Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares Acquired by WealthShield Partners LLC

WealthShield Partners LLC raised its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 18.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 25,797 shares of the semiconductor manufacturer’s stock after buying an additional 4,095 shares during the period. WealthShield Partners LLC’s holdings in Advanced Micro Devices were worth $3,116,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the business. Swedbank AB grew its holdings in shares of Advanced Micro Devices by 0.8% during the third quarter. Swedbank AB now owns 2,151,636 shares of the semiconductor manufacturer’s stock valued at $353,040,000 after buying an additional 17,446 shares during the last quarter. Howard Capital Management Group LLC grew its holdings in shares of Advanced Micro Devices by 21.6% during the third quarter. Howard Capital Management Group LLC now owns 1,827 shares of the semiconductor manufacturer’s stock valued at $300,000 after buying an additional 324 shares during the last quarter. Hennion & Walsh Asset Management Inc. grew its holdings in shares of Advanced Micro Devices by 34.3% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 8,393 shares of the semiconductor manufacturer’s stock valued at $1,377,000 after buying an additional 2,142 shares during the last quarter. Joel Isaacson & Co. LLC grew its holdings in shares of Advanced Micro Devices by 7.6% during the third quarter. Joel Isaacson & Co. LLC now owns 3,492 shares of the semiconductor manufacturer’s stock valued at $573,000 after buying an additional 248 shares during the last quarter. Finally, Allworth Financial LP grew its holdings in shares of Advanced Micro Devices by 20.5% during the third quarter. Allworth Financial LP now owns 36,268 shares of the semiconductor manufacturer’s stock valued at $5,951,000 after buying an additional 6,180 shares during the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

AMD has been the topic of a number of research analyst reports. Stifel Nicolaus dropped their price objective on shares of Advanced Micro Devices from $200.00 to $162.00 and set a “buy” rating on the stock in a report on Wednesday, February 5th. Bank of America dropped their price objective on shares of Advanced Micro Devices from $155.00 to $135.00 and set a “neutral” rating on the stock in a report on Wednesday, February 5th. Loop Capital began coverage on shares of Advanced Micro Devices in a report on Tuesday, January 14th. They issued a “buy” rating and a $175.00 price target on the stock. Barclays lowered their price target on shares of Advanced Micro Devices from $170.00 to $140.00 and set an “overweight” rating on the stock in a report on Friday, January 17th. Finally, Wedbush reaffirmed an “outperform” rating and issued a $150.00 price target on shares of Advanced Micro Devices in a report on Wednesday, February 5th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating, nineteen have issued a buy rating and three have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $155.83.

Advanced Micro Devices Stock Down 2.9 %

AMD opened at $110.84 on Monday. Advanced Micro Devices, Inc. has a twelve month low of $106.50 and a twelve month high of $227.30. The company has a quick ratio of 1.83, a current ratio of 2.62 and a debt-to-equity ratio of 0.03. The company has a 50-day moving average price of $118.84 and a 200 day moving average price of $138.06. The company has a market cap of $179.61 billion, a PE ratio of 111.96, a price-to-earnings-growth ratio of 1.15 and a beta of 1.66.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 earnings per share for the quarter, hitting the consensus estimate of $1.07. Advanced Micro Devices had a net margin of 6.36% and a return on equity of 7.42%. Sell-side analysts expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Advanced Micro Devices news, EVP Philip Guido acquired 4,645 shares of the business’s stock in a transaction on Friday, February 7th. The stock was bought at an average price of $107.56 per share, for a total transaction of $499,616.20. Following the acquisition, the executive vice president now owns 33,522 shares in the company, valued at approximately $3,605,626.32. The trade was a 16.09 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Lisa T. Su sold 76,496 shares of the stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $142.66, for a total transaction of $10,912,919.36. Following the completion of the sale, the chief executive officer now owns 3,566,762 shares of the company’s stock, valued at approximately $508,834,266.92. The trade was a 2.10 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.73% of the company’s stock.

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.