WR Wealth Planners LLC Has $200,000 Holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD)

WR Wealth Planners LLC lessened its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 18.2% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,656 shares of the semiconductor manufacturer’s stock after selling 369 shares during the quarter. WR Wealth Planners LLC’s holdings in Advanced Micro Devices were worth $200,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Swedbank AB grew its stake in Advanced Micro Devices by 0.8% during the third quarter. Swedbank AB now owns 2,151,636 shares of the semiconductor manufacturer’s stock worth $353,040,000 after purchasing an additional 17,446 shares during the period. Howard Capital Management Group LLC grew its position in shares of Advanced Micro Devices by 21.6% during the 3rd quarter. Howard Capital Management Group LLC now owns 1,827 shares of the semiconductor manufacturer’s stock worth $300,000 after buying an additional 324 shares during the period. Summit Wealth Partners LLC grew its position in shares of Advanced Micro Devices by 11.7% during the 3rd quarter. Summit Wealth Partners LLC now owns 1,590 shares of the semiconductor manufacturer’s stock worth $261,000 after buying an additional 166 shares during the period. Stephens Inc. AR grew its position in shares of Advanced Micro Devices by 19.6% during the 3rd quarter. Stephens Inc. AR now owns 33,290 shares of the semiconductor manufacturer’s stock worth $5,462,000 after buying an additional 5,449 shares during the period. Finally, Focus Financial Network Inc. grew its holdings in Advanced Micro Devices by 24.6% in the third quarter. Focus Financial Network Inc. now owns 10,463 shares of the semiconductor manufacturer’s stock worth $1,717,000 after purchasing an additional 2,066 shares during the period. Institutional investors and hedge funds own 71.34% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have commented on AMD. Truist Financial set a $130.00 price target on shares of Advanced Micro Devices in a report on Wednesday, February 5th. UBS Group set a $175.00 target price on Advanced Micro Devices in a research note on Wednesday, February 5th. Mizuho reduced their price objective on Advanced Micro Devices from $160.00 to $140.00 and set an “outperform” rating for the company in a research note on Wednesday, February 5th. Piper Sandler restated an “overweight” rating on shares of Advanced Micro Devices in a report on Wednesday, February 19th. Finally, Summit Insights upgraded Advanced Micro Devices to a “hold” rating in a report on Tuesday, February 4th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating, nineteen have issued a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $155.83.

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, CEO Lisa T. Su sold 76,496 shares of the firm’s stock in a transaction dated 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 in the company, valued at $508,834,266.92. This trade represents a 2.10 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Philip Guido acquired 4,645 shares of the firm’s stock in a transaction that occurred on Friday, February 7th. The shares were purchased at an average cost of $107.56 per share, for a total transaction of $499,616.20. Following the completion of the acquisition, the executive vice president now owns 33,522 shares in the company, valued at $3,605,626.32. This represents a 16.09 % increase in their position. The disclosure for this purchase can be found here. 0.73% of the stock is currently owned by insiders.

Advanced Micro Devices Trading Up 0.3 %

Shares of AMD stock opened at $99.81 on Friday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.83 and a current ratio of 2.62. Advanced Micro Devices, Inc. has a 52-week low of $98.69 and a 52-week high of $227.30. The company has a market capitalization of $161.74 billion, a PE ratio of 100.82, a price-to-earnings-growth ratio of 1.11 and a beta of 1.65. The business’s fifty day moving average is $116.94 and its 200 day moving average is $136.87.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 earnings per share 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%. On average, equities research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal 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.