Calamos Advisors LLC Buys 592 Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

Calamos Advisors LLC grew its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 0.1% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 448,323 shares of the semiconductor manufacturer’s stock after buying an additional 592 shares during the quarter. Calamos Advisors LLC’s holdings in Advanced Micro Devices were worth $54,153,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Creative Capital Management Investments LLC grew its holdings in shares of Advanced Micro Devices by 124.6% during the third quarter. Creative Capital Management Investments LLC now owns 155 shares of the semiconductor manufacturer’s stock worth $25,000 after purchasing an additional 86 shares during the last quarter. Global Wealth Strategies & Associates bought a new stake in Advanced Micro Devices in the 4th quarter valued at about $26,000. Retirement Wealth Solutions LLC purchased a new stake in shares of Advanced Micro Devices in the fourth quarter worth about $32,000. FSA Wealth Management LLC bought a new stake in Advanced Micro Devices during the third quarter valued at approximately $41,000. Finally, Coston McIsaac & Partners boosted its stake in shares of Advanced Micro Devices by 319.4% in the 3rd quarter. Coston McIsaac & Partners now owns 260 shares of the semiconductor manufacturer’s stock valued at $42,000 after purchasing an additional 198 shares in the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Advanced Micro Devices Price Performance

Shares of NASDAQ:AMD opened at $114.27 on Tuesday. Advanced Micro Devices, Inc. has a twelve month low of $112.80 and a twelve month high of $227.30. The firm’s 50 day moving average price is $125.92 and its 200-day moving average price is $141.11. The stock has a market capitalization of $185.44 billion, a PE ratio of 102.95, a price-to-earnings-growth ratio of 1.03 and a beta of 1.66. The company has a quick ratio of 1.78, a current ratio of 2.50 and a debt-to-equity ratio of 0.03.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, CEO Lisa T. Su sold 76,496 shares of the firm’s stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $142.66, for a total value of $10,912,919.36. Following the completion of the transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.65% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. StockNews.com cut Advanced Micro Devices from a “hold” rating to a “sell” rating in a research note on Tuesday, January 14th. Cantor Fitzgerald reissued an “overweight” rating and set a $180.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, October 30th. The Goldman Sachs Group cut Advanced Micro Devices from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $175.00 to $129.00 in a report on Friday, January 10th. Citigroup cut their price objective on shares of Advanced Micro Devices from $200.00 to $175.00 and set a “buy” rating on the stock in a research report on Tuesday, January 21st. Finally, Wells Fargo & Company cut their price target on Advanced Micro Devices from $205.00 to $165.00 and set an “overweight” rating on the stock in a research report on Monday, January 13th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, nineteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $169.77.

Advanced Micro Devices 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.