Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares Sold by Lodestar Private Asset Management LLC

Lodestar Private Asset Management LLC decreased its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 3.5% during the 4th quarter, Holdings Channel.com reports. The fund owned 3,075 shares of the semiconductor manufacturer’s stock after selling 111 shares during the period. Lodestar Private Asset Management LLC’s holdings in Advanced Micro Devices were worth $371,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its position in shares of Advanced Micro Devices by 102.6% during the third quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 4,468 shares of the semiconductor manufacturer’s stock worth $733,000 after acquiring an additional 2,263 shares during the last quarter. CWM LLC boosted its stake in Advanced Micro Devices by 2.5% during the 3rd quarter. CWM LLC now owns 211,970 shares of the semiconductor manufacturer’s stock valued at $34,780,000 after purchasing an additional 5,256 shares during the period. Marcum Wealth LLC grew its position in Advanced Micro Devices by 9.8% in the 3rd quarter. Marcum Wealth LLC now owns 3,444 shares of the semiconductor manufacturer’s stock worth $565,000 after purchasing an additional 307 shares during the last quarter. Wedmont Private Capital increased its stake in shares of Advanced Micro Devices by 2.6% in the third quarter. Wedmont Private Capital now owns 20,044 shares of the semiconductor manufacturer’s stock valued at $3,427,000 after purchasing an additional 510 shares during the period. Finally, Sanibel Captiva Trust Company Inc. raised its holdings in shares of Advanced Micro Devices by 2.6% during the third quarter. Sanibel Captiva Trust Company Inc. now owns 141,810 shares of the semiconductor manufacturer’s stock valued at $23,268,000 after buying an additional 3,651 shares during the last quarter. Institutional investors own 71.34% of the company’s stock.

Analyst Ratings Changes

AMD has been the subject of a number of recent analyst reports. Cantor Fitzgerald reissued an “overweight” rating and issued a $180.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, October 30th. KeyCorp decreased their price target on Advanced Micro Devices from $150.00 to $140.00 and set an “overweight” rating for the company in a research note on Wednesday. Rosenblatt Securities restated a “buy” rating and set a $250.00 price objective on shares of Advanced Micro Devices in a research note on Tuesday. Mizuho decreased their target price on shares of Advanced Micro Devices from $160.00 to $140.00 and set an “outperform” rating for the company in a research report on Wednesday. Finally, Wolfe Research downgraded shares of Advanced Micro Devices from an “outperform” rating to a “peer perform” rating in a research report on Thursday, January 16th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, eighteen have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $158.70.

Advanced Micro Devices Stock Performance

Shares of AMD opened at $110.16 on Friday. The company has a 50-day moving average of $124.53 and a two-hundred day moving average of $140.39. The stock has a market cap of $178.77 billion, a price-to-earnings ratio of 99.24, a PEG ratio of 1.03 and a beta of 1.66. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.50 and a quick ratio of 1.78. Advanced Micro Devices, Inc. has a one year low of $106.50 and a one year high of $227.30.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings data on Tuesday, February 4th. The semiconductor manufacturer reported $0.88 EPS for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.19). Advanced Micro Devices had a return on equity of 6.62% and a net margin of 7.52%. On average, equities research analysts expect that Advanced Micro Devices, Inc. will post 2.54 earnings per share for the current year.

Insider Transactions at Advanced Micro Devices

In other news, CEO Lisa T. Su sold 76,496 shares of the 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 completion of the sale, the chief executive officer now directly owns 3,566,762 shares of the company’s stock, valued at $508,834,266.92. This represents a 2.10 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.65% of the stock is currently owned by insiders.

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.