Financial Life Planners Acquires Shares of 1,206 Advanced Micro Devices, Inc. (NASDAQ:AMD)

Financial Life Planners purchased a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,206 shares of the semiconductor manufacturer’s stock, valued at approximately $146,000.

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

Advanced Micro Devices Trading Down 2.4 %

Shares of AMD stock opened at $115.95 on Monday. The firm has a market capitalization of $188.16 billion, a P/E ratio of 104.46, a price-to-earnings-growth ratio of 1.03 and a beta of 1.66. Advanced Micro Devices, Inc. has a 1 year low of $112.80 and a 1 year high of $227.30. The firm’s fifty day simple moving average is $125.92 and its 200 day simple moving average is $141.11. The company has a current ratio of 2.50, a quick ratio of 1.78 and a debt-to-equity ratio of 0.03.

Analyst Upgrades and Downgrades

AMD has been the topic of a number of research analyst reports. KeyCorp lowered their price target on Advanced Micro Devices from $220.00 to $150.00 and set an “overweight” rating on the stock in a report on Tuesday, January 14th. Evercore ISI increased their price target on Advanced Micro Devices from $193.00 to $198.00 and gave the company an “outperform” rating in a research report on Wednesday, October 30th. Roth Mkm reiterated a “buy” rating and set a $200.00 price target on shares of Advanced Micro Devices in a report on Friday, October 11th. The Goldman Sachs Group downgraded Advanced Micro Devices from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $175.00 to $129.00 in a research note on Friday, January 10th. Finally, Wolfe Research lowered shares of Advanced Micro Devices from an “outperform” rating to a “peer perform” rating in a research note on Thursday, January 16th. Two analysts have rated the stock with a sell rating, seven have given a hold rating, nineteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Advanced Micro Devices has a consensus rating of “Moderate Buy” and a consensus target price of $169.77.

Insider Transactions at Advanced Micro Devices

In other news, EVP Forrest Eugene Norrod sold 40,540 shares of the stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $141.67, for a total value of $5,743,301.80. Following the completion of the transaction, the executive vice president now owns 293,347 shares in the company, valued at approximately $41,558,469.49. This represents a 12.14 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, 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 transaction of $10,912,919.36. Following the completion of the sale, the chief executive officer now directly 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 disclosure for this sale can be found here. In the last 90 days, insiders have sold 197,036 shares of company stock worth $28,165,821. 0.65% of the stock is currently owned by company 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.