Values First Advisors Inc. Buys Shares of 489 Advanced Micro Devices, Inc. (NASDAQ:AMD)

Values First Advisors Inc. purchased a new position in Advanced Micro Devices, Inc. (NASDAQ:AMD) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 489 shares of the semiconductor manufacturer’s stock, valued at approximately $59,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of AMD. Creative Planning raised its position in shares of Advanced Micro Devices by 18.4% in the third quarter. Creative Planning now owns 436,660 shares of the semiconductor manufacturer’s stock worth $66,674,000 after buying an additional 67,973 shares in the last quarter. Swedbank AB increased its stake in Advanced Micro Devices by 0.8% in the 3rd quarter. Swedbank AB now owns 2,151,636 shares of the semiconductor manufacturer’s stock worth $353,040,000 after acquiring an additional 17,446 shares during the last quarter. Magnus Financial Group LLC bought a new position in Advanced Micro Devices in the 3rd quarter worth about $216,000. Prospect Financial Services LLC purchased a new stake in shares of Advanced Micro Devices in the 3rd quarter valued at about $234,000. Finally, Regatta Capital Group LLC boosted its position in shares of Advanced Micro Devices by 4.0% during the 3rd quarter. Regatta Capital Group LLC now owns 20,413 shares of the semiconductor manufacturer’s stock valued at $3,349,000 after acquiring an additional 784 shares during the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Citigroup cut shares of Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 5th. Melius lowered shares of Advanced Micro Devices from a “buy” rating to a “hold” rating and decreased their price target for the stock from $160.00 to $129.00 in a report on Tuesday, January 28th. Morgan Stanley dropped their price objective on shares of Advanced Micro Devices from $158.00 to $147.00 and set an “equal weight” rating for the company in a report on Tuesday, February 4th. TD Cowen cut their target price 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. Finally, Susquehanna lowered their price target on Advanced Micro Devices from $165.00 to $150.00 and set a “positive” rating on the stock in a research report on Wednesday, February 5th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating, eighteen have issued a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat, Advanced Micro Devices presently has an average rating of “Moderate Buy” and a consensus price target of $158.70.

Insider Buying and Selling

In related news, CEO Lisa T. Su sold 76,496 shares of the 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 transaction, 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 filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Philip Guido acquired 4,645 shares of the business’s stock in a transaction on Friday, February 7th. The shares were purchased at an average cost of $107.56 per share, for a total transaction of $499,616.20. Following the completion of the transaction, the executive vice president now owns 33,522 shares in the company, valued at approximately $3,605,626.32. This represents a 16.09 % increase in their position. The disclosure for this purchase can be found here. 0.73% of the stock is currently owned by insiders.

Advanced Micro Devices Stock Up 0.6 %

NASDAQ AMD opened at $111.72 on Thursday. 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 $181.04 billion, a PE ratio of 112.85, a PEG ratio of 1.04 and a beta of 1.65. 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 business’s 50-day moving average is $122.17 and its 200 day moving average is $139.31.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings data on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 earnings per share for the quarter, hitting the consensus estimate of $1.07. Advanced Micro Devices had a return on equity of 7.42% and a net margin of 6.36%. Sell-side analysts forecast that Advanced Micro Devices, Inc. will post 4.11 earnings per share for the current year.

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.