Toth Financial Advisory Corp Acquires 315 Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

Toth Financial Advisory Corp lifted its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 5.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,988 shares of the semiconductor manufacturer’s stock after buying an additional 315 shares during the period. Toth Financial Advisory Corp’s holdings in Advanced Micro Devices were worth $723,000 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 AMD. AQR Capital Management LLC raised its position in shares of Advanced Micro Devices by 5.7% in the 2nd quarter. AQR Capital Management LLC now owns 294,567 shares of the semiconductor manufacturer’s stock valued at $47,782,000 after buying an additional 15,975 shares in the last quarter. Mackenzie Financial Corp raised its position in Advanced Micro Devices by 0.3% during the second quarter. Mackenzie Financial Corp now owns 201,976 shares of the semiconductor manufacturer’s stock valued at $32,763,000 after purchasing an additional 594 shares in the last quarter. Smith Thornton Advisors LLC bought a new stake in Advanced Micro Devices during the second quarter worth $208,000. Beaird Harris Wealth Management LLC boosted its holdings in shares of Advanced Micro Devices by 45.8% in the 2nd quarter. Beaird Harris Wealth Management LLC now owns 1,559 shares of the semiconductor manufacturer’s stock valued at $253,000 after purchasing an additional 490 shares in the last quarter. Finally, Ninepoint Partners LP increased its stake in shares of Advanced Micro Devices by 16.5% in the 2nd quarter. Ninepoint Partners LP now owns 4,406 shares of the semiconductor manufacturer’s stock valued at $715,000 after purchasing an additional 623 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on AMD. Rosenblatt Securities reaffirmed a “buy” rating and issued a $250.00 price objective on shares of Advanced Micro Devices in a research note on Monday, October 28th. Loop Capital began coverage on shares of Advanced Micro Devices in a report on Tuesday, January 14th. They set a “buy” rating and a $175.00 price target on the stock. Wells Fargo & Company dropped their price objective on shares of Advanced Micro Devices from $205.00 to $165.00 and set an “overweight” rating for the company in a research note on Monday, January 13th. Bank of America lowered shares of Advanced Micro Devices from a “buy” rating to a “neutral” rating and cut their target price for the company from $180.00 to $155.00 in a research report on Monday, December 9th. Finally, Hsbc Global Res downgraded shares of Advanced Micro Devices from a “strong-buy” rating to a “moderate sell” rating in a report on Wednesday, January 8th. Two analysts have rated the stock with a sell rating, six have issued a hold rating, twenty-one have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $176.33.

Advanced Micro Devices Price Performance

Advanced Micro Devices stock opened at $122.84 on Friday. The stock has a market capitalization of $199.35 billion, a price-to-earnings ratio of 110.67, a PEG ratio of 1.09 and a beta of 1.66. Advanced Micro Devices, Inc. has a 52-week low of $114.41 and a 52-week high of $227.30. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.78 and a current ratio of 2.50. The stock’s 50 day moving average price is $128.12 and its two-hundred day moving average price is $143.73.

Advanced Micro Devices (NASDAQ:AMD) last issued its earnings results on Tuesday, October 29th. The semiconductor manufacturer reported $0.92 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.92. Advanced Micro Devices had a net margin of 7.52% and a return on equity of 6.62%. The business had revenue of $6.82 billion for the quarter, compared to analyst estimates of $6.71 billion. During the same period in the prior year, the firm earned $0.53 earnings per share. Advanced Micro Devices’s revenue was up 17.6% on a year-over-year basis. On average, equities analysts predict that Advanced Micro Devices, Inc. will post 2.54 earnings per share for the current year.

Insider Activity

In related news, EVP Forrest Eugene Norrod sold 40,540 shares of Advanced Micro Devices stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $141.67, for a total value of $5,743,301.80. Following the completion of the sale, the executive vice president now owns 293,347 shares of the company’s stock, valued at approximately $41,558,469.49. This trade represents a 12.14 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Lisa T. Su sold 80,000 shares of the business’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $143.87, for a total transaction of $11,509,600.00. Following the sale, the chief executive officer now owns 3,566,762 shares of the company’s stock, valued at $513,150,048.94. This trade represents a 2.19 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 197,036 shares of company stock worth $28,165,821 in the last three months. Company insiders own 0.73% of the company’s stock.

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.