Oakwell Private Wealth Management LLC Acquires 173 Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

Oakwell Private Wealth Management LLC raised its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 2.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 7,054 shares of the semiconductor manufacturer’s stock after acquiring an additional 173 shares during the period. Oakwell Private Wealth Management LLC’s holdings in Advanced Micro Devices were worth $852,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Impact Investors Inc bought a new stake in shares of Advanced Micro Devices in the 4th quarter valued at $287,000. Fjell Capital LLC acquired a new position in Advanced Micro Devices in the fourth quarter valued at about $1,257,000. Cutter & CO Brokerage Inc. increased its holdings in shares of Advanced Micro Devices by 20.0% in the fourth quarter. Cutter & CO Brokerage Inc. now owns 3,392 shares of the semiconductor manufacturer’s stock worth $410,000 after acquiring an additional 565 shares in the last quarter. ARK Investment Management LLC raised its position in shares of Advanced Micro Devices by 53.6% during the fourth quarter. ARK Investment Management LLC now owns 1,206,588 shares of the semiconductor manufacturer’s stock worth $145,744,000 after purchasing an additional 421,275 shares during the period. Finally, Cavalier Investments LLC grew its position in shares of Advanced Micro Devices by 4.1% in the 4th quarter. Cavalier Investments LLC now owns 8,570 shares of the semiconductor manufacturer’s stock valued at $1,035,000 after purchasing an additional 336 shares during the period. 71.34% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

AMD has been the topic of several research analyst reports. Argus set a $160.00 target price on shares of Advanced Micro Devices in a report on Thursday, February 6th. KeyCorp lowered their price objective on shares of Advanced Micro Devices from $150.00 to $140.00 and set an “overweight” rating for the company in a research report on Wednesday, February 5th. StockNews.com cut shares of Advanced Micro Devices from a “hold” rating to a “sell” rating in a research report on Tuesday, January 14th. Wedbush reaffirmed an “outperform” rating and issued a $150.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, February 5th. Finally, Stifel Nicolaus dropped their price target on Advanced Micro Devices from $200.00 to $162.00 and set a “buy” rating on the stock in a research note on Wednesday, February 5th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating, nineteen have assigned a buy rating and three have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $155.83.

Advanced Micro Devices Trading Down 3.8 %

AMD opened at $103.96 on Wednesday. The stock has a market capitalization of $168.47 billion, a price-to-earnings ratio of 105.01, a P/E/G ratio of 1.11 and a beta of 1.66. The company has a quick ratio of 1.83, a current ratio of 2.62 and a debt-to-equity ratio of 0.03. Advanced Micro Devices, Inc. has a twelve month low of $103.62 and a twelve month high of $227.30. The company has a 50-day simple moving average of $118.05 and a 200 day simple moving average of $137.65.

Advanced Micro Devices (NASDAQ:AMD) last announced 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 net margin of 6.36% and a return on equity of 7.42%. Analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Insider Buying and Selling

In related news, EVP Philip Guido acquired 4,645 shares of the company’s stock in a transaction that occurred on Friday, February 7th. The stock was acquired at an average price of $107.56 per share, with a total value of $499,616.20. Following the purchase, the executive vice president now directly owns 33,522 shares in the company, valued at approximately $3,605,626.32. This trade represents a 16.09 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Lisa T. Su sold 76,496 shares of the company’s stock in a transaction 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 transaction, the chief executive officer now owns 3,566,762 shares of the company’s stock, valued at $508,834,266.92. This trade represents a 2.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.65% of the stock is owned by corporate insiders.

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.