American Century Companies Inc. increased its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 6.1% in the fourth quarter, HoldingsChannel reports. The firm owned 4,134,446 shares of the semiconductor manufacturer’s stock after acquiring an additional 238,485 shares during the quarter. American Century Companies Inc.’s holdings in Advanced Micro Devices were worth $42,502,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Bronfman E.L. Rothschild L.P. grew its stake in Advanced Micro Devices by 1,655.2% in the 3rd quarter. Bronfman E.L. Rothschild L.P. now owns 8,741 shares of the semiconductor manufacturer’s stock valued at $111,000 after acquiring an additional 8,243 shares during the last quarter. First Personal Financial Services acquired a new stake in Advanced Micro Devices in the 3rd quarter valued at about $127,000. 1492 Capital Management LLC acquired a new stake in Advanced Micro Devices in the 3rd quarter valued at about $128,000. Cetera Investment Advisers acquired a new stake in Advanced Micro Devices in the 3rd quarter valued at about $137,000. Finally, Ausdal Financial Partners Inc. acquired a new stake in Advanced Micro Devices in the 3rd quarter valued at about $139,000. Institutional investors and hedge funds own 60.94% of the company’s stock.

In other news, insider Mark D. Papermaster sold 34,330 shares of the firm’s stock in a transaction that occurred on Wednesday, December 27th. The shares were sold at an average price of $10.62, for a total transaction of $364,584.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Mark D. Papermaster sold 173,630 shares of the firm’s stock in a transaction that occurred on Tuesday, January 16th. The stock was sold at an average price of $12.08, for a total transaction of $2,097,450.40. Following the sale, the insider now directly owns 1,331,579 shares of the company’s stock, valued at approximately $16,085,474.32. The disclosure for this sale can be found here. Insiders have sold 1,394,119 shares of company stock worth $15,639,964 in the last quarter. Insiders own 1.60% of the company’s stock.

Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) opened at $11.68 on Tuesday. The stock has a market cap of $11,270.00, a P/E ratio of 389.33, a PEG ratio of 4.82 and a beta of 2.70. Advanced Micro Devices, Inc. has a 12 month low of $9.70 and a 12 month high of $15.65. The company has a debt-to-equity ratio of 2.17, a quick ratio of 1.27 and a current ratio of 1.76.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings data on Tuesday, January 30th. The semiconductor manufacturer reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.04. The company had revenue of $1.48 billion for the quarter, compared to analyst estimates of $1.40 billion. Advanced Micro Devices had a net margin of 0.81% and a return on equity of 16.76%. The business’s quarterly revenue was up 33.8% on a year-over-year basis. During the same quarter last year, the firm posted ($0.01) earnings per share. sell-side analysts forecast that Advanced Micro Devices, Inc. will post 0.3 EPS for the current fiscal year.

Several equities research analysts have issued reports on the stock. Zacks Investment Research cut shares of Advanced Micro Devices from a “buy” rating to a “hold” rating in a research note on Monday, February 5th. Vetr raised shares of Advanced Micro Devices from a “sell” rating to a “hold” rating and set a $13.28 price target on the stock in a research note on Monday, February 5th. BidaskClub cut shares of Advanced Micro Devices from a “hold” rating to a “sell” rating in a research note on Tuesday, December 5th. Susquehanna Bancshares decreased their price target on shares of Advanced Micro Devices from $15.00 to $13.00 and set a “neutral” rating on the stock in a research note on Thursday, January 18th. Finally, Argus raised shares of Advanced Micro Devices from a “hold” rating to a “buy” rating and raised their price target for the stock from $13.74 to $18.00 in a research note on Thursday, February 1st. Four analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and twelve have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $14.87.

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Advanced Micro Devices Profile

Advanced Micro Devices, Inc is a global semiconductor company. The Company is engaged in offering x86 microprocessors, as standalone devices or as incorporated into an accelerated processing unit (APU), chipsets, discrete graphics processing units (GPUs) and professional graphics, 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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