Skandia Omsesidigt Livforsakringsbolaget has a $3.25 million position in AMD
The most recent Form 13F filing that Livforsakringsbolaget Skandia Omsesidigt has made with the SEC indicates that during the third quarter, the insurance company’s holdings in $Advanced Micro Devices(AMD)$ were increased by 19.0%.
At the end of the period, the fund held a total of 51,298 shares of the semiconductor manufacturer’s stock.
This was achieved through additional purchases totaling 8,200 shares throughout the period.
The holdings of Advanced Micro Devices, owned by Livforsakringsbolaget Skandia Omsesidigt, had a value of $3,251,000 when the most recent reporting period ended.
Several hedge funds have recently adjusted the size of their company investments, a trend observed in the most recent few months. SouthState Corporation’s investment in Advanced Micro Devices saw a total increase of 234.5% during the company’s third-quarter reporting period.
As a result of SouthState Corp.’s purchase of an additional 272 shares during the most recent quarter, the company now directly owns 388 shares of the semiconductor manufacturer’s stock.
Each share of this stock is worth $25,000, and SouthState Corp.
During the third quarter of the fiscal year, TD Capital Management LLC invested in Advanced Micro Devices for $25,000.
TD Capital Management LLC and Householder Group Estate & Retirement Specialist LLC spent approximately $27,000 during the third quarter to acquire a new stake in Advanced Micro Devices.
This purchase was made during the company’s third quarter.
Mine & Arao Wealth Development & Management LLC successfully added 1,915.8% more Advanced Micro Devices stock to its portfolio over the second quarter.
Mine & Arao Wealth Creation & Management LLC currently possesses 383 shares of the stock held by the semiconductor manufacturer.
The current market value of these shares is $29,000.
The most recent fiscal quarter saw the company acquire an additional 364 shares, bringing the total number of shares it owns to 383, purchased during the most recent quarter.
Lastly, but most certainly not least, during the third quarter, IAG Wealth Partners LLC increased the percentage of Advanced Micro Devices in which it is invested by 189.9%.
This is certainly not the case to be considered the least of anything.
IAG Wealth Partners LLC now has a total of 458 shares of the company, which the semiconductor manufacturer owns, and these shares are worth a combined total of $29,000.
This is because the company made an additional purchase of 300 shares during the most recent quarter.
Most of the company’s stock is owned by institutional investors and hedge funds, which account for 67.17% of the company’s total shares.
Recent commentary from professionals specializing in equity research has been directed toward the share price of AMD. UBS Group moved its rating for Advanced Micro Devices from “neutral” to “buy” and increased its price objective for the stock from $75.00 to $95.00 in a research report disseminated on Monday, November 14th.
This adjustment was made in light of the fact that they decided to set a higher price objective for the stock. Stifel Nicolaus reaffirmed their “buy” rating on shares of Advanced Micro Devices and set a price objective of $90.00 on the stock in a research report published on Monday, November 14th. Stifel Nicolaus also set a price objective of $90.00 on the stock.
Truist Financial upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating and raised their price objective on the stock from $70.00 to $79.00 in a research note disseminated on Monday, January 23rd.
The note was included in a distribution of the company’s research note.
In a research report published on November 3rd, Goldman Sachs Group lowered its “buy” rating and target price for Advanced Micro Devices from $80.00 to $74.00.
They also decreased their target price from $75.00.
The research centered on Advanced Micro Devices (AMD). Sanford C.
Bernstein decreased their price target for Advanced Micro Devices stock from $95.00 to $80.00 and changed their rating for the company from “outperform” to “market perform” in a research report published on Tuesday, January 24th.
In addition, they lowered the rating they had previously given the company from “outperform” to “market perform.” One of the analysts recommended selling the stock, another recommended holding it, a third recommended buying, and one recommended strongly buying the stock.
The information discovered on Bloomberg.com indicates that the company is currently rated as having an average recommendation of “Moderate Buy,” It has a target price of $93.60.
The price of NASDAQ: AMD shares reached a new all-time high of $80.96 on Friday after an increase of $0.52. Only 36,012,572 of the company’s shares were traded, whereas the daily average volume of the stock’s trading is 56,327,297. Only 36,012,572 of the company’s shares were traded, whereas the daily average volume of the stock’s trading is 56,327,297.
The stock’s price-to-earnings ratio is 4.77, and its beta value is 1.95.
The company currently has a market capitalization of $130.46 billion.
During the most recent 52-week trading period, the share price of Advanced Micro Devices, INC experienced a range that went from a low of $54.57 to a high of $125.67.
The stock has been trading at $73.02 per share over the past 200 days, while its moving average price over the past 50 days is $74.44.
The ratio of current liabilities to current assets is 2.36, while the ratio of quick assets to current liabilities is 1.77.
The ratio of debt to equity is 0.05.
On January 31st, Advanced Micro Devices, which is publicly traded and whose stock is denoted by the symbol NASDAQ: AMD, released the most recent earnings report for the company.
The company that produces semiconductors reported earnings per share for the quarter of $0.69, which is $0.02 more than the analysts’ average expectation of $0.67, which the company developed.
The company was estimated to bring in $5.52 billion in revenue for the quarter, but it brought in $5.60 billion, a significant increase from that number.
A successful performance was delivered by Advanced Micro Devices, as evidenced by their high net margin of 5.59% and equity return of 8.52%, respectively. Compared to the same quarter in the previous year, the increase in revenue was 16.0% higher than expected.
source:beststocks
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