2,131 Shares in Advanced Micro Devices, Inc. (NASDAQ:AMD) Bought by Fairvoy Private Wealth LLC

Fairvoy Private Wealth LLC acquired a new position in Advanced Micro Devices, Inc. (NASDAQ:AMD) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 2,131 shares of the semiconductor manufacturer’s stock, valued at approximately $257,000.

Other large investors have also modified their holdings of the company. Marcum Wealth LLC raised its holdings 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 period. Cypress Wealth Services LLC purchased a new stake in shares of Advanced Micro Devices in the third quarter valued at approximately $210,000. UMB Bank n.a. raised its stake in shares of Advanced Micro Devices by 3.2% during the 3rd quarter. UMB Bank n.a. now owns 15,874 shares of the semiconductor manufacturer’s stock worth $2,605,000 after buying an additional 490 shares during the period. Pinnacle Bancorp Inc. lifted its position in shares of Advanced Micro Devices by 27.1% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 745 shares of the semiconductor manufacturer’s stock valued at $122,000 after buying an additional 159 shares in the last quarter. Finally, Private Advisory Group LLC grew its stake in Advanced Micro Devices by 25.9% in the 3rd quarter. Private Advisory Group LLC now owns 72,289 shares of the semiconductor manufacturer’s stock valued at $11,861,000 after acquiring an additional 14,854 shares during the period. Institutional investors and hedge funds own 71.34% of the company’s stock.

Advanced Micro Devices Stock Down 2.4 %

Shares of AMD opened at $107.56 on Friday. The company’s 50-day simple moving average is $124.01 and its 200-day simple moving average is $140.18. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.78 and a current ratio of 2.50. Advanced Micro Devices, Inc. has a 1 year low of $106.50 and a 1 year high of $227.30. The stock has a market capitalization of $174.55 billion, a PE ratio of 96.90, a P/E/G ratio of 1.03 and a beta of 1.66.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $0.88 EPS for the quarter, missing the consensus estimate of $1.07 by ($0.19). Advanced Micro Devices had a net margin of 7.52% and a return on equity of 6.62%. Analysts forecast that Advanced Micro Devices, Inc. will post 2.54 earnings per share for the current fiscal year.

Insider Activity at Advanced Micro Devices

In other news, CEO Lisa T. Su sold 76,496 shares of the business’s stock in a transaction that occurred on 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 in the company, valued at approximately $508,834,266.92. The trade was a 2.10 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.65% of the stock is owned by corporate insiders.

Analyst Ratings Changes

AMD has been the subject of a number of research analyst reports. TD Cowen reduced their price objective on shares of Advanced Micro Devices from $185.00 to $150.00 and set a “buy” rating for the company in a research report on Monday, January 13th. Bank of America decreased their price target on shares of Advanced Micro Devices from $155.00 to $135.00 and set a “neutral” rating on the stock in a research note on Wednesday. DZ Bank cut Advanced Micro Devices from a “buy” rating to a “hold” rating and set a $120.00 target price for the company. in a report on Friday. Rosenblatt Securities restated a “buy” rating and issued a $250.00 target price on shares of Advanced Micro Devices in a research report on Tuesday. Finally, Benchmark reduced their price objective on Advanced Micro Devices from $200.00 to $170.00 and set a “buy” rating for the company in a research note on Wednesday. Two analysts have rated the stock with a sell rating, ten have issued a hold rating, eighteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $158.70.

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.