Mirador Capital Partners LP Buys 174 Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

Mirador Capital Partners LP raised its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 0.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 25,737 shares of the semiconductor manufacturer’s stock after buying an additional 174 shares during the period. Mirador Capital Partners LP’s holdings in Advanced Micro Devices were worth $3,109,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in AMD. Hennion & Walsh Asset Management Inc. increased its stake in shares of Advanced Micro Devices by 23.1% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 10,335 shares of the semiconductor manufacturer’s stock worth $1,248,000 after purchasing an additional 1,942 shares in the last quarter. Mason & Associates Inc lifted its position in Advanced Micro Devices by 30.7% during the fourth quarter. Mason & Associates Inc now owns 8,534 shares of the semiconductor manufacturer’s stock valued at $1,031,000 after purchasing an additional 2,004 shares during the last quarter. SignalPoint Asset Management LLC lifted its position in Advanced Micro Devices by 6.5% during the fourth quarter. SignalPoint Asset Management LLC now owns 2,329 shares of the semiconductor manufacturer’s stock valued at $281,000 after purchasing an additional 142 shares during the last quarter. Winch Advisory Services LLC lifted its position in Advanced Micro Devices by 72.0% during the fourth quarter. Winch Advisory Services LLC now owns 2,377 shares of the semiconductor manufacturer’s stock valued at $287,000 after purchasing an additional 995 shares during the last quarter. Finally, Outlook Wealth Advisors LLC lifted its position in Advanced Micro Devices by 8.8% during the fourth quarter. Outlook Wealth Advisors LLC now owns 1,801 shares of the semiconductor manufacturer’s stock valued at $218,000 after purchasing an additional 146 shares during the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.

Advanced Micro Devices Trading Down 0.4 %

Shares of AMD opened at $119.53 on Thursday. The company has a current ratio of 2.50, a quick ratio of 1.78 and a debt-to-equity ratio of 0.03. Advanced Micro Devices, Inc. has a 12-month low of $114.41 and a 12-month high of $227.30. The firm has a 50-day moving average price of $131.60 and a 200 day moving average price of $145.95. The firm has a market capitalization of $193.97 billion, a P/E ratio of 107.68, a P/E/G ratio of 1.03 and a beta of 1.66.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings data on Tuesday, October 29th. The semiconductor manufacturer reported $0.92 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.92. Advanced Micro Devices had a return on equity of 6.62% and a net margin of 7.52%. The business had revenue of $6.82 billion for the quarter, compared to analyst estimates of $6.71 billion. During the same quarter in the prior year, the company earned $0.53 earnings per share. The company’s revenue was up 17.6% on a year-over-year basis. Sell-side analysts forecast that Advanced Micro Devices, Inc. will post 2.54 EPS for the current year.

Wall Street Analyst Weigh In

AMD has been the subject of several research reports. The Goldman Sachs Group lowered shares of Advanced Micro Devices from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $175.00 to $129.00 in a research report on Friday, January 10th. KeyCorp lowered their target price on shares of Advanced Micro Devices from $220.00 to $150.00 and set an “overweight” rating for the company in a report on Tuesday. Bank of America lowered shares of Advanced Micro Devices from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $180.00 to $155.00 in a report on Monday, December 9th. Hsbc Global Res lowered shares of Advanced Micro Devices from a “strong-buy” rating to a “moderate sell” rating in a report on Wednesday, January 8th. Finally, Roth Mkm reiterated a “buy” rating and set a $200.00 price objective on shares of Advanced Micro Devices in a report on Friday, October 11th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating, twenty-two have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $179.68.

Insider Buying and Selling

In other news, EVP Forrest Eugene Norrod sold 40,540 shares of Advanced Micro Devices stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $141.67, for a total value of $5,743,301.80. Following the transaction, the executive vice president now directly owns 293,347 shares of the company’s stock, valued at $41,558,469.49. The trade was a 12.14 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Lisa T. Su sold 76,496 shares of the stock in a transaction that occurred 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 sale, the chief executive officer now directly owns 3,566,762 shares of the company’s stock, valued at $508,834,266.92. The trade was a 2.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 197,036 shares of company stock worth $28,165,821 over the last 90 days. 0.65% of the stock is owned by 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.