Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares Sold by Schnieders Capital Management LLC

Schnieders Capital Management LLC lowered its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 11.4% in the fourth quarter, HoldingsChannel reports. The fund owned 12,250 shares of the semiconductor manufacturer’s stock after selling 1,580 shares during the quarter. Schnieders Capital Management LLC’s holdings in Advanced Micro Devices were worth $1,480,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Swedbank AB increased its stake in shares of Advanced Micro Devices by 0.8% during the third quarter. Swedbank AB now owns 2,151,636 shares of the semiconductor manufacturer’s stock worth $353,040,000 after purchasing an additional 17,446 shares in the last quarter. Howard Capital Management Group LLC increased its stake in shares of Advanced Micro Devices by 21.6% during the third quarter. Howard Capital Management Group LLC now owns 1,827 shares of the semiconductor manufacturer’s stock worth $300,000 after purchasing an additional 324 shares in the last quarter. Pallas Capital Advisors LLC increased its stake in shares of Advanced Micro Devices by 2.2% during the third quarter. Pallas Capital Advisors LLC now owns 3,836 shares of the semiconductor manufacturer’s stock worth $589,000 after purchasing an additional 82 shares in the last quarter. Boston Financial Mangement LLC increased its stake in shares of Advanced Micro Devices by 1.4% during the third quarter. Boston Financial Mangement LLC now owns 5,654 shares of the semiconductor manufacturer’s stock worth $928,000 after purchasing an additional 80 shares in the last quarter. Finally, Integrated Advisors Network LLC increased its stake in shares of Advanced Micro Devices by 17.7% during the third quarter. Integrated Advisors Network LLC now owns 21,823 shares of the semiconductor manufacturer’s stock worth $3,581,000 after purchasing an additional 3,278 shares in the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Advanced Micro Devices Price Performance

Advanced Micro Devices stock opened at $104.74 on Thursday. Advanced Micro Devices, Inc. has a 52-week low of $103.62 and a 52-week high of $227.30. The company’s 50 day moving average is $117.72 and its two-hundred day moving average is $137.42. 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 firm has a market cap of $169.73 billion, a PE ratio of 105.80, a price-to-earnings-growth ratio of 1.11 and a beta of 1.66.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data 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 net margin of 6.36% and a return on equity of 7.42%. On average, research analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have recently commented on AMD. Bank of America cut their target price on shares of Advanced Micro Devices from $155.00 to $135.00 and set a “neutral” rating for the company in a research note on Wednesday, February 5th. DZ Bank cut shares of Advanced Micro Devices from a “buy” rating to a “hold” rating and set a $120.00 price objective for the company. in a research note on Friday, February 7th. Rosenblatt Securities reaffirmed a “buy” rating and set a $250.00 price objective on shares of Advanced Micro Devices in a research note on Tuesday, February 4th. Citigroup reaffirmed a “buy” rating on shares of Advanced Micro Devices in a research note on Wednesday, February 19th. Finally, Stifel Nicolaus decreased their target price on shares of Advanced Micro Devices from $200.00 to $162.00 and set a “buy” rating on the stock in a report on Wednesday, February 5th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating, nineteen have given a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $155.83.

Insider Buying and Selling at Advanced Micro Devices

In related news, CEO Lisa T. Su sold 76,496 shares of the stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $142.66, for a total value of $10,912,919.36. Following the transaction, the chief executive officer now directly owns 3,566,762 shares of the company’s stock, valued at $508,834,266.92. This trade represents a 2.10 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Philip Guido bought 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 completion of the transaction, the executive vice president now directly owns 33,522 shares in the company, valued at approximately $3,605,626.32. The trade was a 16.09 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 0.65% of the company’s stock.

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.