Caitlin John LLC Buys 250 Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

Caitlin John LLC lifted its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 20.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,450 shares of the semiconductor manufacturer’s stock after purchasing an additional 250 shares during the quarter. Caitlin John LLC’s holdings in Advanced Micro Devices were worth $175,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in AMD. Insight Advisors LLC PA increased its stake in Advanced Micro Devices by 6.7% in the 4th quarter. Insight Advisors LLC PA now owns 16,086 shares of the semiconductor manufacturer’s stock worth $1,970,000 after acquiring an additional 1,016 shares during the last quarter. Vision Capital Management Inc. grew its holdings in shares of Advanced Micro Devices by 15.0% in the fourth quarter. Vision Capital Management Inc. now owns 2,300 shares of the semiconductor manufacturer’s stock valued at $278,000 after purchasing an additional 300 shares in the last quarter. LCM Capital Management Inc increased its position in Advanced Micro Devices by 4.4% in the fourth quarter. LCM Capital Management Inc now owns 7,745 shares of the semiconductor manufacturer’s stock worth $936,000 after purchasing an additional 325 shares during the last quarter. Money Concepts Capital Corp raised its stake in Advanced Micro Devices by 3.8% during the fourth quarter. Money Concepts Capital Corp now owns 4,355 shares of the semiconductor manufacturer’s stock valued at $526,000 after purchasing an additional 158 shares in the last quarter. Finally, Confluence Wealth Services Inc. lifted its position in Advanced Micro Devices by 19.6% during the fourth quarter. Confluence Wealth Services Inc. now owns 2,319 shares of the semiconductor manufacturer’s stock valued at $285,000 after purchasing an additional 380 shares during the last quarter. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Advanced Micro Devices

In other news, 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 directly owns 3,566,762 shares of the company’s stock, valued at approximately $508,834,266.92. This represents a 2.10 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.65% of the stock is owned by corporate insiders.

Advanced Micro Devices Price Performance

Shares of AMD opened at $112.01 on Thursday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.78 and a current ratio of 2.50. The company has a 50 day moving average price of $125.02 and a 200-day moving average price of $140.59. Advanced Micro Devices, Inc. has a fifty-two week low of $106.50 and a fifty-two week high of $227.30. The stock has a market capitalization of $181.77 billion, a PE ratio of 100.91, a PEG ratio of 1.03 and a beta of 1.66.

Advanced Micro Devices (NASDAQ:AMD) last posted its earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $0.88 earnings per share for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.19). Advanced Micro Devices had a return on equity of 6.62% and a net margin of 7.52%. Equities analysts predict that Advanced Micro Devices, Inc. will post 2.54 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently issued reports on AMD. Loop Capital initiated coverage on shares of Advanced Micro Devices in a research report on Tuesday, January 14th. They set a “buy” rating and a $175.00 target price on the stock. Stifel Nicolaus decreased their price objective on Advanced Micro Devices from $200.00 to $162.00 and set a “buy” rating on the stock in a research report on Wednesday. Morgan Stanley dropped their target price on Advanced Micro Devices from $158.00 to $147.00 and set an “equal weight” rating for the company in a report on Tuesday. Wolfe Research lowered Advanced Micro Devices from an “outperform” rating to a “peer perform” rating in a report on Thursday, January 16th. Finally, Piper Sandler dropped their price objective on shares of Advanced Micro Devices from $180.00 to $140.00 and set an “overweight” rating for the company in a research note on Wednesday. Two analysts have rated the stock with a sell rating, eight have given a hold rating, twenty have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $161.30.

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.