Mitsubishi UFJ Kokusai Asset Management Co. Ltd. Buys 5,822 Shares of Advanced Micro Devices, Inc. (AMD)

Mitsubishi UFJ Kokusai Asset Management Co. Ltd. grew its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 4.9% in the fourth quarter, Holdings Channel reports. The fund owned 124,412 shares of the semiconductor manufacturer’s stock after purchasing an additional 5,822 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in Advanced Micro Devices were worth $1,437,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. NF Trinity Capital Hong Kong Ltd acquired a new stake in shares of Advanced Micro Devices during the 4th quarter worth about $2,652,000. Crossmark Global Holdings Inc. increased its position in shares of Advanced Micro Devices by 20.3% during the 4th quarter. Crossmark Global Holdings Inc. now owns 54,988 shares of the semiconductor manufacturer’s stock worth $565,000 after purchasing an additional 9,286 shares during the last quarter. American Century Companies Inc. increased its position in shares of Advanced Micro Devices by 6.1% during the 4th quarter. American Century Companies Inc. now owns 4,134,446 shares of the semiconductor manufacturer’s stock worth $42,502,000 after purchasing an additional 238,485 shares during the last quarter. Public Employees Retirement Association of Colorado increased its position in shares of Advanced Micro Devices by 3.8% during the 4th quarter. Public Employees Retirement Association of Colorado now owns 159,664 shares of the semiconductor manufacturer’s stock worth $1,641,000 after purchasing an additional 5,905 shares during the last quarter. Finally, CI Investments Inc. increased its position in shares of Advanced Micro Devices by 17.3% during the 4th quarter. CI Investments Inc. now owns 8,593,176 shares of the semiconductor manufacturer’s stock worth $88,338,000 after purchasing an additional 1,270,283 shares during the last quarter. 60.94% of the stock is owned by institutional investors and hedge funds.

A number of analysts recently issued reports on AMD shares. Jefferies Group reissued a “buy” rating and set a $19.00 price objective on shares of Advanced Micro Devices in a research report on Friday, November 10th. Mizuho reissued a “buy” rating and set a $17.00 price objective on shares of Advanced Micro Devices in a research report on Tuesday, November 28th. Bank of America reissued a “buy” rating and set a $18.00 price objective on shares of Advanced Micro Devices in a research report on Tuesday, November 14th. Zacks Investment Research upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $13.00 target price for the company in a report on Friday, October 27th. Finally, Vetr cut Advanced Micro Devices from a “strong-buy” rating to a “buy” rating and set a $13.85 target price for the company. in a report on Friday, January 19th. Four equities research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and twelve have given a buy rating to the company’s stock. Advanced Micro Devices has a consensus rating of “Hold” and a consensus price target of $14.87.

In other news, CAO Darla M. Smith sold 18,001 shares of Advanced Micro Devices stock in a transaction dated Wednesday, November 22nd. The stock was sold at an average price of $11.37, for a total value of $204,671.37. Following the completion of the transaction, the chief accounting officer now owns 19,078 shares in the company, valued at approximately $216,916.86. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Devinder Kumar sold 99,207 shares of Advanced Micro Devices stock in a transaction dated Friday, November 17th. The shares were sold at an average price of $11.45, for a total value of $1,135,920.15. Following the completion of the transaction, the chief financial officer now owns 408,333 shares of the company’s stock, valued at approximately $4,675,412.85. The disclosure for this sale can be found here. Insiders sold a total of 1,394,119 shares of company stock valued at $15,639,964 in the last quarter. Company insiders own 1.60% of the company’s stock.

Advanced Micro Devices, Inc. (NASDAQ AMD) opened at $11.68 on Tuesday. The company has a debt-to-equity ratio of 2.17, a current ratio of 1.76 and a quick ratio of 1.27. The stock has a market capitalization of $11,270.00, a PE ratio of 389.33, a PEG ratio of 4.82 and a beta of 2.70. Advanced Micro Devices, Inc. has a 52 week low of $9.70 and a 52 week high of $15.65.

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

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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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