Texas Yale Capital Corp. Purchases 217 Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

Texas Yale Capital Corp. increased its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 15.0% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,667 shares of the semiconductor manufacturer’s stock after buying an additional 217 shares during the period. Texas Yale Capital Corp.’s holdings in Advanced Micro Devices were worth $301,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Thrive Wealth Management LLC acquired a new stake in Advanced Micro Devices in the fourth quarter worth $205,000. Sound Income Strategies LLC grew its holdings in Advanced Micro Devices by 44.2% in the fourth quarter. Sound Income Strategies LLC now owns 506 shares of the semiconductor manufacturer’s stock worth $75,000 after purchasing an additional 155 shares during the period. City State Bank grew its holdings in Advanced Micro Devices by 45.7% in the fourth quarter. City State Bank now owns 6,942 shares of the semiconductor manufacturer’s stock worth $1,023,000 after purchasing an additional 2,177 shares during the period. Creative Financial Designs Inc. ADV grew its holdings in Advanced Micro Devices by 3.0% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 3,671 shares of the semiconductor manufacturer’s stock worth $541,000 after purchasing an additional 107 shares during the period. Finally, Bowman & Co S.C. acquired a new position in shares of Advanced Micro Devices during the fourth quarter valued at about $1,070,000. Institutional investors own 71.34% of the company’s stock.

Insider Activity at Advanced Micro Devices

In related news, EVP Mark D. Papermaster sold 16,200 shares of the business’s stock in a transaction dated Friday, June 14th. The shares were sold at an average price of $158.94, for a total transaction of $2,574,828.00. Following the transaction, the executive vice president now owns 1,546,227 shares in the company, valued at $245,757,319.38. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, EVP Mark D. Papermaster sold 16,756 shares of the business’s stock in a transaction dated Monday, July 15th. The shares were sold at an average price of $184.50, for a total transaction of $3,091,482.00. Following the sale, the executive vice president now owns 1,546,227 shares of the company’s stock, valued at $285,278,881.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Mark D. Papermaster sold 16,200 shares of the business’s stock in a transaction dated Friday, June 14th. The stock was sold at an average price of $158.94, for a total transaction of $2,574,828.00. Following the sale, the executive vice president now directly owns 1,546,227 shares in the company, valued at approximately $245,757,319.38. The disclosure for this sale can be found here. 0.73% of the stock is owned by corporate insiders.

Advanced Micro Devices Trading Down 2.9 %

Shares of AMD stock traded down $4.60 during mid-day trading on Thursday, reaching $154.83. The stock had a trading volume of 61,463,339 shares, compared to its average volume of 64,230,430. The stock’s 50-day moving average price is $164.21 and its two-hundred day moving average price is $167.90. Advanced Micro Devices, Inc. has a 52-week low of $93.11 and a 52-week high of $227.30. The firm has a market capitalization of $250.25 billion, a PE ratio of 231.58, a price-to-earnings-growth ratio of 2.06 and a beta of 1.68. The company has a current ratio of 2.64, a quick ratio of 1.92 and a debt-to-equity ratio of 0.03.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings data on Tuesday, April 30th. The semiconductor manufacturer reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.01. Advanced Micro Devices had a net margin of 4.89% and a return on equity of 5.72%. The firm had revenue of $5.47 billion for the quarter, compared to analysts’ expectations of $5.48 billion. During the same quarter in the previous year, the company earned $0.43 earnings per share. The company’s revenue for the quarter was up 2.2% compared to the same quarter last year. Equities analysts expect that Advanced Micro Devices, Inc. will post 2.6 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Wedbush reiterated an “outperform” rating and set a $200.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, May 1st. Truist Financial reduced their price objective on shares of Advanced Micro Devices from $174.00 to $162.00 and set a “hold” rating for the company in a report on Wednesday, May 1st. Morgan Stanley cut shares of Advanced Micro Devices from an “overweight” rating to an “equal weight” rating and set a $176.00 price target on the stock. in a report on Monday, June 10th. Benchmark cut their price target on shares of Advanced Micro Devices from $245.00 to $200.00 and set a “buy” rating on the stock in a report on Thursday, May 2nd. Finally, Piper Sandler reiterated an “overweight” rating and issued a $175.00 price objective (down from $195.00) on shares of Advanced Micro Devices in a research note on Wednesday, May 1st. One investment analyst has rated the stock with a sell rating, three have given a hold rating and twenty-seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $193.47.

About Advanced Micro Devices

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.