Boston Financial Mangement LLC Has $774,000 Position in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Boston Financial Mangement LLC raised its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 13.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 6,404 shares of the semiconductor manufacturer’s stock after purchasing an additional 750 shares during the period. Boston Financial Mangement LLC’s holdings in Advanced Micro Devices were worth $774,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Maytree Asset Management Ltd acquired a new stake in shares of Advanced Micro Devices in the 4th quarter valued at $1,099,000. Meitav Investment House Ltd. lifted its stake in shares of Advanced Micro Devices by 41.1% in the 4th quarter. Meitav Investment House Ltd. now owns 3,881 shares of the semiconductor manufacturer’s stock valued at $469,000 after purchasing an additional 1,130 shares during the last quarter. Wealth Alliance lifted its stake in shares of Advanced Micro Devices by 39.7% in the 4th quarter. Wealth Alliance now owns 5,571 shares of the semiconductor manufacturer’s stock valued at $673,000 after purchasing an additional 1,582 shares during the last quarter. Sunpointe LLC lifted its stake in shares of Advanced Micro Devices by 6.4% in the 4th quarter. Sunpointe LLC now owns 1,784 shares of the semiconductor manufacturer’s stock valued at $216,000 after purchasing an additional 108 shares during the last quarter. Finally, Jacobson & Schmitt Advisors LLC lifted its stake in shares of Advanced Micro Devices by 9.5% in the 4th quarter. Jacobson & Schmitt Advisors LLC now owns 2,300 shares of the semiconductor manufacturer’s stock valued at $278,000 after purchasing an additional 200 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Insider Buying and Selling at Advanced Micro Devices

In other news, CEO Lisa T. Su sold 76,496 shares of the company’s stock in a transaction that occurred on Wednesday, December 4th. The shares were 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 in the company, valued at approximately $508,834,266.92. This represents a 2.10 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Philip Guido bought 4,645 shares of Advanced Micro Devices stock in a transaction dated Friday, February 7th. The shares were bought at an average price of $107.56 per share, for a total transaction of $499,616.20. Following the completion of the transaction, the executive vice president now directly owns 33,522 shares of the company’s stock, valued at $3,605,626.32. This represents a 16.09 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 0.73% of the company’s stock.

Analyst Upgrades and Downgrades

AMD has been the subject of several analyst reports. DZ Bank lowered shares of Advanced Micro Devices from a “buy” rating to a “hold” rating and set a $120.00 price objective for the company. in a research note on Friday, February 7th. Stifel Nicolaus dropped their target price on shares of Advanced Micro Devices from $200.00 to $162.00 and set a “buy” rating on the stock in a report on Wednesday, February 5th. Evercore ISI lifted their target price on shares of Advanced Micro Devices from $193.00 to $198.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th. Mizuho dropped their target price on shares of Advanced Micro Devices from $160.00 to $140.00 and set an “outperform” rating on the stock in a report on Wednesday, February 5th. Finally, HSBC reiterated a “reduce” rating and issued a $110.00 target price (down previously from $200.00) on shares of Advanced Micro Devices in a report on Wednesday, January 8th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating, eighteen have assigned a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $158.70.

Advanced Micro Devices Price Performance

NASDAQ:AMD opened at $114.17 on Friday. The firm has a market cap of $185.01 billion, a PE ratio of 115.32, a price-to-earnings-growth ratio of 1.15 and a beta of 1.65. Advanced Micro Devices, Inc. has a 12 month low of $106.50 and a 12 month high of $227.30. The company has a quick ratio of 1.83, a current ratio of 2.62 and a debt-to-equity ratio of 0.03. The company’s 50-day moving average price is $119.16 and its two-hundred day moving average price is $138.11.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly 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%. On average, equities analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal 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.