GFG Capital LLC Has $735,000 Stock Holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD)

GFG Capital LLC grew its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 7.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,087 shares of the semiconductor manufacturer’s stock after purchasing an additional 444 shares during the quarter. GFG Capital LLC’s holdings in Advanced Micro Devices were worth $735,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Creative Capital Management Investments LLC raised its stake in Advanced Micro Devices by 124.6% during the 3rd quarter. Creative Capital Management Investments LLC now owns 155 shares of the semiconductor manufacturer’s stock worth $25,000 after buying an additional 86 shares during the period. Global Wealth Strategies & Associates acquired a new position in Advanced Micro Devices during the 4th quarter worth approximately $26,000. Retirement Wealth Solutions LLC acquired a new position in Advanced Micro Devices during the 4th quarter worth approximately $32,000. Compass Financial Services Inc acquired a new position in Advanced Micro Devices during the 4th quarter worth approximately $39,000. Finally, FSA Wealth Management LLC acquired a new position in Advanced Micro Devices during the 3rd quarter worth approximately $41,000. 71.34% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on AMD. Benchmark dropped their price target on Advanced Micro Devices from $200.00 to $170.00 and set a “buy” rating on the stock in a research note on Wednesday, February 5th. Rosenblatt Securities reaffirmed a “buy” rating and set a $250.00 price target on shares of Advanced Micro Devices in a research note on Tuesday, February 4th. Mizuho decreased their price objective on Advanced Micro Devices from $160.00 to $140.00 and set an “outperform” rating for the company in a report on Wednesday, February 5th. Wedbush reissued an “outperform” rating and set a $150.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, February 5th. Finally, DZ Bank lowered 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, February 7th. Two investment 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 data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $158.70.

Advanced Micro Devices Price Performance

Advanced Micro Devices stock opened at $111.81 on Friday. Advanced Micro Devices, Inc. has a 12 month low of $106.50 and a 12 month high of $227.30. The company has a current ratio of 2.62, a quick ratio of 1.78 and a debt-to-equity ratio of 0.03. The business’s 50 day simple moving average is $121.53 and its 200 day simple moving average is $139.12. The company has a market cap of $181.19 billion, a price-to-earnings ratio of 112.94, a PEG ratio of 1.04 and a beta of 1.65.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings data on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 EPS for the quarter, meeting the consensus estimate of $1.07. Advanced Micro Devices had a return on equity of 7.42% and a net margin of 6.36%. Sell-side analysts forecast that Advanced Micro Devices, Inc. will post 4.11 EPS for the current year.

Insiders Place Their Bets

In other Advanced Micro Devices news, EVP Philip Guido acquired 4,645 shares of the stock in a transaction that occurred on Friday, February 7th. The shares were bought at an average price of $107.56 per share, for a total transaction of $499,616.20. Following the completion of the transaction, 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Lisa T. Su sold 76,496 shares of the 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 completion of the sale, the chief executive officer now owns 3,566,762 shares in the company, valued at $508,834,266.92. This trade represents a 2.10 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.73% of the company’s stock.

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.