Hudson Value Partners LLC Sells 300 Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

Hudson Value Partners LLC lessened its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 2.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,215 shares of the semiconductor manufacturer’s stock after selling 300 shares during the quarter. Hudson Value Partners LLC’s holdings in Advanced Micro Devices were worth $1,355,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of AMD. Jacobsen Capital Management raised its stake in shares of Advanced Micro Devices by 2.1% in the third quarter. Jacobsen Capital Management now owns 3,378 shares of the semiconductor manufacturer’s stock worth $554,000 after purchasing an additional 70 shares during the last quarter. Sigma Investment Counselors Inc. boosted its holdings in shares of Advanced Micro Devices by 5.3% in the 3rd quarter. Sigma Investment Counselors Inc. now owns 1,482 shares of the semiconductor manufacturer’s stock valued at $243,000 after acquiring an additional 74 shares during the last quarter. Bedell Frazier Investment Counselling LLC lifted its position in Advanced Micro Devices by 4.3% during the third quarter. Bedell Frazier Investment Counselling LLC now owns 1,780 shares of the semiconductor manufacturer’s stock valued at $292,000 after purchasing an additional 74 shares during the period. TFG Advisers LLC raised its position in Advanced Micro Devices by 1.6% during the third quarter. TFG Advisers LLC now owns 4,649 shares of the semiconductor manufacturer’s stock valued at $763,000 after acquiring an additional 75 shares in the last quarter. Finally, Rosenberg Matthew Hamilton grew its position in shares of Advanced Micro Devices by 3.9% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 1,992 shares of the semiconductor manufacturer’s stock valued at $327,000 after acquiring an additional 75 shares during the period. 71.34% of the stock is owned by hedge funds and other institutional investors.

Advanced Micro Devices Stock Performance

AMD opened at $114.28 on Wednesday. The stock has a 50-day moving average of $119.80 and a 200-day moving average of $138.44. Advanced Micro Devices, Inc. has a 52-week low of $106.50 and a 52-week high of $227.30. The company has a market cap of $185.19 billion, a PE ratio of 115.44, a price-to-earnings-growth ratio of 1.04 and a beta of 1.65. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.78 and a current ratio of 2.62.

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

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. 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, February 4th. Morgan Stanley lowered their target price on shares of Advanced Micro Devices from $158.00 to $147.00 and set an “equal weight” rating on the stock in a research note on Tuesday, February 4th. Stifel Nicolaus decreased their price target on shares of Advanced Micro Devices from $200.00 to $162.00 and set a “buy” rating on the stock in a research note on Wednesday, February 5th. Summit Insights raised shares of Advanced Micro Devices to a “hold” rating in a research note on Tuesday, February 4th. Finally, UBS Group decreased their target price on shares of Advanced Micro Devices from $210.00 to $205.00 and set a “buy” rating on the stock in a research note on Wednesday, October 30th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating, eighteen have issued a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $158.70.

Insider Transactions 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 sale, the chief executive officer now owns 3,566,762 shares in the company, 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 company’s stock in a transaction on Friday, February 7th. The stock was acquired at an average price of $107.56 per share, for a total transaction of $499,616.20. Following the purchase, the executive vice president now directly owns 33,522 shares of the company’s stock, valued at approximately $3,605,626.32. This trade represents a 16.09 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.73% of the stock is owned by corporate insiders.

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.