Personal CFO Solutions LLC Reduces Stake in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Personal CFO Solutions LLC trimmed its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 13.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,322 shares of the semiconductor manufacturer’s stock after selling 351 shares during the quarter. Personal CFO Solutions LLC’s holdings in Advanced Micro Devices were worth $280,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in AMD. Bear Mountain Capital Inc. purchased a new position in Advanced Micro Devices in the fourth quarter valued at about $25,000. Global Wealth Strategies & Associates bought a new stake in shares of Advanced Micro Devices in the fourth quarter valued at approximately $26,000. Halbert Hargrove Global Advisors LLC bought a new stake in shares of Advanced Micro Devices in the fourth quarter valued at approximately $29,000. Retirement Wealth Solutions LLC bought a new stake in shares of Advanced Micro Devices in the fourth quarter valued at approximately $32,000. Finally, Compass Financial Services Inc bought a new stake in shares of Advanced Micro Devices in the fourth quarter valued at approximately $39,000. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

AMD has been the topic of several research reports. UBS Group set a $175.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, February 5th. DZ Bank lowered shares of Advanced Micro Devices from a “buy” rating to a “hold” rating and set a $120.00 price target on the stock. in a research report on Friday, February 7th. Bank of America lowered their price target on shares of Advanced Micro Devices from $155.00 to $135.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 5th. StockNews.com lowered shares of Advanced Micro Devices from a “hold” rating to a “sell” rating in a report on Thursday, March 6th. Finally, Argus set a $160.00 target price on shares of Advanced Micro Devices in a report on Thursday, February 6th. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating, nineteen have issued a buy rating and three have given a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $155.83.

Advanced Micro Devices Price Performance

Shares of Advanced Micro Devices stock opened at $96.63 on Tuesday. Advanced Micro Devices, Inc. has a 52-week low of $95.83 and a 52-week high of $203.55. The stock has a market capitalization of $156.59 billion, a price-to-earnings ratio of 97.61, a price-to-earnings-growth ratio of 1.11 and a beta of 1.74. The company has a fifty day moving average of $113.87 and a 200-day moving average of $134.58. 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 (NASDAQ:AMD) last announced 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 net margin of 6.36% and a return on equity of 7.42%. Equities research analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Insider Buying and Selling at Advanced Micro Devices

In other news, EVP Philip Guido purchased 4,645 shares of the company’s stock in a transaction 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 transaction, the executive vice president now directly owns 33,522 shares of the company’s stock, valued at approximately $3,605,626.32. This represents a 16.09 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.73% of the stock is currently owned by corporate insiders.

Advanced Micro Devices Profile

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.