Oregon Public Employees Retirement Fund Has $16.81 Million Stock Holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Oregon Public Employees Retirement Fund grew its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 0.4% during the fourth quarter, HoldingsChannel reports. The firm owned 139,156 shares of the semiconductor manufacturer’s stock after buying an additional 590 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Advanced Micro Devices were worth $16,809,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Oakwell Private Wealth Management LLC lifted its position in shares of Advanced Micro Devices by 2.5% during the 4th quarter. Oakwell Private Wealth Management LLC now owns 7,054 shares of the semiconductor manufacturer’s stock worth $852,000 after purchasing an additional 173 shares during the last quarter. Impact Investors Inc bought a new position in Advanced Micro Devices in the 4th quarter worth approximately $287,000. Fjell Capital LLC acquired a new position in shares of Advanced Micro Devices during the fourth quarter worth approximately $1,257,000. Cutter & CO Brokerage Inc. boosted its position in shares of Advanced Micro Devices by 20.0% in the fourth quarter. Cutter & CO Brokerage Inc. now owns 3,392 shares of the semiconductor manufacturer’s stock valued at $410,000 after acquiring an additional 565 shares during the period. Finally, ARK Investment Management LLC grew its stake in shares of Advanced Micro Devices by 53.6% in the fourth quarter. ARK Investment Management LLC now owns 1,206,588 shares of the semiconductor manufacturer’s stock worth $145,744,000 after acquiring an additional 421,275 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Advanced Micro Devices Price Performance

Shares of AMD stock opened at $103.96 on Wednesday. The company has a quick ratio of 1.83, a current ratio of 2.62 and a debt-to-equity ratio of 0.03. Advanced Micro Devices, Inc. has a 12 month low of $103.62 and a 12 month high of $227.30. The firm has a market cap of $168.47 billion, a price-to-earnings ratio of 105.01, a PEG ratio of 1.11 and a beta of 1.66. The stock has a 50-day moving average price of $118.05 and a 200 day moving average price of $137.65.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.07. Advanced Micro Devices had a net margin of 6.36% and a return on equity of 7.42%. Research analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Insider Activity at Advanced Micro Devices

In related news, CEO Lisa T. Su sold 76,496 shares of the firm’s stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $142.66, for a total transaction of $10,912,919.36. Following the sale, the chief executive officer now owns 3,566,762 shares of the company’s stock, valued at approximately $508,834,266.92. This trade represents a 2.10 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Philip Guido bought 4,645 shares of the firm’s stock in a transaction on Friday, February 7th. The stock was acquired at an average cost of $107.56 per share, with a total value of $499,616.20. Following the completion of the purchase, the executive vice president now owns 33,522 shares of the company’s stock, valued at approximately $3,605,626.32. This trade represents a 16.09 % increase in their position. The disclosure for this purchase can be found here. 0.65% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Wedbush reissued an “outperform” rating and issued a $150.00 price target on shares of Advanced Micro Devices in a report on Wednesday, February 5th. Citigroup restated a “buy” rating on shares of Advanced Micro Devices in a research note on Wednesday, February 19th. Bank of America cut their price target on Advanced Micro Devices from $155.00 to $135.00 and set a “neutral” rating for the company in a report on Wednesday, February 5th. Benchmark reissued a “buy” rating and set a $170.00 price objective on shares of Advanced Micro Devices in a report on Tuesday, February 18th. Finally, UBS Group set a $175.00 target price on Advanced Micro Devices in a research note on Wednesday, February 5th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating, nineteen have assigned a buy rating and three have issued a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $155.83.

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.