Coldstream Capital Management Inc. Has $5.74 Million Position in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Coldstream Capital Management Inc. boosted its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 16.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 35,715 shares of the semiconductor manufacturer’s stock after acquiring an additional 5,032 shares during the period. Coldstream Capital Management Inc.’s holdings in Advanced Micro Devices were worth $5,739,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Maia Wealth LLC bought a new position in Advanced Micro Devices in the second quarter worth $223,000. Great Valley Advisor Group Inc. lifted its holdings in shares of Advanced Micro Devices by 4.8% during the 2nd quarter. Great Valley Advisor Group Inc. now owns 29,046 shares of the semiconductor manufacturer’s stock worth $4,712,000 after acquiring an additional 1,339 shares during the period. TRUE Private Wealth Advisors boosted its position in shares of Advanced Micro Devices by 9.7% during the 2nd quarter. TRUE Private Wealth Advisors now owns 1,356 shares of the semiconductor manufacturer’s stock valued at $220,000 after acquiring an additional 120 shares in the last quarter. ORG Partners LLC increased its stake in Advanced Micro Devices by 808.7% in the second quarter. ORG Partners LLC now owns 2,190 shares of the semiconductor manufacturer’s stock valued at $345,000 after acquiring an additional 1,949 shares during the period. Finally, GPS Wealth Strategies Group LLC increased its stake in Advanced Micro Devices by 26.2% in the second quarter. GPS Wealth Strategies Group LLC now owns 31,446 shares of the semiconductor manufacturer’s stock valued at $5,101,000 after acquiring an additional 6,521 shares during the period. Institutional investors and hedge funds own 71.34% of the company’s stock.

Insider Activity

In other news, CEO Lisa T. Su sold 80,000 shares of Advanced Micro Devices stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $143.87, for a total transaction of $11,509,600.00. Following the completion of the transaction, the chief executive officer now directly owns 3,566,762 shares in the company, valued at approximately $513,150,048.94. The trade was a 2.19 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Forrest Eugene Norrod sold 40,540 shares of the stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $141.67, for a total value of $5,743,301.80. Following the completion of the sale, the executive vice president now owns 293,347 shares in the company, valued at approximately $41,558,469.49. This trade represents a 12.14 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 197,036 shares of company stock valued at $28,165,821 in the last quarter. Company insiders own 0.65% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on AMD shares. Evercore ISI lifted their price objective on Advanced Micro Devices from $193.00 to $198.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. Barclays decreased their price target on Advanced Micro Devices from $180.00 to $170.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 30th. Rosenblatt Securities reiterated a “buy” rating and set a $250.00 price objective on shares of Advanced Micro Devices in a research note on Monday, October 28th. Morgan Stanley reduced their target price on shares of Advanced Micro Devices from $178.00 to $169.00 and set an “equal weight” rating on the stock in a research note on Wednesday, October 30th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $180.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, October 30th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, twenty-six have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $192.36.

Advanced Micro Devices Stock Performance

Shares of NASDAQ AMD opened at $130.87 on Tuesday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.78 and a current ratio of 2.50. The stock has a 50 day moving average price of $149.48 and a 200 day moving average price of $153.01. The stock has a market capitalization of $212.38 billion, a PE ratio of 117.90, a price-to-earnings-growth ratio of 1.91 and a beta of 1.66. Advanced Micro Devices, Inc. has a 52 week low of $121.82 and a 52 week high of $227.30.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings data on Tuesday, October 29th. The semiconductor manufacturer reported $0.92 EPS for the quarter, meeting the consensus estimate of $0.92. The company had revenue of $6.82 billion during the quarter, compared to the consensus estimate of $6.71 billion. Advanced Micro Devices had a return on equity of 6.62% and a net margin of 7.52%. The firm’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.53 EPS. Analysts predict that Advanced Micro Devices, Inc. will post 2.54 earnings per share for the current fiscal year.

Advanced Micro Devices Company Profile

Advanced Micro Devices, Inc operates as a semiconductor company worldwide. It operates through Data Center, Client, Gaming, and Embedded segments. The company offers x86 microprocessors and graphics processing units (GPUs) as an accelerated processing unit, chipsets, data center, and professional GPUs; and embedded processors, and semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technology, data processing unites, field programmable gate arrays (FPGA), and adaptive SoC products.