Advanced Micro Devices, Inc. (NASDAQ:AMD) Holdings Decreased by VisionPoint Advisory Group LLC

VisionPoint Advisory Group LLC trimmed its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 30.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,134 shares of the semiconductor manufacturer’s stock after selling 929 shares during the period. VisionPoint Advisory Group LLC’s holdings in Advanced Micro Devices were worth $257,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Outfitter Financial LLC lifted its position in shares of Advanced Micro Devices by 10.1% in the fourth quarter. Outfitter Financial LLC now owns 3,105 shares of the semiconductor manufacturer’s stock worth $375,000 after purchasing an additional 285 shares in the last quarter. Capital Advisory Group Advisory Services LLC lifted its position in Advanced Micro Devices by 2.4% in the 4th quarter. Capital Advisory Group Advisory Services LLC now owns 4,958 shares of the semiconductor manufacturer’s stock worth $599,000 after buying an additional 117 shares in the last quarter. Bradley Foster & Sargent Inc. CT lifted its position in Advanced Micro Devices by 1.7% in the 4th quarter. Bradley Foster & Sargent Inc. CT now owns 7,465 shares of the semiconductor manufacturer’s stock worth $902,000 after buying an additional 123 shares in the last quarter. Paradigm Asset Management Co. LLC boosted its stake in shares of Advanced Micro Devices by 35.6% during the 4th quarter. Paradigm Asset Management Co. LLC now owns 2,667 shares of the semiconductor manufacturer’s stock valued at $322,000 after buying an additional 700 shares during the period. Finally, WP Advisors LLC grew its holdings in shares of Advanced Micro Devices by 18.4% during the 4th quarter. WP Advisors LLC now owns 7,637 shares of the semiconductor manufacturer’s stock valued at $922,000 after acquiring an additional 1,185 shares in the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, EVP Philip Guido acquired 4,645 shares of the firm’s stock in a transaction on Friday, February 7th. The shares were bought at an average cost of $107.56 per share, with a total value 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 $3,605,626.32. This trade represents a 16.09 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Lisa T. Su sold 76,496 shares of the stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $142.66, for a total value of $10,912,919.36. Following the completion of the transaction, the chief executive officer now directly 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 ownership of the stock. The disclosure for this sale can be found here. 0.73% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Melius Research reiterated a “hold” rating and set a $129.00 price objective (down from $160.00) on shares of Advanced Micro Devices in a report on Tuesday, January 28th. UBS Group reduced their price target on Advanced Micro Devices from $210.00 to $205.00 and set a “buy” rating for the company in a report on Wednesday, October 30th. Benchmark reissued a “buy” rating and issued a $170.00 price target on shares of Advanced Micro Devices in a research note on Tuesday. The Goldman Sachs Group lowered shares of Advanced Micro Devices from a “buy” rating to a “neutral” rating and cut their price objective for the company from $175.00 to $129.00 in a research report on Friday, January 10th. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $250.00 target price on shares of Advanced Micro Devices in a research report on Tuesday, February 4th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, eighteen have assigned a buy rating and three have given a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $158.70.

Advanced Micro Devices Stock Performance

NASDAQ AMD opened at $110.84 on Friday. The company’s fifty day moving average is $118.84 and its two-hundred day moving average is $137.94. Advanced Micro Devices, Inc. has a 52-week low of $106.50 and a 52-week high of $227.30. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.62 and a quick ratio of 1.83. The firm has a market capitalization of $179.61 billion, a price-to-earnings ratio of 111.96, a P/E/G ratio of 1.15 and a beta of 1.65.

Advanced Micro Devices (NASDAQ:AMD) last released its earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 earnings per share for the quarter, meeting the consensus estimate of $1.07. Advanced Micro Devices had a net margin of 6.36% and a return on equity of 7.42%. Equities research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Advanced Micro Devices 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.