Capital Analysts LLC Decreases Stock Position in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Capital Analysts LLC lessened its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 57.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 1,686 shares of the semiconductor manufacturer’s stock after selling 2,281 shares during the period. Capital Analysts LLC’s holdings in Advanced Micro Devices were worth $203,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the business. Two Sigma Securities LLC increased its stake in Advanced Micro Devices by 112.7% in the fourth quarter. Two Sigma Securities LLC now owns 4,536 shares of the semiconductor manufacturer’s stock worth $548,000 after purchasing an additional 40,324 shares during the period. Kovitz Investment Group Partners LLC increased its stake in Advanced Micro Devices by 2,265.5% in the fourth quarter. Kovitz Investment Group Partners LLC now owns 3,017,294 shares of the semiconductor manufacturer’s stock worth $364,459,000 after purchasing an additional 2,889,739 shares during the period. Stonebridge Capital Advisors LLC increased its stake in Advanced Micro Devices by 4.0% in the fourth quarter. Stonebridge Capital Advisors LLC now owns 65,883 shares of the semiconductor manufacturer’s stock worth $7,958,000 after purchasing an additional 2,535 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. increased its stake in Advanced Micro Devices by 33.5% in the fourth quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 403,727 shares of the semiconductor manufacturer’s stock worth $48,959,000 after purchasing an additional 101,405 shares during the period. Finally, Oxford Wealth Group LLC increased its stake in Advanced Micro Devices by 93.1% in the fourth quarter. Oxford Wealth Group LLC now owns 2,381 shares of the semiconductor manufacturer’s stock worth $288,000 after purchasing an additional 1,148 shares during the period. Institutional investors own 71.34% of the company’s stock.

Insider Buying and Selling at Advanced Micro Devices

In other news, EVP Mark D. Papermaster sold 17,500 shares of the company’s stock in a transaction that occurred on Tuesday, April 15th. The stock was sold at an average price of $95.47, for a total transaction of $1,670,725.00. Following the completion of the transaction, the executive vice president now directly owns 1,713,710 shares of the company’s stock, valued at $163,607,893.70. This represents a 1.01 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Philip Guido purchased 4,645 shares of the company’s stock in a transaction that occurred on Friday, February 7th. The stock was bought at an average cost of $107.56 per share, for a total transaction of $499,616.20. Following the purchase, the executive vice president now directly owns 33,522 shares in the company, valued at $3,605,626.32. This trade represents a 16.09 % increase in their position. The disclosure for this purchase can be found here. 0.06% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Benchmark reiterated a “buy” rating and issued a $170.00 target price on shares of Advanced Micro Devices in a research note on Tuesday, February 18th. Roth Capital set a $140.00 price target on Advanced Micro Devices in a research note on Wednesday, February 5th. Jefferies Financial Group lowered Advanced Micro Devices from a “buy” rating to a “hold” rating and cut their price target for the company from $135.00 to $120.00 in a research note on Thursday, March 27th. Sanford C. Bernstein cut their price target on Advanced Micro Devices from $125.00 to $95.00 and set a “market perform” rating on the stock in a research note on Tuesday, April 22nd. Finally, Argus set a $160.00 price target on Advanced Micro Devices in a research note on Thursday, February 6th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating, seventeen have given a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and an average price target of $139.57.

Advanced Micro Devices Trading Down 0.3 %

Advanced Micro Devices stock opened at $96.39 on Tuesday. The company has a quick ratio of 1.83, a current ratio of 2.62 and a debt-to-equity ratio of 0.03. Advanced Micro Devices, Inc. has a 52 week low of $76.48 and a 52 week high of $187.28. The company has a market capitalization of $155.79 billion, a price-to-earnings ratio of 97.36, a price-to-earnings-growth ratio of 1.11 and a beta of 1.89. The stock has a 50-day moving average price of $98.35 and a 200 day moving average price of $119.75.

Advanced Micro Devices (NASDAQ:AMD) last released its earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 EPS for the quarter, hitting analysts’ consensus estimates of $1.07. Advanced Micro Devices had a return on equity of 7.42% and a net margin of 6.36%. Sell-side analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

About Advanced Micro Devices

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.