880 Shares in Advanced Micro Devices, Inc. (NASDAQ:AMD) Purchased by Stonebridge Financial Group LLC

Stonebridge Financial Group LLC acquired a new stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 880 shares of the semiconductor manufacturer’s stock, valued at approximately $106,000.

Other institutional investors have also added to or reduced their stakes in the company. Creative Capital Management Investments LLC lifted its stake in shares of Advanced Micro Devices by 124.6% during the 3rd quarter. Creative Capital Management Investments LLC now owns 155 shares of the semiconductor manufacturer’s stock valued at $25,000 after buying an additional 86 shares in the last quarter. Global Wealth Strategies & Associates bought a new stake in Advanced Micro Devices during the 4th quarter valued at $26,000. FSA Wealth Management LLC purchased a new stake in shares of Advanced Micro Devices during the third quarter worth $41,000. Coston McIsaac & Partners lifted its position in shares of Advanced Micro Devices by 319.4% during the third quarter. Coston McIsaac & Partners now owns 260 shares of the semiconductor manufacturer’s stock worth $42,000 after acquiring an additional 198 shares in the last quarter. Finally, Retirement Wealth Solutions LLC bought a new position in shares of Advanced Micro Devices in the fourth quarter worth $32,000. 71.34% of the stock is owned by hedge funds and other institutional investors.

Advanced Micro Devices Price Performance

Shares of NASDAQ AMD opened at $111.72 on Thursday. Advanced Micro Devices, Inc. has a 1 year low of $106.50 and a 1 year high of $227.30. The stock has a market capitalization of $181.04 billion, a P/E ratio of 112.85, a P/E/G ratio of 1.04 and a beta of 1.65. The company’s 50-day moving average is $122.17 and its 200 day moving average is $139.31. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.62 and a quick ratio of 1.78.

Advanced Micro Devices (NASDAQ:AMD) last posted its earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.07. Advanced Micro Devices had a return on equity of 7.42% and a net margin of 6.36%. On average, sell-side analysts expect that Advanced Micro Devices, Inc. will post 4.11 earnings per share for the current year.

Insider Buying and Selling

In other Advanced Micro Devices news, EVP Philip Guido bought 4,645 shares of the stock in a transaction dated Friday, February 7th. The stock was purchased at an average cost of $107.56 per share, for a total transaction of $499,616.20. Following the completion of the acquisition, the executive vice president now owns 33,522 shares of the company’s stock, valued at approximately $3,605,626.32. This trade represents a 16.09 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Lisa T. Su sold 76,496 shares of the business’s 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 completion of the sale, 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 disclosure for this sale can be found here. 0.73% of the stock is owned by insiders.

Wall Street Analyst Weigh In

AMD has been the topic of a number of recent research reports. Morgan Stanley dropped their price objective on Advanced Micro Devices from $158.00 to $147.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 4th. The Goldman Sachs Group downgraded shares of Advanced Micro Devices from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $175.00 to $129.00 in a report on Friday, January 10th. Argus raised shares of Advanced Micro Devices to a “strong-buy” rating in a research note on Thursday, February 6th. DZ Bank lowered shares of Advanced Micro Devices from a “buy” rating to a “hold” rating and set a $120.00 target price on the stock. in a report on Friday, February 7th. Finally, HSBC reissued a “reduce” rating and issued a $110.00 price target (down from $200.00) on shares of Advanced Micro Devices in a report on Wednesday, January 8th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, eighteen have assigned a buy rating and three have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Advanced Micro Devices has a consensus rating of “Moderate Buy” and an average target price of $158.70.

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.