Advanced Micro Devices, Inc. (NASDAQ:AMD) Stock Position Increased by U.S. Capital Wealth Advisors LLC

U.S. Capital Wealth Advisors LLC boosted its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 4.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 32,267 shares of the semiconductor manufacturer’s stock after buying an additional 1,418 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in Advanced Micro Devices were worth $4,756,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. International Assets Investment Management LLC boosted its stake in Advanced Micro Devices by 15,896.5% in the 4th quarter. International Assets Investment Management LLC now owns 3,737,433 shares of the semiconductor manufacturer’s stock worth $550,935,000 after purchasing an additional 3,714,069 shares during the period. Sylebra Capital LLC acquired a new stake in Advanced Micro Devices during the 3rd quarter worth about $227,566,000. Atreides Management LP increased its holdings in shares of Advanced Micro Devices by 114.3% in the 3rd quarter. Atreides Management LP now owns 3,422,730 shares of the semiconductor manufacturer’s stock valued at $351,925,000 after purchasing an additional 1,825,557 shares during the period. Quadrature Capital Ltd acquired a new stake in shares of Advanced Micro Devices during the third quarter worth approximately $169,199,000. Finally, Jennison Associates LLC grew its position in Advanced Micro Devices by 5.9% during the fourth quarter. Jennison Associates LLC now owns 26,886,280 shares of the semiconductor manufacturer’s stock valued at $3,963,307,000 after purchasing an additional 1,490,997 shares in the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.

Advanced Micro Devices Stock Up 3.0 %

Advanced Micro Devices stock traded up $4.44 during mid-day trading on Friday, reaching $150.60. The company’s stock had a trading volume of 49,361,081 shares, compared to its average volume of 55,429,640. The business’s 50 day simple moving average is $175.41 and its 200 day simple moving average is $151.81. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.86 and a current ratio of 2.64. Advanced Micro Devices, Inc. has a 12 month low of $81.11 and a 12 month high of $227.30. The company has a market capitalization of $243.42 billion, a price-to-earnings ratio of 221.47, a price-to-earnings-growth ratio of 2.29 and a beta of 1.66.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings results on Tuesday, April 30th. The semiconductor manufacturer reported $0.62 EPS for the quarter, beating the consensus estimate of $0.61 by $0.01. The firm had revenue of $5.47 billion during the quarter, compared to analysts’ expectations of $5.48 billion. Advanced Micro Devices had a return on equity of 5.72% and a net margin of 4.89%. The business’s quarterly revenue was up 2.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.43 earnings per share. As a group, research analysts anticipate that Advanced Micro Devices, Inc. will post 2.59 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. KeyCorp lowered their price target on shares of Advanced Micro Devices from $270.00 to $230.00 and set an “overweight” rating on the stock in a report on Wednesday. StockNews.com lowered Advanced Micro Devices from a “hold” rating to a “sell” rating in a research report on Saturday. New Street Research raised Advanced Micro Devices from a “neutral” rating to a “buy” rating and set a $215.00 price target for the company in a research note on Wednesday, January 24th. UBS Group dropped their price objective on Advanced Micro Devices from $205.00 to $200.00 and set a “buy” rating on the stock in a report on Wednesday. Finally, Cantor Fitzgerald reduced their target price on shares of Advanced Micro Devices from $190.00 to $170.00 and set an “overweight” rating for the company in a research note on Wednesday. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-six have issued a buy rating to the company. Based on data from MarketBeat.com, Advanced Micro Devices presently has a consensus rating of “Moderate Buy” and an average target price of $184.24.

Insider Activity at Advanced Micro Devices

In related news, Director Joseph A. Householder sold 6,572 shares of Advanced Micro Devices stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $208.08, for a total transaction of $1,367,501.76. Following the completion of the transaction, the director now owns 2,197 shares in the company, valued at $457,151.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director Joseph A. Householder sold 6,572 shares of the company’s stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $208.08, for a total value of $1,367,501.76. Following the transaction, the director now owns 2,197 shares in the company, valued at approximately $457,151.76. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CAO Darla M. Smith sold 1,678 shares of the company’s stock in a transaction that occurred on Thursday, February 29th. The shares were sold at an average price of $188.66, for a total value of $316,571.48. Following the completion of the transaction, the chief accounting officer now directly owns 4,209 shares in the company, valued at approximately $794,069.94. The disclosure for this sale can be found here. Over the last three months, insiders sold 181,850 shares of company stock valued at $34,637,833. 0.73% of the stock is owned by corporate insiders.

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.