200.00 and gave the stock a “buy” rating in a research report on Thursday, April 18th. Wedbush restated an “outperform” rating and issued a $200.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, April 17th. Finally, Cantor Fitzgerald restated an “overweight” rating and issued a $190.00 price target on shares of Advanced Micro Devices in a research report on Monday, March 4th. Four analysts have rated the stock with a hold rating and twenty-seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $185.59.

Insiders Place Their Bets

In other Advanced Micro Devices news, insider Victor Peng sold 100,000 shares of the firm’s stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $175.11, for a total transaction of $17,511,000.00. Following the transaction, the insider now directly owns 241,266 shares in the company, valued at approximately $42,248,089.26. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, insider Victor Peng sold 100,000 shares of Advanced Micro Devices stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $175.11, for a total value of $17,511,000.00. Following the transaction, the insider now directly owns 241,266 shares in the company, valued at approximately $42,248,089.26. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Mark D. Papermaster sold 16,200 shares of Advanced Micro Devices stock in a transaction on Monday, April 15th. The shares were sold at an average price of $164.25, for a total value of $2,660,850.00. Following the completion of the transaction, the executive vice president now owns 1,554,602 shares in the company, valued at $255,343,378.50. The disclosure for this sale can be found here. Insiders have sold 341,143 shares of company stock worth $62,580,844 in the last ninety days. 0.65% of the stock is owned by company insiders.

Advanced Micro Devices Trading Up 2.4 %

Shares of AMD stock traded up $3.63 on Tuesday, reaching $152.27. 45,968,803 shares of the company’s stock were exchanged, compared to its average volume of 73,946,445. Advanced Micro Devices, Inc. has a 52 week low of $81.02 and a 52 week high of $227.30. The company has a current ratio of 2.51, a quick ratio of 1.86 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $246.09 billion, a PE ratio of 292.83, a P/E/G ratio of 2.23 and a beta of 1.64. The company’s fifty day simple moving average is $178.79 and its 200 day simple moving average is $149.88.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings results on Tuesday, January 30th. The semiconductor manufacturer reported $0.77 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.77. The firm had revenue of $6.17 billion during the quarter, compared to analyst estimates of $6.13 billion. Advanced Micro Devices had a return on equity of 5.73% and a net margin of 3.77%. Advanced Micro Devices’s quarterly revenue was up 10.2% compared to the same quarter last year. During the same period last year, the company earned $0.54 EPS. As a group, analysts forecast that Advanced Micro Devices, Inc. will post 2.64 EPS for the current year.

Advanced Micro Devices 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.