Advanced Micro Devices, Inc. (NASDAQ:AMD) Stock Holdings Trimmed by Stephens Inc. AR

Stephens Inc. AR cut its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Get Rating) by 13.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 23,404 shares of the semiconductor manufacturer’s stock after selling 3,786 shares during the quarter. Stephens Inc. AR’s holdings in Advanced Micro Devices were worth $1,516,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Continuum Advisory LLC boosted its position in shares of Advanced Micro Devices by 2.1% during the first quarter. Continuum Advisory LLC now owns 5,452 shares of the semiconductor manufacturer’s stock worth $466,000 after buying an additional 113 shares during the period. Wills Financial Group Inc. boosted its position in shares of Advanced Micro Devices by 1.3% during the third quarter. Wills Financial Group Inc. now owns 10,365 shares of the semiconductor manufacturer’s stock worth $657,000 after buying an additional 135 shares during the period. First Financial Corp IN boosted its position in shares of Advanced Micro Devices by 18.1% during the fourth quarter. First Financial Corp IN now owns 927 shares of the semiconductor manufacturer’s stock worth $60,000 after buying an additional 142 shares during the period. Zeke Capital Advisors LLC boosted its position in shares of Advanced Micro Devices by 1.8% during the second quarter. Zeke Capital Advisors LLC now owns 8,194 shares of the semiconductor manufacturer’s stock worth $627,000 after buying an additional 147 shares during the period. Finally, Missouri Trust & Investment Co boosted its position in shares of Advanced Micro Devices by 24.2% during the third quarter. Missouri Trust & Investment Co now owns 770 shares of the semiconductor manufacturer’s stock worth $49,000 after buying an additional 150 shares during the period. 67.17% of the stock is owned by institutional investors.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 30,000 shares of the business’s stock in a transaction on Monday, February 6th. The shares were sold at an average price of $85.19, for a total transaction of $2,555,700.00. Following the sale, the executive vice president now directly owns 1,516,945 shares of the company’s stock, valued at approximately $129,228,544.55. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, EVP Rick Bergman sold 3,000 shares of the company’s stock in a transaction on Thursday, February 9th. The shares were sold at an average price of $85.88, for a total value of $257,640.00. Following the transaction, the executive vice president now directly owns 155,232 shares of the company’s stock, valued at $13,331,324.16. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Mark D. Papermaster sold 30,000 shares of the company’s stock in a transaction on Monday, February 6th. The stock was sold at an average price of $85.19, for a total transaction of $2,555,700.00. Following the completion of the transaction, the executive vice president now directly owns 1,516,945 shares in the company, valued at $129,228,544.55. The disclosure for this sale can be found here. Insiders have sold a total of 63,000 shares of company stock valued at $5,264,040 in the last three months. 1.00% of the stock is currently owned by company insiders.

Advanced Micro Devices Stock Up 1.3 %

NASDAQ:AMD traded up $1.24 during trading hours on Friday, hitting $97.84. 94,080,842 shares of the stock traded hands, compared to its average volume of 60,751,910. The firm has a 50 day moving average price of $79.37 and a 200 day moving average price of $72.32. The company has a current ratio of 2.36, a quick ratio of 1.77 and a debt-to-equity ratio of 0.05. Advanced Micro Devices, Inc. has a fifty-two week low of $54.57 and a fifty-two week high of $125.67. The firm has a market cap of $157.66 billion, a price-to-earnings ratio of 111.18, a PEG ratio of 5.30 and a beta of 1.95.

Advanced Micro Devices (NASDAQ:AMD – Get Rating) last announced its earnings results on Tuesday, January 31st. The semiconductor manufacturer reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.02. Advanced Micro Devices had a net margin of 5.59% and a return on equity of 8.52%. The company had revenue of $5.60 billion for the quarter, compared to the consensus estimate of $5.52 billion. During the same period in the previous year, the business earned $0.83 EPS. The company’s revenue was up 16.0% on a year-over-year basis. Equities research analysts anticipate that Advanced Micro Devices, Inc. will post 2.41 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on AMD shares. Raymond James started coverage on Advanced Micro Devices in a research report on Thursday, March 2nd. They set a “strong-buy” rating and a $100.00 price objective for the company. KeyCorp upped their target price on Advanced Micro Devices from $80.00 to $95.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 1st. Northland Securities upped their target price on Advanced Micro Devices from $60.00 to $68.00 and gave the stock a “market perform” rating in a research report on Wednesday, February 1st. Credit Suisse Group upped their target price on Advanced Micro Devices from $90.00 to $96.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 1st. Finally, BMO Capital Markets started coverage on Advanced Micro Devices in a research report on Wednesday, February 1st. They issued a “buy” rating and a $110.00 target price for the company. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Advanced Micro Devices currently has an average rating of “Moderate Buy” and an average price target of $93.60.

Advanced Micro Devices Profile

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Advanced Micro Devices, Inc engages in the provision of semiconductor businesses. It operates through the following segments: Computing & Graphics, and Enterprise, Embedded and Semi-Custom. The Computing and Graphics segment includes desktop and notebook processors and chipsets, discrete and integrated graphics processing units, data center and professional GPUs and development services.