Hapanowicz & Associates Financial Services Inc Has $286,000 Stock Position in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Hapanowicz & Associates Financial Services Inc lessened its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 16.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,943 shares of the semiconductor manufacturer’s stock after selling 389 shares during the quarter. Advanced Micro Devices makes up 0.2% of Hapanowicz & Associates Financial Services Inc’s holdings, making the stock its 22nd biggest holding. Hapanowicz & Associates Financial Services Inc’s holdings in Advanced Micro Devices were worth $286,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Vanguard Group Inc. grew its stake in shares of Advanced Micro Devices by 0.8% during the third quarter. Vanguard Group Inc. now owns 140,054,820 shares of the semiconductor manufacturer’s stock worth $14,400,437,000 after buying an additional 1,153,611 shares during the last quarter. State Street Corp grew its stake in shares of Advanced Micro Devices by 1.7% in the first quarter. State Street Corp now owns 65,045,249 shares of the semiconductor manufacturer’s stock worth $6,375,083,000 after purchasing an additional 1,112,077 shares during the last quarter. Norges Bank bought a new stake in shares of Advanced Micro Devices in the fourth quarter worth $1,252,070,000. Northern Trust Corp grew its stake in shares of Advanced Micro Devices by 35.5% in the first quarter. Northern Trust Corp now owns 17,086,683 shares of the semiconductor manufacturer’s stock worth $1,868,258,000 after purchasing an additional 4,475,368 shares during the last quarter. Finally, Barclays PLC grew its stake in shares of Advanced Micro Devices by 38.5% in the second quarter. Barclays PLC now owns 8,916,462 shares of the semiconductor manufacturer’s stock worth $1,015,677,000 after purchasing an additional 2,479,272 shares during the last quarter. Institutional investors own 71.34% of the company’s stock.

Insiders Place Their Bets

In other Advanced Micro Devices news, CAO Darla M. Smith sold 1,678 shares of the company’s stock in a transaction dated Thursday, February 29th. The shares were sold at an average price of $188.66, for a total value of $316,571.48. Following the completion of the sale, the chief accounting officer now directly owns 4,209 shares of the company’s stock, valued at approximately $794,069.94. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, EVP Mark D. Papermaster sold 16,200 shares of the stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $164.25, for a total transaction of $2,660,850.00. Following the completion of the transaction, the executive vice president now directly owns 1,554,602 shares of the company’s stock, valued at approximately $255,343,378.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Darla M. Smith sold 1,678 shares of the stock in a transaction that occurred on Thursday, February 29th. The shares were sold at an average price of $188.66, for a total transaction of $316,571.48. Following the transaction, the chief accounting officer now directly owns 4,209 shares of the company’s stock, valued at $794,069.94. The disclosure for this sale can be found here. In the last ninety days, insiders sold 341,143 shares of company stock valued at $62,580,844. Corporate insiders own 0.73% of the company’s stock.

Analyst Upgrades and Downgrades

AMD has been the topic of several analyst reports. Roth Mkm boosted their price objective on shares of Advanced Micro Devices from $125.00 to $190.00 and gave the stock a “buy” rating in a research note on Wednesday, January 31st. KeyCorp boosted their target price on shares of Advanced Micro Devices from $195.00 to $270.00 and gave the company an “overweight” rating in a report on Wednesday, January 31st. New Street Research upgraded shares of Advanced Micro Devices from a “neutral” rating to a “buy” rating and set a $215.00 target price on the stock in a report on Wednesday, January 24th. TD Cowen boosted their target price on shares of Advanced Micro Devices from $185.00 to $200.00 and gave the company a “buy” rating in a report on Thursday. Finally, JPMorgan Chase & Co. boosted their target price on shares of Advanced Micro Devices from $115.00 to $180.00 and gave the company a “neutral” rating in a report on Wednesday, January 31st. Four investment analysts have rated the stock with a hold rating and twenty-seven have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $185.59.

Advanced Micro Devices Stock Up 0.7 %

Shares of AMD traded up $1.06 on Thursday, reaching $155.08. The company’s stock had a trading volume of 52,621,231 shares, compared to its average volume of 74,677,984. The company has a current ratio of 2.51, a quick ratio of 1.86 and a debt-to-equity ratio of 0.03. Advanced Micro Devices, Inc. has a twelve month low of $81.02 and a twelve month high of $227.30. The stock has a market capitalization of $250.63 billion, a PE ratio of 299.77, a PEG ratio of 2.49 and a beta of 1.64. The firm has a fifty day moving average of $180.44 and a 200-day moving average of $148.23.

Advanced Micro Devices (NASDAQ:AMD) last posted its earnings results on Tuesday, January 30th. The semiconductor manufacturer reported $0.77 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.77. Advanced Micro Devices had a net margin of 3.77% and a return on equity of 5.73%. The company had revenue of $6.17 billion for the quarter, compared to analyst estimates of $6.13 billion. During the same quarter in the prior year, the business posted $0.54 EPS. The firm’s revenue was up 10.2% compared to the same quarter last year. Equities analysts predict that Advanced Micro Devices, Inc. will post 2.63 EPS for the current 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.