Jacobs & Co. CA Has $492,000 Holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Jacobs & Co. CA lifted its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 112.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 17,000 shares of the semiconductor manufacturer’s stock after buying an additional 8,995 shares during the period. Jacobs & Co. CA’s holdings in Advanced Micro Devices were worth $492,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in AMD. FinTrust Capital Advisors LLC increased its holdings in Advanced Micro Devices by 177.2% in the third quarter. FinTrust Capital Advisors LLC now owns 887 shares of the semiconductor manufacturer’s stock valued at $26,000 after purchasing an additional 567 shares during the period. Trust Co. of Vermont increased its holdings in Advanced Micro Devices by 1,153.8% in the third quarter. Trust Co. of Vermont now owns 978 shares of the semiconductor manufacturer’s stock valued at $28,000 after purchasing an additional 900 shares during the period. First PREMIER Bank acquired a new stake in Advanced Micro Devices in the second quarter valued at $30,000. Doyle Wealth Management bought a new stake in Advanced Micro Devices during the second quarter valued at $31,000. Finally, Ropes Wealth Advisors LLC boosted its position in Advanced Micro Devices by 182.9% during the second quarter. Ropes Wealth Advisors LLC now owns 1,160 shares of the semiconductor manufacturer’s stock valued at $35,000 after acquiring an additional 750 shares during the last quarter. Institutional investors own 62.58% of the company’s stock.

NASDAQ AMD traded up $0.01 during trading hours on Friday, hitting $36.29. The company’s stock had a trading volume of 39,353,800 shares, compared to its average volume of 68,765,516. Advanced Micro Devices, Inc. has a 52 week low of $16.03 and a 52 week high of $37.18. The company has a market capitalization of $40.26 billion, a PE ratio of 103.69, a price-to-earnings-growth ratio of 3.26 and a beta of 3.07. The company has a current ratio of 2.10, a quick ratio of 1.54 and a debt-to-equity ratio of 0.40. The company’s 50-day simple moving average is $31.24 and its two-hundred day simple moving average is $30.51.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings data on Tuesday, October 29th. The semiconductor manufacturer reported $0.18 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.04. Advanced Micro Devices had a net margin of 3.47% and a return on equity of 16.54%. The business had revenue of $1.80 billion during the quarter, compared to analyst estimates of $1.81 billion. During the same period in the previous year, the business earned $0.13 EPS. Advanced Micro Devices’s revenue was up 9.0% compared to the same quarter last year. Research analysts anticipate that Advanced Micro Devices, Inc. will post 0.46 EPS for the current fiscal year.

In other Advanced Micro Devices news, SVP Harry A. Wolin sold 90,672 shares of the firm’s stock in a transaction on Monday, August 12th. The shares were sold at an average price of $33.53, for a total value of $3,040,232.16. Following the completion of the transaction, the senior vice president now directly owns 1,060,495 shares of the company’s stock, valued at approximately $35,558,397.35. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, SVP Paul Darren Grasby sold 6,000 shares of the firm’s stock in a transaction on Wednesday, September 4th. The shares were sold at an average price of $31.30, for a total transaction of $187,800.00. Following the completion of the transaction, the senior vice president now directly owns 33,113 shares of the company’s stock, valued at $1,036,436.90. The disclosure for this sale can be found here. Insiders sold a total of 1,557,673 shares of company stock valued at $50,665,943 over the last quarter. 1.50% of the stock is owned by company insiders.

A number of brokerages have commented on AMD. JPMorgan Chase & Co. upped their price target on shares of Advanced Micro Devices from $25.00 to $33.00 and gave the company a “neutral” rating in a research report on Wednesday, July 31st. Citigroup reaffirmed a “sell” rating on shares of Advanced Micro Devices in a research report on Wednesday, October 30th. Craig Hallum cut shares of Advanced Micro Devices from a “buy” rating to a “hold” rating and set a $33.00 price target on the stock. in a research report on Wednesday, July 31st. Argus upped their price target on shares of Advanced Micro Devices to $40.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. Finally, UBS Group upped their price target on shares of Advanced Micro Devices from $31.00 to $34.00 and gave the company a “neutral” rating in a research report on Wednesday, October 30th. One equities research analyst has rated the stock with a sell rating, sixteen have issued a hold rating and thirteen have issued a buy rating to the company’s stock. Advanced Micro Devices currently has an average rating of “Hold” and an average target price of $34.76.

Advanced Micro Devices Company Profile

Advanced Micro Devices, Inc operates as a semiconductor company worldwide. The company operates in two segments, Computing and Graphics; and Enterprise, Embedded and Semi-Custom. Its products include x86 microprocessors as an accelerated processing unit (APU), chipsets, discrete and integrated graphics processing units (GPUs), and professional GPUs; 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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