Nisa Investment Advisors LLC raised its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 35.4% during the second quarter, Holdings Channel reports. The fund owned 15,300 shares of the semiconductor manufacturer’s stock after buying an additional 4,000 shares during the period. Nisa Investment Advisors LLC’s holdings in Advanced Micro Devices were worth $191,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. LS Investment Advisors LLC raised its stake in Advanced Micro Devices by 12.1% in the second quarter. LS Investment Advisors LLC now owns 26,440 shares of the semiconductor manufacturer’s stock worth $330,000 after buying an additional 2,863 shares during the last quarter. Oregon Public Employees Retirement Fund purchased a new stake in shares of Advanced Micro Devices during the second quarter worth about $1,027,000. Mn Services Vermogensbeheer B.V. increased its stake in shares of Advanced Micro Devices by 538.3% in the second quarter. Mn Services Vermogensbeheer B.V. now owns 134,115 shares of the semiconductor manufacturer’s stock worth $1,674,000 after buying an additional 113,104 shares during the period. Chevy Chase Trust Holdings Inc. increased its stake in shares of Advanced Micro Devices by 0.4% in the second quarter. Chevy Chase Trust Holdings Inc. now owns 667,585 shares of the semiconductor manufacturer’s stock worth $8,332,000 after buying an additional 2,574 shares during the period. Finally, National Pension Service increased its stake in shares of Advanced Micro Devices by 10.5% in the second quarter. National Pension Service now owns 885,866 shares of the semiconductor manufacturer’s stock worth $11,162,000 after buying an additional 84,271 shares during the period. Hedge funds and other institutional investors own 56.37% of the company’s stock.

Shares of Advanced Micro Devices, Inc. (NASDAQ AMD) traded down 1.498% during mid-day trading on Wednesday, hitting $12.825. 32,477,100 shares of the stock traded hands. Advanced Micro Devices, Inc. has a one year low of $5.66 and a one year high of $15.65. The stock has a 50-day moving average of $13.40 and a 200 day moving average of $12.92. The stock’s market cap is $12.14 billion.

Advanced Micro Devices (NASDAQ:AMD) last released its earnings results on Tuesday, July 25th. The semiconductor manufacturer reported $0.02 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.02) by $0.04. The company had revenue of $1.22 billion during the quarter, compared to analysts’ expectations 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 revenue was up 19.0% on a year-over-year basis. During the same period in the prior year, the business posted ($0.05) EPS. Equities analysts predict that Advanced Micro Devices, Inc. will post $0.10 EPS for the current fiscal year.

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A number of brokerages recently issued reports on AMD. Goldman Sachs Group, Inc. (The) set a $11.00 price target on shares of Advanced Micro Devices and gave the stock a “sell” rating in a report on Wednesday, July 26th. Vetr raised shares of Advanced Micro Devices from a “buy” rating to a “strong-buy” rating and set a $15.99 price target on the stock in a report on Monday, June 26th. Zacks Investment Research downgraded shares of Advanced Micro Devices from a “buy” rating to a “hold” rating in a report on Monday, July 24th. Oppenheimer Holdings, Inc. reissued a “market perform” rating on shares of Advanced Micro Devices in a report on Friday, June 23rd. Finally, Northland Securities reaffirmed a “buy” rating and set a $17.50 price objective on shares of Advanced Micro Devices in a report on Friday, June 23rd. Five research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Advanced Micro Devices currently has a consensus rating of “Hold” and an average price target of $14.18.

In other Advanced Micro Devices news, Director Mubadala Investment Co Pjsc sold 40,000,000 shares of the firm’s stock in a transaction on Friday, August 4th. The stock was sold at an average price of $525,600,000.00, for a total value of $21,024,000,000,000,000.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Darla M. Smith sold 9,620 shares of the firm’s stock in a transaction on Tuesday, May 23rd. The shares were sold at an average price of $10.98, for a total value of $105,627.60. Following the completion of the sale, the insider now owns 19,808 shares in the company, valued at $217,491.84. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 41,751,522 shares of company stock valued at $21,024,000,022,569,700. Company insiders own 1.60% of the company’s stock.

About Advanced Micro Devices

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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