Little House Capital LLC Reduces Holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Little House Capital LLC lessened its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 20.1% during the 4th quarter, Holdings Channel reports. The firm owned 5,917 shares of the semiconductor manufacturer’s stock after selling 1,486 shares during the quarter. Little House Capital LLC’s holdings in Advanced Micro Devices were worth $715,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Creative Capital Management Investments LLC lifted its stake in Advanced Micro Devices by 124.6% in the 3rd quarter. Creative Capital Management Investments LLC now owns 155 shares of the semiconductor manufacturer’s stock valued at $25,000 after buying an additional 86 shares in the last quarter. Global Wealth Strategies & Associates acquired a new position in shares of Advanced Micro Devices in the fourth quarter worth $26,000. Retirement Wealth Solutions LLC purchased a new stake in shares of Advanced Micro Devices in the fourth quarter valued at $32,000. Compass Financial Services Inc acquired a new stake in shares of Advanced Micro Devices during the fourth quarter valued at $39,000. Finally, FSA Wealth Management LLC purchased a new stake in Advanced Micro Devices during the 3rd quarter worth about $41,000. 71.34% of the stock is currently owned by institutional investors and hedge funds.

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 that occurred on Wednesday, December 4th. The stock was sold at an average price of $142.66, for a total value of $10,912,919.36. Following 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 position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Philip Guido purchased 4,645 shares of the firm’s stock in a transaction dated Friday, February 7th. The shares were bought at an average cost of $107.56 per share, with a total value of $499,616.20. Following the transaction, the executive vice president now directly owns 33,522 shares of the company’s stock, 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. Company insiders own 0.73% of the company’s stock.

Advanced Micro Devices Trading Up 1.2 %

Shares of AMD opened at $113.10 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.62 and a quick ratio of 1.78. Advanced Micro Devices, Inc. has a 12 month low of $106.50 and a 12 month high of $227.30. The stock has a market cap of $183.28 billion, a PE ratio of 114.24, a P/E/G ratio of 1.04 and a beta of 1.65. The stock’s 50-day moving average is $120.43 and its two-hundred day moving average is $138.74.

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

Wall Street Analysts Forecast Growth

Several research firms have issued reports on AMD. Argus raised shares of Advanced Micro Devices to a “strong-buy” rating in a research note on Thursday, February 6th. Bank of America decreased their target price on shares of Advanced Micro Devices from $155.00 to $135.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 5th. Morgan Stanley cut their price target on 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. Evercore ISI raised their price objective on Advanced Micro Devices from $193.00 to $198.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th. Finally, Piper Sandler dropped their target price on Advanced Micro Devices from $180.00 to $140.00 and set an “overweight” rating for the company in a research note 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 assigned a strong buy rating to the company. According to MarketBeat.com, Advanced Micro Devices has a consensus rating of “Moderate Buy” and an average target price of $158.70.

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.