WJ Wealth Management LLC Sells 1,680 Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

WJ Wealth Management LLC cut its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 45.1% during the 4th quarter, HoldingsChannel reports. The firm owned 2,046 shares of the semiconductor manufacturer’s stock after selling 1,680 shares during the period. WJ Wealth Management LLC’s holdings in Advanced Micro Devices were worth $247,000 at the end of the most recent reporting period.

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

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, CEO Lisa T. Su sold 76,496 shares of the business’s stock in a transaction 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 sale, the chief executive officer now directly owns 3,566,762 shares in the company, valued at $508,834,266.92. The trade was a 2.10 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.65% of the company’s stock.

Wall Street Analysts Forecast Growth

AMD has been the subject of several recent research reports. Bank of America cut Advanced Micro Devices from a “buy” rating to a “neutral” rating and decreased their price target for the company from $180.00 to $155.00 in a research note on Monday, December 9th. KeyCorp lowered their target price on shares of Advanced Micro Devices from $220.00 to $150.00 and set an “overweight” rating for the company in a research note on Tuesday, January 14th. Barclays cut their price target on shares of Advanced Micro Devices from $170.00 to $140.00 and set an “overweight” rating on the stock in a research report on Friday, January 17th. Roth Mkm reissued a “buy” rating and issued a $200.00 price objective on shares of Advanced Micro Devices in a research report on Friday, October 11th. Finally, HSBC restated a “reduce” rating and set a $110.00 target price (down previously from $200.00) on shares of Advanced Micro Devices in a research report on Wednesday, January 8th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating, nineteen have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $169.77.

Advanced Micro Devices Trading Down 1.4 %

NASDAQ:AMD opened at $114.27 on Tuesday. The firm has a market cap of $185.44 billion, a price-to-earnings ratio of 102.95, a price-to-earnings-growth ratio of 1.03 and a beta of 1.66. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.78 and a current ratio of 2.50. The firm has a 50-day moving average price of $125.92 and a two-hundred day moving average price of $141.11. Advanced Micro Devices, Inc. has a 52 week low of $112.80 and a 52 week high of $227.30.

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.