Advanced Micro Devices, Inc. (AMD) Shares Bought by Nationwide Fund Advisors

Nationwide Fund Advisors increased its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 9.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 639,029 shares of the semiconductor manufacturer’s stock after acquiring an additional 56,694 shares during the period. Nationwide Fund Advisors owned about 0.07% of Advanced Micro Devices worth $8,148,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. CAPROCK Group Inc. bought a new position in shares of Advanced Micro Devices in the 3rd quarter valued at about $140,000. Regal Investment Advisors LLC bought a new position in shares of Advanced Micro Devices in the 2nd quarter valued at about $137,000. Global X Management Co. LLC bought a new position in shares of Advanced Micro Devices in the 2nd quarter valued at about $143,000. National Planning Corp grew its position in shares of Advanced Micro Devices by 4.9% in the 2nd quarter. National Planning Corp now owns 12,890 shares of the semiconductor manufacturer’s stock valued at $157,000 after acquiring an additional 600 shares during the period. Finally, GSA Capital Partners LLP bought a new position in shares of Advanced Micro Devices in the 2nd quarter valued at about $168,000. Institutional investors and hedge funds own 60.02% of the company’s stock.

Advanced Micro Devices, Inc. (NASDAQ:AMD) opened at $9.94 on Friday. Advanced Micro Devices, Inc. has a 12-month low of $9.42 and a 12-month high of $15.65. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.70 and a quick ratio of 1.20.

In other Advanced Micro Devices news, SVP James Robert Anderson sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, September 22nd. The shares were sold at an average price of $13.26, for a total value of $265,200.00. Following the completion of the transaction, the senior vice president now directly owns 513,773 shares in the company, valued at approximately $6,812,629.98. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Devinder Kumar sold 113,519 shares of the company’s stock in a transaction that occurred on Wednesday, November 29th. The shares were sold at an average price of $11.04, for a total transaction of $1,253,249.76. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 1,212,283 shares of company stock valued at $14,579,544. 1.60% of the stock is owned by corporate insiders.

Several analysts recently commented on the stock. Jefferies Group reaffirmed a “buy” rating and set a $19.00 target price on shares of Advanced Micro Devices in a report on Wednesday, October 25th. Loop Capital reaffirmed a “hold” rating and set a $13.00 target price (down previously from $14.00) on shares of Advanced Micro Devices in a report on Wednesday, October 25th. BNP Paribas raised shares of Advanced Micro Devices from a “neutral” rating to an “outperform” rating in a report on Thursday, October 12th. BMO Capital Markets reaffirmed a “hold” rating and set a $15.00 target price on shares of Advanced Micro Devices in a report on Wednesday, October 18th. Finally, Deutsche Bank reaffirmed a “hold” rating and set a $12.00 target price on shares of Advanced Micro Devices in a report on Thursday, September 21st. Seven equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $14.02.

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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.

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

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