Advanced Micro Devices INC (AMD) Holder Discovery Capital Management LLC Increased Holding by $226.57 Million

February 15, 2018 - By Louis Casey

Investors sentiment increased to 1.51 in 2017 Q3. Its up 0.23, from 1.28 in 2017Q2. It increased, 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. Walleye Trading Limited Liability owns 1.80 million shares or 0.11% of their US portfolio. Barclays Public Limited Liability Company has invested 0.03% of its portfolio in Advanced Micro Devices, Inc. (NASDAQ:AMD). Twin Tree LP holds 0.09% of its portfolio in Advanced Micro Devices, Inc. (NASDAQ:AMD) for 900,442 shares. Gateway Inv Advisers Limited Liability reported 476,590 shares stake. Alliancebernstein Limited Partnership stated it has 0.01% in Advanced Micro Devices, Inc. (NASDAQ:AMD). Mitsubishi Ufj Hldg Limited owns 3,430 shares. Nicholas Invest Partners LP invested 0.17% of its portfolio in Advanced Micro Devices, Inc. (NASDAQ:AMD). Nuveen Asset Management Ltd Liability Corporation owns 0% invested in Advanced Micro Devices, Inc. (NASDAQ:AMD) for 19,829 shares. Wealthfront Incorporated invested in 33,078 shares or 0.01% of the stock. Cibc Ww Inc has 0% invested in Advanced Micro Devices, Inc. (NASDAQ:AMD). Citigroup owns 846,875 shares or 0.01% of their US portfolio. Blackrock holds 0.04% or 58.49 million shares. First Tru Advisors LP stated it has 0.02% in Advanced Micro Devices, Inc. (NASDAQ:AMD). Texas Permanent School Fund accumulated 223,024 shares or 0.04% of the stock. Retail Bank Of Hawaii owns 25,990 shares for 0.03% of their portfolio.

Since August 14, 2017, it had 0 insider purchases, and 18 insider sales for $19.93 million activity. Another trade for 75,000 shares valued at $750,000 was made by ANDERSON JAMES ROBERT on Monday, December 11. Another trade for 100,000 shares valued at $1.16 million was sold by Papermaster Mark D. Norrod Forrest Eugene sold $725,625 worth of stock or 62,500 shares. KUMAR DEVINDER sold $1.41M worth of stock or 117,120 shares. 22,175 shares were sold by SMITH DARLA M, worth $270,535 on Tuesday, August 22. $906,556 worth of stock was sold by WOLIN HARRY A 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 21.88 million 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 $37.50 billion and $4.19 billion US Long portfolio, decreased its stake in Xilinx Inc (NASDAQ:XLNX) by 920,089 shares to 2.44M shares, valued at $172.68 million in 2017Q3, according to the filing. It also reduced its holding in Quintiles Ims Holdings Inc (NYSE:Q) by 80,499 shares in the quarter, leaving it with 983,501 shares, and cut its stake in Visa Inc (NYSE:V).

More notable recent Advanced Micro Devices, Inc. (NASDAQ:AMD) news were published by: which released: “Advanced Micro Devices, Inc. Takes Positive Path After Strong Quarter” on February 12, 2018, also with their article: “Nvidia And AMD: Don’t Overestimate The ‘Time Bomb'” published on February 15, 2018, published: “AMD: Rinse, Wash, Repeat, Profit” on February 08, 2018. More interesting news about Advanced Micro Devices, Inc. (NASDAQ:AMD) were released by: and their article: “Advanced Micro Devices, Inc. Stock Continues to Trade Sideways” published on February 06, 2018 as well as‘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 stock of Advanced Micro Devices, Inc. (NASDAQ:AMD) earned “Buy” rating by Craig Hallum on Wednesday, October 25. As per Wednesday, October 25, the company rating was maintained by Citigroup. The rating was maintained by M Partners with “Buy” on Monday, January 29. The firm has “Hold” rating given on Sunday, September 24 by Stifel Nicolaus. Morgan Stanley maintained Advanced Micro Devices, Inc. (NASDAQ:AMD) on Tuesday, January 23 with “Sell” rating. Morgan Stanley maintained Advanced Micro Devices, Inc. (NASDAQ:AMD) on Wednesday, October 25 with “Hold” rating. BMO Capital Markets maintained Advanced Micro Devices, Inc. (NASDAQ:AMD) on Tuesday, June 20 with “Buy” rating. The rating was maintained by Wells Fargo on Monday, July 31 with “Buy”. The company was maintained on Wednesday, July 12 by Canaccord Genuity. On Wednesday, June 21 the stock rating was maintained by Northland Capital with “Buy”.

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