Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares Sold by United Services Automobile Association

United Services Automobile Association cut its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 0.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 37,463 shares of the semiconductor manufacturer’s stock after selling 100 shares during the period. United Services Automobile Association’s holdings in Advanced Micro Devices were worth $4,525,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of AMD. Bear Mountain Capital Inc. acquired a new stake in Advanced Micro Devices in the fourth quarter worth $25,000. Global Wealth Strategies & Associates bought a new position in shares of Advanced Micro Devices during the fourth quarter worth about $26,000. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of Advanced Micro Devices in the 4th quarter worth about $29,000. Retirement Wealth Solutions LLC bought a new stake in Advanced Micro Devices in the 4th quarter valued at about $32,000. Finally, IAG Wealth Partners LLC lifted its position in Advanced Micro Devices by 74.7% in the 4th quarter. IAG Wealth Partners LLC now owns 276 shares of the semiconductor manufacturer’s stock valued at $33,000 after purchasing an additional 118 shares during the last quarter. Institutional investors own 71.34% of the company’s stock.

Insider Activity at Advanced Micro Devices

In related news, EVP Philip Guido bought 4,645 shares of the company’s stock in a transaction that occurred on Friday, February 7th. The shares were acquired at an average price of $107.56 per share, with a total value of $499,616.20. Following the completion of the transaction, the executive vice president now owns 33,522 shares of the company’s stock, valued at $3,605,626.32. The trade was a 16.09 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.73% of the company’s stock.

Advanced Micro Devices Stock Down 0.7 %

Shares of NASDAQ:AMD opened at $106.44 on Monday. The firm has a 50 day simple moving average of $110.28 and a 200 day simple moving average of $131.78. Advanced Micro Devices, Inc. has a 52 week low of $94.73 and a 52 week high of $187.28. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.83 and a current ratio of 2.62. The company has a market cap of $172.48 billion, a PE ratio of 107.52, a price-to-earnings-growth ratio of 1.11 and a beta of 1.74.

Advanced Micro Devices (NASDAQ:AMD) last released its earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 earnings per share (EPS) 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%. As a group, research analysts expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Analyst Ratings Changes

AMD has been the topic of several analyst reports. Morgan Stanley set a $137.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, February 5th. Stifel Nicolaus lowered their target price on Advanced Micro Devices from $200.00 to $162.00 and set a “buy” rating on the stock in a research report on Wednesday, February 5th. Citigroup reaffirmed a “buy” rating on shares of Advanced Micro Devices in a research note on Wednesday, February 19th. Benchmark reissued a “buy” rating and issued a $170.00 price target on shares of Advanced Micro Devices in a research note on Tuesday, February 18th. Finally, Argus set a $160.00 price objective on shares of Advanced Micro Devices in a report on Thursday, February 6th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating, nineteen have given a buy rating and three have issued a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $155.14.

Advanced Micro Devices Company 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.