WJ Wealth Management LLC Sells 1,680 Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

WJ Wealth Management LLC decreased its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 45.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 2,046 shares of the semiconductor manufacturer’s stock after selling 1,680 shares during the quarter. WJ Wealth Management LLC’s holdings in Advanced Micro Devices were worth $247,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in AMD. Czech National Bank boosted its stake in Advanced Micro Devices by 7.0% during the third quarter. Czech National Bank now owns 329,712 shares of the semiconductor manufacturer’s stock worth $54,099,000 after buying an additional 21,708 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of Advanced Micro Devices by 25.6% during the 3rd quarter. GAMMA Investing LLC now owns 18,749 shares of the semiconductor manufacturer’s stock worth $3,076,000 after acquiring an additional 3,816 shares during the period. Herbst Group LLC boosted its position in shares of Advanced Micro Devices by 31.3% during the 3rd quarter. Herbst Group LLC now owns 2,103 shares of the semiconductor manufacturer’s stock valued at $345,000 after acquiring an additional 501 shares in the last quarter. Azzad Asset Management Inc. ADV increased its stake in Advanced Micro Devices by 4.5% in the third quarter. Azzad Asset Management Inc. ADV now owns 10,681 shares of the semiconductor manufacturer’s stock valued at $1,753,000 after acquiring an additional 456 shares during the period. Finally, Consilio Wealth Advisors LLC raised its position in Advanced Micro Devices by 13.9% in the third quarter. Consilio Wealth Advisors LLC now owns 1,890 shares of the semiconductor manufacturer’s stock worth $310,000 after purchasing an additional 231 shares in the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Advanced Micro Devices Price Performance

NASDAQ:AMD opened at $114.27 on Tuesday. The company has a market cap of $185.44 billion, a P/E ratio of 102.95, a P/E/G ratio of 1.03 and a beta of 1.66. The firm’s fifty day moving average price is $125.92 and its two-hundred day moving average price is $141.11. Advanced Micro Devices, Inc. has a one year low of $112.80 and a one year high of $227.30. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.50 and a quick ratio of 1.78.

Insider Activity at Advanced Micro Devices

In other news, CEO Lisa T. Su sold 80,000 shares of Advanced Micro Devices stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $143.87, for a total value of $11,509,600.00. Following the completion of the sale, the chief executive officer now directly owns 3,566,762 shares in the company, valued at approximately $513,150,048.94. The trade was a 2.19 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.65% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on AMD shares. StockNews.com lowered Advanced Micro Devices from a “hold” rating to a “sell” rating in a research note on Tuesday, January 14th. Wells Fargo & Company cut their price objective on Advanced Micro Devices from $205.00 to $165.00 and set an “overweight” rating for the company in a report on Monday, January 13th. Melius lowered shares of Advanced Micro Devices from a “buy” rating to a “hold” rating and lowered their target price for the stock from $160.00 to $129.00 in a report on Tuesday, January 28th. Cantor Fitzgerald reissued an “overweight” rating and set a $180.00 price target on shares of Advanced Micro Devices in a report on Wednesday, October 30th. Finally, Bank of America lowered shares of Advanced Micro Devices from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $180.00 to $155.00 in a report on Monday, December 9th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, nineteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $169.77.

Advanced Micro Devices Company Profile

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.