Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares Purchased by Capital Advisory Group Advisory Services LLC

Capital Advisory Group Advisory Services LLC raised its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 2.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,958 shares of the semiconductor manufacturer’s stock after buying an additional 117 shares during the period. Capital Advisory Group Advisory Services LLC’s holdings in Advanced Micro Devices were worth $599,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of AMD. Creative Capital Management Investments LLC boosted its position 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 purchasing an additional 86 shares during the period. Bear Mountain Capital Inc. purchased a new stake in shares of Advanced Micro Devices in the fourth quarter worth about $25,000. Global Wealth Strategies & Associates purchased a new stake in shares of Advanced Micro Devices in the fourth quarter worth about $26,000. FSA Wealth Management LLC acquired a new stake in shares of Advanced Micro Devices in the third quarter valued at about $41,000. Finally, Retirement Wealth Solutions LLC acquired a new position in Advanced Micro Devices during the 4th quarter worth approximately $32,000. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Advanced Micro Devices

In related news, CEO Lisa T. Su sold 76,496 shares of the business’s stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $142.66, for a total transaction 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 $508,834,266.92. The trade was a 2.10 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Philip Guido purchased 4,645 shares of the stock in a transaction dated Friday, February 7th. The shares were purchased 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 in the company, valued at $3,605,626.32. This trade represents a 16.09 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 0.73% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. KeyCorp dropped their price objective on shares of Advanced Micro Devices from $150.00 to $140.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 5th. Summit Insights raised shares of Advanced Micro Devices to a “hold” rating in a research note on Tuesday, February 4th. Mizuho decreased their price objective on shares of Advanced Micro Devices from $160.00 to $140.00 and set an “outperform” rating for the company in a research report on Wednesday, February 5th. Melius lowered Advanced Micro Devices from a “buy” rating to a “hold” rating and dropped their target price for the stock from $160.00 to $129.00 in a research report on Tuesday, January 28th. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $250.00 price target on shares of Advanced Micro Devices in a report on Tuesday, February 4th. Two analysts have rated the stock with a sell rating, ten have given a hold rating, eighteen have assigned a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $158.70.

Advanced Micro Devices Stock Down 0.5 %

AMD stock opened at $114.17 on Friday. The company has a quick ratio of 1.83, a current ratio of 2.62 and a debt-to-equity ratio of 0.03. The firm’s 50-day simple moving average is $119.16 and its 200 day simple moving average is $138.11. The stock has a market cap of $185.01 billion, a PE ratio of 115.32, a price-to-earnings-growth ratio of 1.15 and a beta of 1.65. Advanced Micro Devices, Inc. has a fifty-two week low of $106.50 and a fifty-two week high of $227.30.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 earnings per share (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, sell-side analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS 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.