Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares Sold by Woodward Diversified Capital LLC

Woodward Diversified Capital LLC trimmed its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 8.9% in the 4th quarter, HoldingsChannel reports. The firm owned 2,177 shares of the semiconductor manufacturer’s stock after selling 213 shares during the quarter. Woodward Diversified Capital LLC’s holdings in Advanced Micro Devices were worth $263,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of AMD. Christopher J. Hasenberg Inc increased its position in shares of Advanced Micro Devices by 12.0% in the third quarter. Christopher J. Hasenberg Inc now owns 560 shares of the semiconductor manufacturer’s stock worth $97,000 after acquiring an additional 60 shares in the last quarter. Wealth Effects LLC grew its position in Advanced Micro Devices by 0.7% during the 3rd quarter. Wealth Effects LLC now owns 9,419 shares of the semiconductor manufacturer’s stock worth $1,545,000 after purchasing an additional 65 shares in the last quarter. Jacobsen Capital Management raised its stake in Advanced Micro Devices by 2.1% during the 3rd quarter. Jacobsen Capital Management now owns 3,378 shares of the semiconductor manufacturer’s stock valued at $554,000 after purchasing an additional 70 shares during the period. Sigma Investment Counselors Inc. lifted its holdings in shares of Advanced Micro Devices by 5.3% in the third quarter. Sigma Investment Counselors Inc. now owns 1,482 shares of the semiconductor manufacturer’s stock valued at $243,000 after purchasing an additional 74 shares in the last quarter. Finally, Bedell Frazier Investment Counselling LLC boosted its position in shares of Advanced Micro Devices by 4.3% in the third quarter. Bedell Frazier Investment Counselling LLC now owns 1,780 shares of the semiconductor manufacturer’s stock worth $292,000 after buying an additional 74 shares during the period. Institutional investors and hedge funds own 71.34% of the company’s stock.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, CEO Lisa T. Su sold 76,496 shares of the business’s stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $142.66, for a total value of $10,912,919.36. Following the transaction, the chief executive officer now owns 3,566,762 shares of the company’s stock, valued at approximately $508,834,266.92. The trade was a 2.10 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.65% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on AMD. Evercore ISI increased their price objective on Advanced Micro Devices from $193.00 to $198.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 30th. Loop Capital assumed coverage on shares of Advanced Micro Devices in a research report on Tuesday, January 14th. They issued a “buy” rating and a $175.00 price target for the company. Stifel Nicolaus lowered their price objective on shares of Advanced Micro Devices from $200.00 to $162.00 and set a “buy” rating on the stock in a research report on Wednesday. Piper Sandler cut their target price on shares of Advanced Micro Devices from $180.00 to $140.00 and set an “overweight” rating for the company in a research report on Wednesday. Finally, Melius Research reissued a “hold” rating and set a $129.00 target price (down previously from $160.00) on shares of Advanced Micro Devices in a research note on Tuesday, January 28th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating, eighteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $158.70.

Advanced Micro Devices Stock Down 2.4 %

NASDAQ AMD opened at $107.56 on Friday. Advanced Micro Devices, Inc. has a twelve month low of $106.50 and a twelve month high of $227.30. The stock has a market cap of $174.55 billion, a PE ratio of 96.90, a PEG ratio of 1.03 and a beta of 1.66. The firm has a 50-day simple moving average of $124.01 and a 200 day simple moving average of $140.18. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.78 and a current ratio of 2.50.

Advanced Micro Devices (NASDAQ:AMD) last issued its earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $0.88 earnings per share for the quarter, missing the consensus estimate of $1.07 by ($0.19). Advanced Micro Devices had a net margin of 7.52% and a return on equity of 6.62%. On average, research analysts forecast that Advanced Micro Devices, Inc. will post 2.54 EPS 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.