Advanced Micro Devices, Inc. (AMD) Shares Sold by Tredje AP fonden

Tredje AP fonden reduced its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 5.1% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 152,270 shares of the semiconductor manufacturer’s stock after selling 8,220 shares during the period. Tredje AP fonden’s holdings in Advanced Micro Devices were worth $1,941,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Westfield Capital Management Co. LP acquired a new stake in shares of Advanced Micro Devices in the third quarter valued at approximately $6,472,000. Commerzbank Aktiengesellschaft FI raised its holdings in shares of Advanced Micro Devices by 6.5% in the third quarter. Commerzbank Aktiengesellschaft FI now owns 2,134,688 shares of the semiconductor manufacturer’s stock valued at $27,217,000 after purchasing an additional 130,796 shares during the last quarter. KBC Group NV raised its holdings in shares of Advanced Micro Devices by 7.0% in the third quarter. KBC Group NV now owns 114,372 shares of the semiconductor manufacturer’s stock valued at $1,458,000 after purchasing an additional 7,495 shares during the last quarter. Schwab Charles Investment Management Inc. raised its holdings in shares of Advanced Micro Devices by 8.9% in the third quarter. Schwab Charles Investment Management Inc. now owns 3,461,152 shares of the semiconductor manufacturer’s stock valued at $44,130,000 after purchasing an additional 284,051 shares during the last quarter. Finally, Mckinley Capital Management LLC Delaware acquired a new stake in shares of Advanced Micro Devices in the third quarter valued at approximately $1,914,000. Hedge funds and other institutional investors own 60.02% of the company’s stock.

AMD has been the topic of a number of recent research reports. Barclays reiterated an “underweight” rating and issued a $9.00 price objective on shares of Advanced Micro Devices in a report on Thursday, August 10th. Wells Fargo & Company reiterated an “outperform” rating on shares of Advanced Micro Devices in a report on Thursday, August 10th. Canaccord Genuity reiterated a “buy” rating and issued a $20.00 price objective on shares of Advanced Micro Devices in a report on Tuesday, August 15th. Bank of America reiterated a “buy” rating and issued a $18.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, August 16th. Finally, Rosenblatt Securities reissued a “buy” rating on shares of Advanced Micro Devices in a research note on Wednesday, August 23rd. Seven investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. Advanced Micro Devices presently has a consensus rating of “Hold” and a consensus target price of $14.02.

In other news, CEO Lisa T. Su sold 82,709 shares of the business’s stock in a transaction dated Monday, October 9th. The shares were sold at an average price of $13.62, for a total value of $1,126,496.58. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Forrest Eugene Norrod sold 62,500 shares of the business’s stock in a transaction dated Friday, September 8th. The shares were sold at an average price of $12.27, for a total transaction of $766,875.00. Following the completion of the sale, the senior vice president now directly owns 731,461 shares of the company’s stock, valued at approximately $8,975,026.47. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 1,274,783 shares of company stock valued at $15,346,419. Company insiders own 1.60% of the company’s stock.

Advanced Micro Devices, Inc. (NASDAQ AMD) opened at $10.00 on Thursday. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.70 and a quick ratio of 1.20. Advanced Micro Devices, Inc. has a 52-week low of $9.24 and a 52-week high of $15.65.

COPYRIGHT VIOLATION NOTICE: “Advanced Micro Devices, Inc. (AMD) Shares Sold by Tredje AP fonden” was originally reported by Community Financial News and is the sole property of of Community Financial News. If you are reading this news story on another publication, it was stolen and reposted in violation of United States & international copyright laws. The original version of this news story can be accessed at https://www.com-unik.info/2017/12/07/advanced-micro-devices-inc-amd-shares-sold-by-tredje-ap-fonden.html.

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)

What are top analysts saying about Advanced Micro Devices Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Advanced Micro Devices Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit