Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares Sold by Warren Street Wealth Advisors LLC

Warren Street Wealth Advisors LLC cut its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 4.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 2,459 shares of the semiconductor manufacturer’s stock after selling 119 shares during the period. Warren Street Wealth Advisors LLC’s holdings in Advanced Micro Devices were worth $297,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. increased its holdings in shares of Advanced Micro Devices by 1.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 9,656,965 shares of the semiconductor manufacturer’s stock valued at $1,584,515,000 after purchasing an additional 177,700 shares during the period. Swiss National Bank grew its position in Advanced Micro Devices by 0.3% in the 3rd quarter. Swiss National Bank now owns 4,797,575 shares of the semiconductor manufacturer’s stock valued at $787,186,000 after buying an additional 12,500 shares in the last quarter. Shum Financial Group Inc. acquired a new position in Advanced Micro Devices during the 3rd quarter valued at about $858,000. State Street Corp raised its position in shares of Advanced Micro Devices by 2.3% during the 3rd quarter. State Street Corp now owns 70,170,271 shares of the semiconductor manufacturer’s stock worth $11,513,538,000 after buying an additional 1,580,035 shares in the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of Advanced Micro Devices by 1.3% in the 3rd quarter. Geode Capital Management LLC now owns 34,243,843 shares of the semiconductor manufacturer’s stock worth $5,597,337,000 after acquiring an additional 441,924 shares during the period. 71.34% of the stock is owned by institutional investors.

Insider Buying and Selling at Advanced Micro Devices

In other news, EVP Philip Guido acquired 4,645 shares of the company’s stock in a transaction that occurred on Friday, February 7th. The shares were purchased at an average price of $107.56 per share, for a total transaction of $499,616.20. Following the completion of the acquisition, the executive vice president now owns 33,522 shares of the company’s stock, valued at approximately $3,605,626.32. This represents a 16.09 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, 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 transaction of $10,912,919.36. Following the completion of the sale, the chief executive officer now 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 ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.73% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on AMD. Wedbush reiterated an “outperform” rating and set a $150.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, February 5th. Melius Research reiterated a “hold” rating and set a $129.00 price target (down from $160.00) on shares of Advanced Micro Devices in a research report on Tuesday, January 28th. Summit Insights upgraded Advanced Micro Devices to a “hold” rating in a report on Tuesday, February 4th. Wells Fargo & Company decreased their target price on Advanced Micro Devices from $165.00 to $140.00 and set an “overweight” rating for the company in a research note on Wednesday, February 5th. Finally, Stifel Nicolaus dropped their price target on shares of Advanced Micro Devices from $200.00 to $162.00 and set a “buy” rating on the stock in a research report on Wednesday, February 5th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating, eighteen have given a buy rating and three have given a strong buy rating to the company. According to MarketBeat, Advanced Micro Devices presently has a consensus rating of “Moderate Buy” and an average price target of $158.70.

Advanced Micro Devices Trading Up 0.6 %

Shares of NASDAQ AMD opened at $111.72 on Thursday. The company has a current ratio of 2.62, a quick ratio of 1.78 and a debt-to-equity ratio of 0.03. Advanced Micro Devices, Inc. has a one year low of $106.50 and a one year high of $227.30. The business has a 50-day moving average price of $122.17 and a two-hundred day moving average price of $139.31. The firm has a market capitalization of $181.04 billion, a PE ratio of 112.85, a PEG ratio of 1.04 and a beta of 1.65.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 EPS for the quarter, hitting the consensus estimate of $1.07. Advanced Micro Devices had a net margin of 6.36% and a return on equity of 7.42%. As a group, analysts predict that Advanced Micro Devices, Inc. will post 4.11 earnings per share for the current fiscal year.

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.