Werba Rubin Papier Wealth Management makes a new investment in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Werba Rubin Papier Wealth Management acquired a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 1,259 shares of the semiconductor manufacturer’s stock, valued at approximately $204,000.

A number of other institutional investors have also recently modified their holdings of AMD. Ausdal Financial Partners Inc. increased its position in Advanced Micro Devices by 10.9% in the second quarter. Ausdal Financial Partners Inc. now owns 5,365 shares of the semiconductor maker’s stock worth $870,000 after buying an additional 528 shares during the last quarter. Ballentine Partners LLC boosted its stake in shares of Advanced Micro Devices by 1.5% in the second quarter. Ballentine Partners LLC now owns 29,885 shares of the semiconductor maker’s stock worth $4,848,000 after buying an additional 442 shares during the last quarter. Caprock Group LLC boosted its holdings in Advanced Micro Devices by 40.9% in the second quarter. Caprock Group LLC now owns 27,563 shares of the semiconductor maker’s stock valued at $4,471,000 after purchasing an additional 8,005 shares during the period. Certuity LLC boosted its stake in Advanced Micro Devices by 9.8% in the second quarter. Certuity LLC now owns 10,400 shares of the semiconductor maker’s stock worth $1,687,000 after purchasing an additional 928 shares during the last quarter. Finally, Napean Trading & Investment Co Singapore PTE Ltd boosted its holdings in Advanced Micro Devices by 8.4% during the second quarter. Napean Trading & Investment Co Singapore PTE Ltd now owns 114,290 shares of the semiconductor maker’s stock worth $18,539,000 after acquiring an additional 8,854 shares during the period. 71.34% of shares are held by institutional investors.

Insider buying and selling

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 16,756 shares of Advanced Micro Devices stock in a transaction on Monday, July 15th. The shares were sold at an average price of $184.50, for a total transaction of $3,091,482.00. Following the completion of the transaction, the executive vice president now directly owns 1,546,227 shares of the company’s stock, valued at $285,278,881.50. The transaction was disclosed in a filing with the SEC, which is available on the SEC’s website. In other news, EVP Mark D. Papermaster sold 16,200 shares of the business’s stock in a transaction dated Friday, June 14th. The shares were sold at an average price of $158.94, for a total value of $2,574,828.00. Following the completion of the sale, the executive vice president now owns 1,546,227 shares of the company’s stock, valued at $245,757,319.38. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Mark D. Papermaster sold 16,756 shares of the company’s stock in a transaction dated Monday, July 15th. The shares were sold at an average price of $184.50, for a total transaction of $3,091,482.00. Following the transaction, the executive vice president now directly owns 1,546,227 shares in the company, valued at $285,278,881.50. The disclosure for this sale can be found here. 0.73% of shares are owned by insiders.

The Wall Street analyst weighs in

AMD has been the subject of several recent research reports. Robert W. Baird cut their price target on Advanced Micro Devices from $200.00 to $175.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 31st. KeyCorp cut their price target on Advanced Micro Devices from $230.00 to $220.00 and set an “overweight” rating for the company in a research note on Tuesday, July 9th. Barclays reduced their price objective on shares of Advanced Micro Devices from $235.00 to $180.00 and set an “overweight” rating for the company in a report on Monday, July 29th. Bank of America cut their price target on shares of Advanced Micro Devices from $195.00 to $180.00 and set a “buy” rating on the stock in a report on Wednesday, July 31st. Finally, Rosenblatt Securities restated a “buy” rating and issued a $250.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, July 31st. One investment analyst has rated the stock with a sell rating, three have given a hold rating, twenty-eight have given a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $193.45, based on data from MarketBeat.

Read our latest report on advanced microdevices

Stock performance of advanced microdevices

AMD stock opened at $134.35 on Monday. The stock has a market cap of $217.15 billion, a P/E ratio of 197.57, a P/E/G ratio of 2.03 and a beta of 1.69. The company has a fifty day moving average price of $151.31 and a two hundred day moving average price of $162.87. Advanced Micro Devices, Inc. has a one year low of $93.11 and a one year high of $227.30. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.82, and a quick ratio of 2.01.

Advanced Micro Devices (NASDAQ:AMD – Get Free Report ) last posted its quarterly earnings results on Tuesday, July 30th. The semiconductor maker reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.01. The business had revenue of $5.84 billion during the quarter, compared to analysts’ expectations of $5.72 billion. Advanced Micro Devices had a return on equity of 5.98% and a net margin of 5.82%. Advanced Micro Devices’s quarterly revenue was up 8.9% on a year-over-year basis. In the same quarter last year, the company posted earnings of $0.40 per share. As a group, equities analysts predict that Advanced Micro Devices, Inc. will post 2.56 EPS for the current year.

About advanced microdevices

(Free report)

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

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