International Private Wealth Advisors LLC Invests $258,000 in Advanced Micro Devices, Inc. (NASDAQ:AMD)

International Private Wealth Advisors LLC acquired a new stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) during the 4th quarter, HoldingsChannel.com reports. The firm acquired 2,132 shares of the semiconductor manufacturer’s stock, valued at approximately $258,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Creative Capital Management Investments LLC boosted its stake in shares of Advanced Micro Devices by 124.6% during the third quarter. Creative Capital Management Investments LLC now owns 155 shares of the semiconductor manufacturer’s stock valued at $25,000 after purchasing an additional 86 shares in the last quarter. Global Wealth Strategies & Associates acquired a new stake in Advanced Micro Devices during the 4th quarter worth approximately $26,000. FSA Wealth Management LLC bought a new stake in Advanced Micro Devices during the 3rd quarter worth approximately $41,000. Coston McIsaac & Partners increased its position in Advanced Micro Devices by 319.4% in the 3rd quarter. Coston McIsaac & Partners now owns 260 shares of the semiconductor manufacturer’s stock valued at $42,000 after acquiring an additional 198 shares during the period. Finally, Retirement Wealth Solutions LLC bought a new position in shares of Advanced Micro Devices during the fourth quarter valued at $32,000. Institutional investors own 71.34% of the company’s stock.

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, CEO Lisa T. Su sold 76,496 shares of the company’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 sale, the chief executive officer now directly owns 3,566,762 shares of the company’s stock, valued at approximately $508,834,266.92. This represents a 2.10 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.73% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

AMD has been the topic of several analyst reports. Wolfe Research cut shares of Advanced Micro Devices from an “outperform” rating to a “peer perform” rating in a research note 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. Loop Capital initiated coverage on Advanced Micro Devices in a research report on Tuesday, January 14th. They set a “buy” rating and a $175.00 price objective for the company. Rosenblatt Securities reiterated a “buy” rating and issued a $250.00 target price on shares of Advanced Micro Devices in a report on Tuesday, February 4th. Finally, Hsbc Global Res downgraded shares of Advanced Micro Devices from a “strong-buy” rating to a “moderate sell” rating in a research report on Wednesday, January 8th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating, eighteen have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $158.70.

Advanced Micro Devices Stock Up 2.7 %

Shares of NASDAQ AMD opened at $110.48 on Tuesday. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.62 and a quick ratio of 1.78. The company has a 50-day moving average price of $123.42 and a 200-day moving average price of $139.71. The stock has a market capitalization of $179.03 billion, a P/E ratio of 111.60, a P/E/G ratio of 1.04 and a beta of 1.65. Advanced Micro Devices, Inc. has a 1 year low of $106.50 and a 1 year high of $227.30.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.07. Advanced Micro Devices had a return on equity of 7.42% and a net margin of 6.36%. On average, equities research analysts forecast that Advanced Micro Devices, Inc. will post 4.11 EPS for the current fiscal year.

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.