Advanced Micro Devices INC (AMD) Stock Price Declined While Discovery Capital Management LLC Boosted Position

February 15, 2018 - By Clifton Ray

Investors sentiment increased to 1.51 in Q3 2017. Its up 0.23, from 1.28 in 2017Q2. It is positive, as 39 investors sold AMD shares while 107 reduced holdings. 80 funds opened positions while 140 raised stakes. 559.57 million shares or 2.90% more from 543.78 million shares in 2017Q2 were reported. Acg Wealth holds 0.4% in Advanced Micro Devices, Inc. (NASDAQ:AMD) or 178,225 shares. Viking Fund Management has 0.1% invested in Advanced Micro Devices, Inc. (NASDAQ:AMD). Public Employees Retirement System Of Ohio, Ohio-based fund reported 506,425 shares. Integral Derivatives Ltd Liability Com holds 0.05% or 202,584 shares in its portfolio. Exane Derivatives invested in 0.01% or 6,206 shares. 2.40M are owned by State Of New Jersey Common Pension Fund D. Ls Investment Advsr Lc accumulated 27,259 shares. Fincl Bank Of Montreal Can, a Ontario – Canada-based fund reported 949,415 shares. Gp One Trading Limited Partnership, Illinois-based fund reported 2.98 million shares. Lpl Financial Limited Liability Co accumulated 102,603 shares. Ibm Retirement Fund owns 12,225 shares. Ameriprise Financial reported 513,869 shares. Criterion Capital Limited Co reported 1.69 million shares. Macquarie Gru accumulated 0% or 155,217 shares. Gulf Interest Bancshares (Uk) Limited holds 0.04% or 249,700 shares.

Since August 14, 2017, it had 0 insider buys, and 18 selling transactions for $19.93 million activity. On Monday, January 15 WOLIN HARRY A sold $906,556 worth of Advanced Micro Devices, Inc. (NASDAQ:AMD) or 75,046 shares. Su Lisa T had sold 125,000 shares worth $1.26 million. Shares for $270,535 were sold by SMITH DARLA M on Tuesday, August 22. $912,918 worth of Advanced Micro Devices, Inc. (NASDAQ:AMD) shares were sold by KUMAR DEVINDER. $725,625 worth of stock was sold by Norrod Forrest Eugene on Wednesday, January 3. Papermaster Mark D also sold $2.10M worth of Advanced Micro Devices, Inc. (NASDAQ:AMD) on Monday, January 15.

Rob Citrone increased its stake in Advanced Micro Devices Inc (AMD) by 629.36% based on its latest 2017Q3 regulatory filing with the SEC. Discovery Capital Management Llc bought 18.88M shares as the company’s stock declined 13.10% while stock markets rallied. The hedge fund run by Rob Citrone held 21.88M shares of the technology company at the end of 2017Q3, valued at $278.98M, up from 3.00M at the end of the previous reported quarter. Discovery Capital Management Llc who had been investing in Advanced Micro Devices Inc for a number of months, seems to be bullish on the $11.69 billion market cap company. The stock decreased 0.66% or $0.08 during the last trading session, reaching $12.12. About 47.64M shares traded. Advanced Micro Devices, Inc. (NASDAQ:AMD) has risen 202.65% since February 15, 2017 and is uptrending. It has outperformed by 185.95% the S&P500.

Discovery Capital Management Llc, which manages about $37.50B and $4.19 billion US Long portfolio, decreased its stake in Esperion Therapeutics Ord (NASDAQ:ESPR) by 182,000 shares to 783,059 shares, valued at $39.25 million in 2017Q3, according to the filing. It also reduced its holding in Alibaba Group Hldg Ltd (NYSE:BABA) by 258,630 shares in the quarter, leaving it with 270,270 shares, and cut its stake in Huntington Ingalls Inds Inc (NYSE:HII).

More notable recent Advanced Micro Devices, Inc. (NASDAQ:AMD) news were published by: Investorplace.com which released: “Why Advanced Micro Devices, Inc. Stock Is the Perfect Buy” on February 14, 2018, also Businesswire.com with their article: “Robbins Arroyo LLP: Advanced Micro Devices, Inc. (AMD) Misled Shareholders …” published on February 14, 2018, Investorplace.com published: “Advanced Micro Devices, Inc. Stock Continues to Trade Sideways” on February 06, 2018. More interesting news about Advanced Micro Devices, Inc. (NASDAQ:AMD) were released by: Seekingalpha.com and their article: “Nvidia And AMD: Don’t Overestimate The ‘Time Bomb'” published on February 15, 2018 as well as Seekingalpha.com‘s news article titled: “AMD’s Hidden Strategy” with publication date: February 02, 2018.

Advanced Micro Devices, Inc. (NASDAQ:AMD) Ratings Coverage

Among 31 analysts covering Advanced Micro (NASDAQ:AMD), 12 have Buy rating, 6 Sell and 13 Hold. Therefore 39% are positive. Advanced Micro had 103 analyst reports since August 13, 2015 according to SRatingsIntel. The firm has “Market Perform” rating by Bernstein given on Friday, September 11. As per Tuesday, September 22, the company rating was upgraded by Vetr. The stock of Advanced Micro Devices, Inc. (NASDAQ:AMD) has “Buy” rating given on Tuesday, June 20 by BMO Capital Markets. Deutsche Bank maintained Advanced Micro Devices, Inc. (NASDAQ:AMD) rating on Wednesday, September 14. Deutsche Bank has “Hold” rating and $5 target. The firm has “Hold” rating given on Monday, July 24 by Susquehanna. Argus Research upgraded Advanced Micro Devices, Inc. (NASDAQ:AMD) on Thursday, February 1 to “Buy” rating. Canaccord Genuity maintained the shares of AMD in report on Tuesday, November 7 with “Buy” rating. The stock of Advanced Micro Devices, Inc. (NASDAQ:AMD) earned “Buy” rating by Jefferies on Tuesday, October 3. The firm earned “Buy” rating on Monday, November 6 by Rosenblatt. The firm has “Sell” rating given on Wednesday, October 25 by Goldman Sachs.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter: