Compass Financial Services Inc Acquires New Shares in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Compass Financial Services Inc acquired a new stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 320 shares of the semiconductor manufacturer’s stock, valued at approximately $39,000.

A number of other hedge funds have also bought and sold shares of the business. Pinnacle Bancorp Inc. raised its position in Advanced Micro Devices by 27.1% in the third quarter. Pinnacle Bancorp Inc. now owns 745 shares of the semiconductor manufacturer’s stock worth $122,000 after acquiring an additional 159 shares during the period. LVW Advisors LLC lifted its position in shares of Advanced Micro Devices by 41.7% in the third quarter. LVW Advisors LLC now owns 2,910 shares of the semiconductor manufacturer’s stock worth $477,000 after buying an additional 857 shares in the last quarter. JGP Wealth Management LLC purchased a new position in shares of Advanced Micro Devices in the third quarter valued at $203,000. Livforsakringsbolaget Skandia Omsesidigt raised its position in shares of Advanced Micro Devices by 54.3% during the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 65,891 shares of the semiconductor manufacturer’s stock valued at $10,811,000 after buying an additional 23,191 shares in the last quarter. Finally, Arbor Wealth Advisors LLC bought a new position in shares of Advanced Micro Devices during the 3rd quarter valued at approximately $250,000. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Analyst Ratings Changes

Several brokerages have issued reports on AMD. Piper Sandler dropped their target price on Advanced Micro Devices from $180.00 to $140.00 and set an “overweight” rating for the company in a research report on Wednesday. Wedbush reissued an “outperform” rating and issued a $150.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday. Summit Insights raised shares of Advanced Micro Devices to a “hold” rating in a research note on Tuesday, February 4th. Stifel Nicolaus reduced their price objective on Advanced Micro Devices from $200.00 to $162.00 and set a “buy” rating on the stock in a report on Wednesday. Finally, DZ Bank downgraded Advanced Micro Devices from a “buy” rating to a “hold” rating and set a $120.00 price objective for the company. in a report on Friday. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating, eighteen have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $158.70.

Advanced Micro Devices Stock Down 2.4 %

AMD stock opened at $107.56 on Friday. The firm’s fifty day simple moving average is $123.42 and its 200-day simple moving average is $139.84. The company has a market capitalization of $174.30 billion, a P/E ratio of 108.65, a price-to-earnings-growth ratio of 1.04 and a beta of 1.65. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.62 and a quick ratio of 1.78. Advanced Micro Devices, Inc. has a 12 month low of $106.50 and a 12 month high of $227.30.

Advanced Micro Devices (NASDAQ:AMD) last posted its 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 return on equity of 7.42% and a net margin of 6.36%. As a group, equities research analysts forecast that Advanced Micro Devices, Inc. will post 4.11 earnings per share for the current year.

Insider Buying and Selling

In related news, CEO Lisa T. Su sold 76,496 shares of Advanced Micro Devices stock in a transaction 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. This trade represents a 2.10 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.73% of the stock is currently owned by insiders.

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.