Y.D. More Investments Ltd Cuts Stake in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Y.D. More Investments Ltd lessened its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 31.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 15,160 shares of the semiconductor manufacturer’s stock after selling 7,104 shares during the period. Y.D. More Investments Ltd’s holdings in Advanced Micro Devices were worth $1,759,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Christopher J. Hasenberg Inc raised its holdings in shares of Advanced Micro Devices by 12.0% in the third quarter. Christopher J. Hasenberg Inc now owns 560 shares of the semiconductor manufacturer’s stock valued at $97,000 after purchasing an additional 60 shares during the last quarter. Wealth Effects LLC increased its stake in Advanced Micro Devices by 0.7% in the 3rd quarter. Wealth Effects LLC now owns 9,419 shares of the semiconductor manufacturer’s stock valued at $1,545,000 after buying an additional 65 shares during the last quarter. Jacobsen Capital Management lifted its position in shares of Advanced Micro Devices by 2.1% during the 3rd quarter. Jacobsen Capital Management now owns 3,378 shares of the semiconductor manufacturer’s stock worth $554,000 after buying an additional 70 shares in the last quarter. Sigma Investment Counselors Inc. boosted its stake in shares of Advanced Micro Devices by 5.3% in the 3rd quarter. Sigma Investment Counselors Inc. now owns 1,482 shares of the semiconductor manufacturer’s stock worth $243,000 after buying an additional 74 shares during the last quarter. Finally, Bedell Frazier Investment Counselling LLC grew its holdings in shares of Advanced Micro Devices by 4.3% in the third quarter. Bedell Frazier Investment Counselling LLC now owns 1,780 shares of the semiconductor manufacturer’s stock valued at $292,000 after acquiring an additional 74 shares in the last quarter. Institutional investors own 71.34% of the company’s stock.

Insider Buying and Selling

In other Advanced Micro Devices news, CEO Lisa T. Su sold 76,496 shares of the business’s stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $142.66, for a total value of $10,912,919.36. Following the completion of the transaction, the chief executive officer now owns 3,566,762 shares in the company, valued at $508,834,266.92. The trade was a 2.10 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.65% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

AMD has been the topic of a number of recent analyst reports. Benchmark reiterated a “buy” rating and set a $200.00 target price on shares of Advanced Micro Devices in a research note on Thursday, October 31st. Morgan Stanley dropped their target price on shares of Advanced Micro Devices from $158.00 to $147.00 and set an “equal weight” rating on the stock in a research note on Tuesday. HSBC restated a “reduce” rating and set a $110.00 price target (down previously from $200.00) on shares of Advanced Micro Devices in a research note on Wednesday, January 8th. Wells Fargo & Company dropped their price objective on shares of Advanced Micro Devices from $205.00 to $165.00 and set an “overweight” rating on the stock in a report on Monday, January 13th. Finally, Evercore ISI lifted their target price on Advanced Micro Devices from $193.00 to $198.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating, nineteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $169.35.

Advanced Micro Devices Price Performance

Advanced Micro Devices stock opened at $119.50 on Wednesday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.78 and a current ratio of 2.50. The stock has a market capitalization of $193.93 billion, a P/E ratio of 107.66, a P/E/G ratio of 1.03 and a beta of 1.66. Advanced Micro Devices, Inc. has a 1 year low of $112.80 and a 1 year high of $227.30. The company’s fifty day moving average price is $125.38 and its 200 day moving average price is $140.81.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $0.88 earnings per share for the quarter, missing the consensus estimate of $1.07 by ($0.19). Advanced Micro Devices had a return on equity of 6.62% and a net margin of 7.52%. As a group, equities research analysts anticipate that Advanced Micro Devices, Inc. will post 2.54 earnings per share for the current fiscal year.

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.