Boyd Watterson Asset Management LLC OH Lowers Position in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Boyd Watterson Asset Management LLC OH trimmed its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 9.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,770 shares of the semiconductor manufacturer’s stock after selling 301 shares during the period. Boyd Watterson Asset Management LLC OH’s holdings in Advanced Micro Devices were worth $335,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Creative Capital Management Investments LLC boosted its position in shares of Advanced Micro Devices by 124.6% in the 3rd quarter. Creative Capital Management Investments LLC now owns 155 shares of the semiconductor manufacturer’s stock worth $25,000 after purchasing an additional 86 shares in the last quarter. Bear Mountain Capital Inc. bought a new stake in Advanced Micro Devices in the fourth quarter worth $25,000. Global Wealth Strategies & Associates purchased a new stake in shares of Advanced Micro Devices in the fourth quarter worth $26,000. Retirement Wealth Solutions LLC bought a new position in shares of Advanced Micro Devices during the fourth quarter valued at $32,000. Finally, Compass Financial Services Inc purchased a new position in shares of Advanced Micro Devices in the 4th quarter worth about $39,000. Institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Trading Down 2.9 %

Shares of AMD stock opened at $110.84 on Friday. 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 stock has a fifty day simple moving average of $118.84 and a two-hundred day simple moving average of $137.94. The firm has a market capitalization of $179.61 billion, a PE ratio of 111.96, a PEG ratio of 1.15 and a beta of 1.65. Advanced Micro Devices, Inc. has a 52-week low of $106.50 and a 52-week high of $227.30.

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, hitting the consensus estimate of $1.07. Advanced Micro Devices had a return on equity of 7.42% and a net margin of 6.36%. On average, analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Insider Activity at Advanced Micro Devices

In related news, EVP Philip Guido acquired 4,645 shares of the stock in a transaction dated Friday, February 7th. The stock was acquired at an average cost of $107.56 per share, with a total value of $499,616.20. Following the purchase, the executive vice president now directly 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 legal filing with the SEC, which is available at this hyperlink. Also, CEO Lisa T. Su sold 76,496 shares of the business’s stock in a transaction that occurred 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 transaction, 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 position. The disclosure for this sale can be found here. 0.73% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on AMD. Evercore ISI raised their price objective on shares of Advanced Micro Devices from $193.00 to $198.00 and gave the company an “outperform” rating in a research note on Wednesday, October 30th. Hsbc Global Res lowered shares of Advanced Micro Devices from a “strong-buy” rating to a “moderate sell” rating in a report on Wednesday, January 8th. The Goldman Sachs Group downgraded Advanced Micro Devices from a “buy” rating to a “neutral” rating and cut their target price for the company from $175.00 to $129.00 in a research note on Friday, January 10th. Argus upgraded Advanced Micro Devices to a “strong-buy” rating in a research note on Thursday, February 6th. Finally, KeyCorp dropped their price objective on Advanced Micro Devices from $150.00 to $140.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 5th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating, eighteen have issued a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus 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.