Brady Martz Wealth Solutions LLC Takes $482,000 Position in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Brady Martz Wealth Solutions LLC acquired a new position in Advanced Micro Devices, Inc. (NASDAQ:AMD) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,150 shares of the semiconductor manufacturer’s stock, valued at approximately $482,000.

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

Insider Buying and Selling

In other news, CEO Lisa T. Su sold 80,000 shares of the business’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $143.87, for a total transaction of $11,509,600.00. Following the completion of the transaction, 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Forrest Eugene Norrod sold 40,540 shares of the company’s stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $141.67, for a total transaction of $5,743,301.80. Following the completion of the sale, the executive vice president now directly owns 293,347 shares of the company’s stock, valued at $41,558,469.49. The trade was a 12.14 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 197,036 shares of company stock valued at $28,165,821 over the last ninety days. Insiders own 0.65% of the company’s stock.

Analyst Upgrades and Downgrades

AMD has been the subject of a number of recent analyst reports. Barclays decreased their price target on shares of Advanced Micro Devices from $170.00 to $140.00 and set an “overweight” rating for the company in a report on Friday. Evercore ISI raised their target price on Advanced Micro Devices from $193.00 to $198.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. TD Cowen cut their price target on Advanced Micro Devices from $185.00 to $150.00 and set a “buy” rating for the company in a report on Monday, January 13th. Wolfe Research lowered shares of Advanced Micro Devices from an “outperform” rating to a “peer perform” rating in a research report on Thursday. Finally, Wells Fargo & Company decreased their price target on shares of Advanced Micro Devices from $205.00 to $165.00 and set an “overweight” rating on the stock in a research report on Monday, January 13th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating, twenty-two have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $178.61.

Advanced Micro Devices Stock Up 2.5 %

Shares of AMD opened at $121.46 on Friday. The business’s fifty day moving average price is $129.94 and its two-hundred day moving average price is $145.32. The firm has a market capitalization of $197.11 billion, a price-to-earnings ratio of 109.42, a PEG ratio of 1.03 and a beta of 1.66. Advanced Micro Devices, Inc. has a 52 week low of $114.41 and a 52 week high of $227.30. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.78 and a current ratio of 2.50.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, October 29th. The semiconductor manufacturer reported $0.92 EPS for the quarter, hitting analysts’ consensus estimates of $0.92. Advanced Micro Devices had a return on equity of 6.62% and a net margin of 7.52%. The firm had revenue of $6.82 billion during the quarter, compared to analyst estimates of $6.71 billion. During the same period last year, the company earned $0.53 earnings per share. The company’s revenue was up 17.6% on a year-over-year basis. On average, analysts predict that Advanced Micro Devices, Inc. will post 2.54 earnings per share for the current year.

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.