Warren Street Wealth Advisors LLC Lowers Stock Holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Warren Street Wealth Advisors LLC cut its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 4.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,459 shares of the semiconductor manufacturer’s stock after selling 119 shares during the quarter. Warren Street Wealth Advisors LLC’s holdings in Advanced Micro Devices were worth $297,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in AMD. Creative Capital Management Investments LLC lifted its holdings 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 worth $25,000 after acquiring an additional 86 shares during the period. Global Wealth Strategies & Associates acquired a new position in Advanced Micro Devices during the fourth quarter worth approximately $26,000. Retirement Wealth Solutions LLC purchased a new position in Advanced Micro Devices during the fourth quarter worth approximately $32,000. Compass Financial Services Inc acquired a new position in shares of Advanced Micro Devices in the 4th quarter valued at $39,000. Finally, FSA Wealth Management LLC purchased a new stake in shares of Advanced Micro Devices during the 3rd quarter valued at $41,000. 71.34% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Advanced Micro Devices

In related news, EVP Philip Guido bought 4,645 shares of the stock in a transaction dated Friday, February 7th. The stock was bought at an average cost of $107.56 per share, with a total value 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 $3,605,626.32. This trade represents a 16.09 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 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 disclosure for this sale can be found here. 0.73% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. Hsbc Global Res lowered Advanced Micro Devices from a “strong-buy” rating to a “moderate sell” rating in a research report on Wednesday, January 8th. Summit Insights upgraded Advanced Micro Devices to a “hold” rating in a report on Tuesday, February 4th. StockNews.com lowered Advanced Micro Devices from a “hold” rating to a “sell” rating in a research note on Tuesday, January 14th. KeyCorp dropped their target price on shares of Advanced Micro Devices from $150.00 to $140.00 and set an “overweight” rating for the company in a research report on Wednesday, February 5th. Finally, HSBC reissued a “reduce” rating and issued a $110.00 price objective (down from $200.00) on shares of Advanced Micro Devices in a research report on Wednesday, January 8th. Two analysts have rated the stock with a sell rating, ten have given a hold rating, eighteen have given a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $158.70.

Advanced Micro Devices Stock Up 0.6 %

NASDAQ:AMD opened at $111.72 on Thursday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.78 and a current ratio of 2.62. The company has a market capitalization of $181.04 billion, a price-to-earnings ratio of 112.85, a price-to-earnings-growth ratio of 1.04 and a beta of 1.65. Advanced Micro Devices, Inc. has a one year low of $106.50 and a one year high of $227.30. The stock has a 50-day simple moving average of $122.17 and a 200 day simple moving average of $139.31.

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

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.