OneDigital Investment Advisors LLC Has $9.32 Million Holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD)

OneDigital Investment Advisors LLC reduced its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 2.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 77,151 shares of the semiconductor manufacturer’s stock after selling 1,873 shares during the quarter. OneDigital Investment Advisors LLC’s holdings in Advanced Micro Devices were worth $9,319,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the business. Vectors Research Management LLC grew its position in shares of Advanced Micro Devices by 1.7% in the fourth quarter. Vectors Research Management LLC now owns 8,641 shares of the semiconductor manufacturer’s stock valued at $1,044,000 after purchasing an additional 147 shares during the last quarter. TD Waterhouse Canada Inc. increased its position in Advanced Micro Devices by 32.4% during the 4th quarter. TD Waterhouse Canada Inc. now owns 136,011 shares of the semiconductor manufacturer’s stock worth $16,429,000 after buying an additional 33,295 shares during the period. Tower Research Capital LLC TRC boosted its position in shares of Advanced Micro Devices by 189.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 200,028 shares of the semiconductor manufacturer’s stock valued at $24,161,000 after acquiring an additional 131,001 shares during the period. Transce3nd LLC acquired a new position in shares of Advanced Micro Devices in the fourth quarter valued at about $772,000. Finally, Seaview Investment Managers LLC acquired a new stake in Advanced Micro Devices in the 4th quarter worth about $261,000. Institutional investors own 71.34% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Mark D. Papermaster sold 17,500 shares of the firm’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 value of $1,670,725.00. Following the transaction, the executive vice president now owns 1,713,710 shares in the company, valued at $163,607,893.70. This trade represents a 1.01 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Philip Guido purchased 4,645 shares of the firm’s stock in a transaction that occurred on Friday, February 7th. The shares were bought at an average price of $107.56 per share, with a total value of $499,616.20. Following the acquisition, the executive vice president now directly owns 33,522 shares of the company’s stock, valued at $3,605,626.32. This represents a 16.09 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 0.06% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. The Goldman Sachs Group downgraded shares of Advanced Micro Devices from a “buy” rating to a “neutral” rating and dropped their price target for the company from $175.00 to $129.00 in a research report on Friday, January 10th. Evercore ISI reduced their target price on Advanced Micro Devices from $147.00 to $126.00 and set an “outperform” rating on the stock in a report on Thursday, April 17th. Bank of America cut their price objective on shares of Advanced Micro Devices from $155.00 to $135.00 and set a “neutral” rating for the company in a research report on Wednesday, February 5th. Truist Financial set a $130.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, February 5th. Finally, Argus set a $160.00 price objective on shares of Advanced Micro Devices in a research report on Thursday, February 6th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating, seventeen have assigned a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $144.90.

Advanced Micro Devices Stock Down 2.2 %

Advanced Micro Devices stock opened at $85.56 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. The company has a market capitalization of $138.29 billion, a PE ratio of 86.43, a PEG ratio of 1.11 and a beta of 1.89. The firm’s fifty day moving average is $100.41 and its 200 day moving average is $122.42. Advanced Micro Devices, Inc. has a 12-month low of $76.48 and a 12-month high of $187.28.

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