Schaper Benz & Wise Investment Counsel Inc. WI Takes $222,000 Position in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Schaper Benz & Wise Investment Counsel Inc. WI bought a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMDGet Rating) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 1,540 shares of the semiconductor manufacturer’s stock, valued at approximately $222,000.

Other institutional investors also recently bought and sold shares of the company. Ameritas Advisory Services LLC acquired a new stake in Advanced Micro Devices in the 4th quarter valued at approximately $2,259,000. State of Alaska Department of Revenue grew its stake in shares of Advanced Micro Devices by 0.3% in the fourth quarter. State of Alaska Department of Revenue now owns 420,313 shares of the semiconductor manufacturer’s stock worth $60,481,000 after acquiring an additional 1,307 shares in the last quarter. RFG Advisory LLC acquired a new position in shares of Advanced Micro Devices in the fourth quarter worth $415,000. United Capital Financial Advisers LLC grew its stake in shares of Advanced Micro Devices by 4.8% in the third quarter. United Capital Financial Advisers LLC now owns 21,885 shares of the semiconductor manufacturer’s stock worth $2,252,000 after acquiring an additional 1,010 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. grew its stake in shares of Advanced Micro Devices by 86.6% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 66,031 shares of the semiconductor manufacturer’s stock worth $9,503,000 after acquiring an additional 30,645 shares in the last quarter. Hedge funds and other institutional investors own 69.61% of the company’s stock.

Several equities analysts have commented on the stock. StockNews.com assumed coverage on shares of Advanced Micro Devices in a research note on Thursday, March 31st. They issued a “hold” rating for the company. Bank of America boosted their price target on shares of Advanced Micro Devices from $175.00 to $190.00 and gave the stock a “buy” rating in a research note on Wednesday, February 2nd. Rosenblatt Securities lifted their price objective on shares of Advanced Micro Devices from $180.00 to $200.00 and gave the stock a “buy” rating in a research report on Wednesday, February 2nd. JPMorgan Chase & Co. lifted their price objective on shares of Advanced Micro Devices from $135.00 to $140.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 2nd. Finally, Wedbush reaffirmed an “outperform” rating and set a $165.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, January 19th. Twelve research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $140.59.

Shares of AMD stock traded up $8.06 during trading hours on Friday, hitting $95.12. The company’s stock had a trading volume of 137,973,398 shares, compared to its average volume of 102,524,344. The business has a fifty day moving average of $101.47 and a 200-day moving average of $122.22. The stock has a market cap of $114.08 billion, a price-to-earnings ratio of 35.36, a P/E/G ratio of 0.67 and a beta of 1.87. Advanced Micro Devices, Inc. has a twelve month low of $72.72 and a twelve month high of $164.46. The company has a current ratio of 2.40, a quick ratio of 1.96 and a debt-to-equity ratio of 0.03.

Advanced Micro Devices (NASDAQ:AMDGet Rating) last released its quarterly earnings results on Tuesday, May 3rd. The semiconductor manufacturer reported $1.13 EPS for the quarter, beating the consensus estimate of $0.91 by $0.22. The business had revenue of $5.89 billion for the quarter, compared to analyst estimates of $5.57 billion. Advanced Micro Devices had a net margin of 17.98% and a return on equity of 20.66%. The company’s quarterly revenue was up 70.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.47 earnings per share. On average, equities analysts expect that Advanced Micro Devices, Inc. will post 3.98 EPS for the current fiscal year.

In other Advanced Micro Devices news, CEO Lisa T. Su sold 100,000 shares of the firm’s stock in a transaction on Tuesday, February 15th. The shares were sold at an average price of $120.00, for a total transaction of $12,000,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John Edward Caldwell sold 10,000 shares of the firm’s stock in a transaction dated Friday, April 1st. The stock was sold at an average price of $109.28, for a total transaction of $1,092,800.00. Following the completion of the transaction, the director now owns 4,672 shares in the company, valued at $510,556.16. The disclosure for this sale can be found here. Insiders have sold 132,180 shares of company stock worth $15,849,540 in the last three months. Insiders own 1.00% of the company’s stock.

Advanced Micro Devices Company Profile (Get Rating)

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, chipsets, discrete and integrated graphics processing units (GPUs), data center and professional GPUs, and development services; and server and embedded processors, and semi-custom System-on-Chip (SoC) products, development services, and technology for game consoles.

Further Reading

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

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