Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 51.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 200,824 shares of the semiconductor manufacturer’s stock after buying an additional 68,462 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Advanced Micro Devices were worth $2,506,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Hartford Investment Management Co. increased its position in Advanced Micro Devices by 2.3% in the second quarter. Hartford Investment Management Co. now owns 179,781 shares of the semiconductor manufacturer’s stock worth $2,244,000 after buying an additional 4,036 shares in the last quarter. Henderson Group PLC bought a new position in Advanced Micro Devices during the first quarter worth $1,425,000. Daiwa Securities Group Inc. bought a new position in Advanced Micro Devices during the first quarter worth $330,000. State Board of Administration of Florida Retirement System increased its position in Advanced Micro Devices by 3.7% in the first quarter. State Board of Administration of Florida Retirement System now owns 512,119 shares of the semiconductor manufacturer’s stock worth $7,451,000 after buying an additional 18,250 shares in the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. bought a new position in Advanced Micro Devices during the first quarter worth $32,395,000. Institutional investors and hedge funds own 59.15% of the company’s stock.

Advanced Micro Devices, Inc. (NASDAQ:AMD) opened at 13.19 on Friday. The company’s market cap is $12.49 billion. Advanced Micro Devices, Inc. has a 52 week low of $5.66 and a 52 week high of $15.65. The stock has a 50 day moving average price of $13.12 and a 200 day moving average price of $12.90. Advanced Micro Devices also was the recipient of unusually large options trading on Wednesday. Traders purchased 124,344 call options on the stock. This represents an increase of approximately 204% compared to the average volume of 40,889 call options.

Advanced Micro Devices (NASDAQ:AMD) last posted its earnings results on Tuesday, July 25th. The semiconductor manufacturer reported $0.02 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.02) by $0.04. The firm had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.16 billion. Advanced Micro Devices had a negative return on equity of 24.34% and a negative net margin of 11.82%. The business’s quarterly revenue was up 19.0% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.05) earnings per share. On average, equities analysts forecast that Advanced Micro Devices, Inc. will post $0.10 earnings per share for the current year.

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A number of research firms have weighed in on AMD. Morgan Stanley restated an “equal weight” rating on shares of Advanced Micro Devices in a research note on Monday, May 15th. Goldman Sachs Group, Inc. (The) restated a “sell” rating and issued a $10.60 price target on shares of Advanced Micro Devices in a research note on Monday, June 12th. Wells Fargo & Company restated an “outperform” rating and issued a $15.00 price target on shares of Advanced Micro Devices in a research note on Friday, June 30th. Mizuho restated a “buy” rating and issued a $14.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, May 17th. Finally, BMO Capital Markets restated an “outperform” rating and issued a $15.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, May 17th. Five equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. Advanced Micro Devices presently has an average rating of “Hold” and a consensus target price of $13.98.

In other Advanced Micro Devices news, CFO Devinder Kumar sold 121,356 shares of the stock in a transaction on Wednesday, August 23rd. The stock was sold at an average price of $12.13, for a total transaction of $1,472,048.28. Following the sale, the chief financial officer now owns 718,896 shares in the company, valued at $8,720,208.48. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Ahmed Yahia sold 80,000 shares of the stock in a transaction on Wednesday, August 9th. The stock was sold at an average price of $12.84, for a total value of $1,027,200.00. Following the sale, the director now owns 182,941 shares in the company, valued at approximately $2,348,962.44. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 41,956,790 shares of company stock worth $21,024,000,025,260,100. Company insiders own 1.60% of the company’s stock.

Advanced Micro Devices Company 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.

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

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