Trilogy Capital Inc. Sells 1,510 Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

Trilogy Capital Inc. trimmed its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 7.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,507 shares of the semiconductor manufacturer’s stock after selling 1,510 shares during the period. Trilogy Capital Inc.’s holdings in Advanced Micro Devices were worth $2,115,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. LCM Capital Management Inc increased its holdings in shares of Advanced Micro Devices by 4.4% in the 4th quarter. LCM Capital Management Inc now owns 7,745 shares of the semiconductor manufacturer’s stock valued at $936,000 after acquiring an additional 325 shares during the period. Money Concepts Capital Corp raised its holdings in Advanced Micro Devices by 3.8% in the 4th quarter. Money Concepts Capital Corp now owns 4,355 shares of the semiconductor manufacturer’s stock worth $526,000 after purchasing an additional 158 shares during the period. Confluence Wealth Services Inc. increased its stake in Advanced Micro Devices by 19.6% during the 4th quarter. Confluence Wealth Services Inc. now owns 2,319 shares of the semiconductor manufacturer’s stock worth $285,000 after buying an additional 380 shares in the last quarter. Country Club Bank increased its stake in Advanced Micro Devices by 135.7% during the 4th quarter. Country Club Bank now owns 38,973 shares of the semiconductor manufacturer’s stock worth $4,772,000 after buying an additional 22,441 shares in the last quarter. Finally, Spirit of America Management Corp NY grew its position in shares of Advanced Micro Devices by 2.7% in the fourth quarter. Spirit of America Management Corp NY now owns 7,550 shares of the semiconductor manufacturer’s stock valued at $912,000 after purchasing an additional 200 shares in the last quarter. 71.34% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have commented on AMD shares. Loop Capital began coverage on Advanced Micro Devices in a research note on Tuesday, January 14th. They set a “buy” rating and a $175.00 price target on the stock. Barclays reduced their price objective on Advanced Micro Devices from $170.00 to $140.00 and set an “overweight” rating on the stock in a research note on Friday, January 17th. Wedbush reissued an “outperform” rating and issued a $150.00 target price on shares of Advanced Micro Devices in a report on Wednesday. Wells Fargo & Company dropped their target price on Advanced Micro Devices from $165.00 to $140.00 and set an “overweight” rating on the stock in a report on Wednesday. Finally, Roth Mkm reaffirmed a “buy” rating and set a $200.00 price objective on shares of Advanced Micro Devices in a report on Friday, October 11th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating, twenty have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $161.30.

Advanced Micro Devices Stock Down 6.3 %

NASDAQ AMD opened at $112.01 on Thursday. The company has a current ratio of 2.50, a quick ratio of 1.78 and a debt-to-equity ratio of 0.03. Advanced Micro Devices, Inc. has a 1-year low of $106.50 and a 1-year high of $227.30. The company has a 50 day moving average of $125.02 and a 200-day moving average of $140.59. The company has a market cap of $181.77 billion, a price-to-earnings ratio of 100.91, a PEG ratio of 1.03 and a beta of 1.66.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $0.88 EPS for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.19). Advanced Micro Devices had a net margin of 7.52% and a return on equity of 6.62%. On average, equities research analysts expect that Advanced Micro Devices, Inc. will post 2.54 earnings per share for the current fiscal year.

Insider Activity at Advanced Micro Devices

In related news, CEO Lisa T. Su sold 76,496 shares of Advanced Micro Devices stock in a transaction that occurred 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 sale, the chief executive officer now owns 3,566,762 shares of the company’s stock, valued at approximately $508,834,266.92. The trade was a 2.10 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.65% of the stock is owned by insiders.

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.