Advisory Resource Group Increases Holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Advisory Resource Group lifted its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 22.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 9,701 shares of the semiconductor manufacturer’s stock after purchasing an additional 1,781 shares during the period. Advisory Resource Group’s holdings in Advanced Micro Devices were worth $1,172,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of AMD. Creative Capital Management Investments LLC raised its stake in Advanced Micro Devices by 124.6% in 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 in the last quarter. Global Wealth Strategies & Associates purchased a new stake in shares of Advanced Micro Devices during the 4th quarter valued at $26,000. Retirement Wealth Solutions LLC purchased a new stake in shares of Advanced Micro Devices during the 4th quarter valued at $32,000. FSA Wealth Management LLC purchased a new stake in shares of Advanced Micro Devices during the 3rd quarter valued at $41,000. Finally, Coston McIsaac & Partners lifted its holdings in shares of Advanced Micro Devices by 319.4% during the 3rd quarter. Coston McIsaac & Partners now owns 260 shares of the semiconductor manufacturer’s stock valued at $42,000 after purchasing an additional 198 shares during the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Price Performance

NASDAQ:AMD opened at $107.56 on Friday. Advanced Micro Devices, Inc. has a 52 week low of $106.50 and a 52 week high of $227.30. The company has a quick ratio of 1.78, a current ratio of 2.62 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $174.30 billion, a PE ratio of 108.65, a price-to-earnings-growth ratio of 1.04 and a beta of 1.65. The stock’s 50-day moving average price is $123.42 and its 200-day moving average price is $139.84.

Advanced Micro Devices (NASDAQ:AMD) last posted 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 return on equity of 7.42% and a net margin of 6.36%. As a group, equities analysts expect that Advanced Micro Devices, Inc. will post 4.11 EPS for the current fiscal year.

Insider Activity

In related news, CEO Lisa T. Su sold 76,496 shares of Advanced Micro Devices stock in a transaction dated 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 sale, the chief executive officer now directly owns 3,566,762 shares in the company, valued at approximately $508,834,266.92. The trade was a 2.10 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.73% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on AMD shares. KeyCorp decreased their price objective on Advanced Micro Devices from $150.00 to $140.00 and set an “overweight” rating for the company in a report on Wednesday. Stifel Nicolaus decreased their price objective on Advanced Micro Devices from $200.00 to $162.00 and set a “buy” rating for the company in a report on Wednesday. UBS Group decreased their price objective on Advanced Micro Devices from $210.00 to $205.00 and set a “buy” rating for the company in a report on Wednesday, October 30th. Evercore ISI increased 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. Finally, Rosenblatt Securities restated a “buy” rating and issued a $250.00 target price on shares of Advanced Micro Devices in a research note on Tuesday, February 4th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, eighteen have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $158.70.

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.