2,044 Shares in Advanced Micro Devices, Inc. (NASDAQ:AMD) Purchased by USAdvisors Wealth Management LLC

USAdvisors Wealth Management LLC acquired a new stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,044 shares of the semiconductor manufacturer’s stock, valued at approximately $246,000.

Other institutional investors have also modified their holdings of the company. Advisory Alpha LLC lifted its position in Advanced Micro Devices by 7.5% in the second quarter. Advisory Alpha LLC now owns 4,674 shares of the semiconductor manufacturer’s stock worth $758,000 after buying an additional 326 shares during the last quarter. SPC Financial Inc. purchased a new stake in shares of Advanced Micro Devices in the second quarter valued at $474,000. New Century Financial Group LLC bought a new stake in shares of Advanced Micro Devices in the 2nd quarter worth about $246,000. Strategic Investment Solutions Inc. IL purchased a new position in shares of Advanced Micro Devices during the 2nd quarter worth about $450,000. Finally, Gordian Capital Singapore Pte Ltd grew its holdings in Advanced Micro Devices by 74.0% during the 2nd quarter. Gordian Capital Singapore Pte Ltd now owns 119,293 shares of the semiconductor manufacturer’s stock valued at $19,351,000 after purchasing an additional 50,730 shares during the last quarter. 71.34% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on AMD shares. Roth Mkm restated a “buy” rating and set a $200.00 target price on shares of Advanced Micro Devices in a research report on Friday, October 11th. Wolfe Research downgraded Advanced Micro Devices from an “outperform” rating to a “peer perform” rating in a research report on Thursday, January 16th. Loop Capital began coverage on Advanced Micro Devices in a research report on Tuesday, January 14th. They set a “buy” rating and a $175.00 target price for the company. Piper Sandler restated an “overweight” rating and issued a $180.00 price target (down from $200.00) on shares of Advanced Micro Devices in a report on Wednesday, October 30th. Finally, Bank of America lowered shares of Advanced Micro Devices from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $180.00 to $155.00 in a report on Monday, December 9th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating, twenty-one have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $171.86.

Insiders Place Their Bets

In other news, EVP Forrest Eugene Norrod sold 40,540 shares of the company’s stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $141.67, for a total value of $5,743,301.80. Following the sale, the executive vice president now directly owns 293,347 shares of the company’s stock, valued at $41,558,469.49. This represents a 12.14 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Lisa T. Su sold 76,496 shares of the firm’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 trade represents a 2.10 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 197,036 shares of company stock valued at $28,165,821. Insiders own 0.65% of the company’s stock.

Advanced Micro Devices Stock Up 2.8 %

Shares of AMD stock opened at $117.35 on Thursday. The stock’s fifty day moving average price is $127.14 and its 200 day moving average price is $142.27. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.50 and a quick ratio of 1.78. Advanced Micro Devices, Inc. has a 1-year low of $112.80 and a 1-year high of $227.30. The company has a market cap of $190.44 billion, a price-to-earnings ratio of 105.72, a price-to-earnings-growth ratio of 1.09 and a beta of 1.66.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings data on Tuesday, October 29th. The semiconductor manufacturer reported $0.92 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.92. The firm had revenue of $6.82 billion for the quarter, compared to the consensus estimate of $6.71 billion. Advanced Micro Devices had a net margin of 7.52% and a return on equity of 6.62%. The company’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.53 earnings per share. On average, research analysts expect that Advanced Micro Devices, Inc. will post 2.54 earnings per share for the current fiscal year.

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.