Crossmark Global Holdings Inc. Buys New Stake in Advanced Micro Devices, Inc. (AMD)

Crossmark Global Holdings Inc. bought a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 45,702 shares of the semiconductor manufacturer’s stock, valued at approximately $583,000.

A number of other institutional investors have also recently modified their holdings of the stock. Coldstream Capital Management Inc. increased its position in Advanced Micro Devices by 0.3% in the 2nd quarter. Coldstream Capital Management Inc. now owns 20,735 shares of the semiconductor manufacturer’s stock valued at $259,000 after buying an additional 60 shares in the last quarter. Wealthfront Inc. boosted its stake in Advanced Micro Devices by 0.5% during the 2nd quarter. Wealthfront Inc. now owns 20,050 shares of the semiconductor manufacturer’s stock valued at $250,000 after purchasing an additional 104 shares during the last quarter. Neuberger Berman Group LLC boosted its stake in Advanced Micro Devices by 0.4% during the 2nd quarter. Neuberger Berman Group LLC now owns 70,113 shares of the semiconductor manufacturer’s stock valued at $875,000 after purchasing an additional 272 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in Advanced Micro Devices by 0.6% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 57,571 shares of the semiconductor manufacturer’s stock valued at $718,000 after purchasing an additional 348 shares during the last quarter. Finally, National Planning Corp boosted its stake in Advanced Micro Devices by 4.9% during the 2nd quarter. National Planning Corp now owns 12,890 shares of the semiconductor manufacturer’s stock valued at $157,000 after purchasing an additional 600 shares during the last quarter. 58.63% of the stock is owned by institutional investors and hedge funds.

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A number of equities analysts have issued reports on AMD shares. Jefferies Group LLC set a $19.00 price target on Advanced Micro Devices and gave the company a “buy” rating in a research note on Wednesday, July 26th. Rosenblatt Securities reiterated a “buy” rating and set a $22.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, July 26th. Bank of America Corporation set a $18.00 price target on Advanced Micro Devices and gave the company a “buy” rating in a research note on Wednesday, July 26th. Mizuho reiterated a “buy” rating and set a $17.00 price target (up previously from $15.00) on shares of Advanced Micro Devices in a research note on Wednesday, July 26th. Finally, Zacks Investment Research upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $16.00 price target for the company in a research note on Monday, July 31st. Six equities research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. Advanced Micro Devices presently has an average rating of “Hold” and a consensus price target of $14.05.

Advanced Micro Devices, Inc. (AMD) opened at $11.38 on Friday. Advanced Micro Devices, Inc. has a 1-year low of $8.26 and a 1-year high of $15.65. The company has a current ratio of 1.70, a quick ratio of 1.20 and a debt-to-equity ratio of 2.61.

In other news, SVP Forrest Eugene Norrod sold 25,701 shares of the company’s stock in a transaction on Thursday, November 9th. The shares were sold at an average price of $11.21, for a total value of $288,108.21. Following the transaction, the senior vice president now owns 729,971 shares of the company’s stock, valued at $8,182,974.91. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, SVP James Robert Anderson sold 20,000 shares of the company’s stock in a transaction on Wednesday, August 23rd. The stock was sold at an average price of $12.10, for a total transaction of $242,000.00. Following the completion of the transaction, the senior vice president now directly owns 533,773 shares in the company, valued at approximately $6,458,653.30. The disclosure for this sale can be found here. In the last ninety days, insiders sold 1,312,587 shares of company stock worth $16,030,861. Insiders own 1.60% of the company’s stock.

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.

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

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