Whipplewood Advisors LLC Invests $281,000 in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Whipplewood Advisors LLC acquired a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 2,323 shares of the semiconductor manufacturer’s stock, valued at approximately $281,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Creative Capital Management Investments LLC boosted its position in shares of Advanced Micro Devices by 124.6% during the third 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. Bear Mountain Capital Inc. bought a new stake in Advanced Micro Devices in the 4th quarter valued at approximately $25,000. Global Wealth Strategies & Associates acquired a new position in Advanced Micro Devices during the 4th quarter worth approximately $26,000. Retirement Wealth Solutions LLC bought a new position in shares of Advanced Micro Devices during the 4th quarter worth approximately $32,000. Finally, Compass Financial Services Inc acquired a new stake in shares of Advanced Micro Devices in the fourth quarter valued at approximately $39,000. 71.34% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Advanced Micro Devices

In other news, EVP Philip Guido bought 4,645 shares of the company’s stock in a transaction dated Friday, February 7th. The stock was bought at an average cost of $107.56 per share, for a total transaction of $499,616.20. Following the transaction, the executive vice president now owns 33,522 shares of the company’s stock, valued at $3,605,626.32. This 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 hyperlink. Also, CEO Lisa T. Su sold 76,496 shares of the 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 in the company, valued at $508,834,266.92. This represents a 2.10 % decrease in their position. The disclosure for this sale can be found here. 0.65% of the stock is currently owned by corporate insiders.

Advanced Micro Devices Stock Up 0.8 %

AMD opened at $104.74 on Thursday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.83 and a current ratio of 2.62. The stock has a fifty day moving average of $117.72 and a 200-day moving average of $137.42. Advanced Micro Devices, Inc. has a fifty-two week low of $103.62 and a fifty-two week high of $227.30. The company has a market capitalization of $169.73 billion, a P/E ratio of 105.80, a P/E/G ratio of 1.11 and a beta of 1.66.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 earnings per share for the quarter, hitting the consensus estimate of $1.07. Advanced Micro Devices had a net margin of 6.36% and a return on equity of 7.42%. On average, equities analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts recently commented on AMD shares. UBS Group set a $175.00 target price on shares of Advanced Micro Devices in a report on Wednesday, February 5th. Stifel Nicolaus reduced their price objective on shares of Advanced Micro Devices from $200.00 to $162.00 and set a “buy” rating for the company in a research note on Wednesday, February 5th. Evercore ISI raised their price objective on Advanced Micro Devices from $193.00 to $198.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. The Goldman Sachs Group lowered Advanced Micro Devices from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $175.00 to $129.00 in a report on Friday, January 10th. Finally, Melius Research restated a “hold” rating and issued a $129.00 price target (down from $160.00) on shares of Advanced Micro Devices in a research note on Tuesday, January 28th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating, nineteen have assigned a buy rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $155.83.

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.