Adamsbrown Wealth Consultants LLC Grows Stock Position in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Adamsbrown Wealth Consultants LLC boosted its stake in Advanced Micro Devices, Inc. (NASDAQ:AMDFree Report) by 2.2% in the fourth quarter, Holdings Channel reports. The fund owned 5,419 shares of the semiconductor manufacturer’s stock after buying an additional 115 shares during the quarter. Adamsbrown Wealth Consultants LLC’s holdings in Advanced Micro Devices were worth $655,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Stock Yards Bank & Trust Co. boosted its holdings in Advanced Micro Devices by 10.4% in the 4th quarter. Stock Yards Bank & Trust Co. now owns 7,419 shares of the semiconductor manufacturer’s stock worth $896,000 after acquiring an additional 697 shares during the period. CENTRAL TRUST Co raised its position in shares of Advanced Micro Devices by 6.5% in the 4th quarter. CENTRAL TRUST Co now owns 57,986 shares of the semiconductor manufacturer’s stock valued at $7,004,000 after purchasing an additional 3,516 shares in the last quarter. SkyOak Wealth LLC raised its position in shares of Advanced Micro Devices by 67.6% in the 4th quarter. SkyOak Wealth LLC now owns 4,932 shares of the semiconductor manufacturer’s stock valued at $596,000 after purchasing an additional 1,990 shares in the last quarter. U.S. Capital Wealth Advisors LLC raised its position in shares of Advanced Micro Devices by 136.1% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 52,510 shares of the semiconductor manufacturer’s stock valued at $6,343,000 after purchasing an additional 30,271 shares in the last quarter. Finally, Nadler Financial Group Inc. raised its position in shares of Advanced Micro Devices by 17.4% in the 4th quarter. Nadler Financial Group Inc. now owns 4,011 shares of the semiconductor manufacturer’s stock valued at $484,000 after purchasing an additional 595 shares in the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on AMD shares. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $180.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, October 30th. Wolfe Research lowered Advanced Micro Devices from an “outperform” rating to a “peer perform” rating in a research report on Thursday, January 16th. StockNews.com lowered Advanced Micro Devices from a “hold” rating to a “sell” rating in a research report on Tuesday, January 14th. Citigroup cut their target price on Advanced Micro Devices from $200.00 to $175.00 and set a “buy” rating on the stock in a research report on Tuesday, January 21st. Finally, TD Cowen dropped their price target on Advanced Micro Devices from $185.00 to $150.00 and set a “buy” rating on the stock in a research report on Monday, January 13th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, nineteen have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $169.77.

View Our Latest Research Report on AMD

Insider Buying and Selling at Advanced Micro Devices

In related news, EVP Forrest Eugene Norrod sold 40,540 shares of Advanced Micro Devices stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $141.67, for a total transaction of $5,743,301.80. Following the completion of the sale, the executive vice president now directly owns 293,347 shares of the company’s stock, valued at $41,558,469.49. The trade was a 12.14 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Lisa T. Su sold 76,496 shares of the business’s stock in a transaction dated 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 completion of the transaction, the chief executive officer now directly 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 ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 197,036 shares of company stock valued at $28,165,821 in the last 90 days. 0.73% of the stock is currently owned by insiders.

Advanced Micro Devices Stock Down 2.4 %

AMD opened at $115.95 on Monday. Advanced Micro Devices, Inc. has a fifty-two week low of $112.80 and a fifty-two week high of $227.30. The business has a 50-day moving average of $125.92 and a 200-day moving average of $141.24. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.50 and a quick ratio of 1.78. The company has a market capitalization of $188.16 billion, a PE ratio of 104.46, a price-to-earnings-growth ratio of 1.04 and a beta of 1.66.

Advanced Micro Devices Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Advanced Micro Devices (NASDAQ:AMD)

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