Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares Sold by Robeco Schweiz AG

Robeco Schweiz AG cut its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 57.1% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 2,700 shares of the semiconductor manufacturer’s stock after selling 3,600 shares during the period. Robeco Schweiz AG’s holdings in Advanced Micro Devices were worth $326,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Swedbank AB lifted its position in shares of 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 in the last quarter. Howard Capital Management Group LLC increased its stake in 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. Pallas Capital Advisors LLC lifted its holdings in Advanced Micro Devices by 2.2% during the 3rd quarter. Pallas Capital Advisors LLC now owns 3,836 shares of the semiconductor manufacturer’s stock worth $589,000 after buying an additional 82 shares in the last quarter. Boston Financial Mangement LLC boosted its position in Advanced Micro Devices by 1.4% in the 3rd quarter. Boston Financial Mangement LLC now owns 5,654 shares of the semiconductor manufacturer’s stock valued at $928,000 after buying an additional 80 shares during the period. Finally, Integrated Advisors Network LLC grew its stake in shares of Advanced Micro Devices by 17.7% in the third quarter. Integrated Advisors Network LLC now owns 21,823 shares of the semiconductor manufacturer’s stock worth $3,581,000 after acquiring an additional 3,278 shares in the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Advanced Micro Devices

In other news, EVP Philip Guido bought 4,645 shares of the stock in a transaction dated Friday, February 7th. The shares were acquired at an average price of $107.56 per share, with a total value of $499,616.20. Following the completion of the acquisition, the executive vice president now directly owns 33,522 shares in the company, valued at approximately $3,605,626.32. The trade was a 16.09 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Lisa T. Su sold 76,496 shares of the business’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 transaction, the chief executive officer now owns 3,566,762 shares in the company, valued at approximately $508,834,266.92. This trade represents a 2.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.65% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on AMD shares. Hsbc Global Res cut Advanced Micro Devices from a “strong-buy” rating to a “moderate sell” rating in a research note on Wednesday, January 8th. HSBC reaffirmed a “reduce” rating and issued a $110.00 price target (down previously from $200.00) on shares of Advanced Micro Devices in a research report on Wednesday, January 8th. Melius Research reissued a “hold” rating and set a $129.00 price objective (down from $160.00) on shares of Advanced Micro Devices in a research report on Tuesday, January 28th. StockNews.com upgraded shares of Advanced Micro Devices from a “sell” rating to a “hold” rating in a research note on Wednesday. Finally, Argus set a $160.00 price target on shares of Advanced Micro Devices in a research note on Thursday, February 6th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating, nineteen have issued a buy rating and three have given a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $155.83.

Advanced Micro Devices Stock Up 0.8 %

AMD stock opened at $104.74 on Thursday. The company has a market cap of $169.73 billion, a price-to-earnings ratio of 105.80, a price-to-earnings-growth ratio of 1.11 and a beta of 1.66. The company has a fifty day moving average price of $117.72 and a 200 day moving average price of $137.42. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.62 and a quick ratio of 1.83. Advanced Micro Devices, Inc. has a 12 month low of $103.62 and a 12 month high of $227.30.

Advanced Micro Devices (NASDAQ:AMD) last announced its earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 EPS for the quarter, meeting analysts’ consensus estimates of $1.07. Advanced Micro Devices had a net margin of 6.36% and a return on equity of 7.42%. Sell-side analysts expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Advanced Micro Devices Company 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.