FourThought Financial Partners LLC Sells 302 Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

FourThought Financial Partners LLC cut its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 1.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 20,821 shares of the semiconductor manufacturer’s stock after selling 302 shares during the quarter. FourThought Financial Partners LLC’s holdings in Advanced Micro Devices were worth $2,515,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Jacobsen Capital Management grew its stake in Advanced Micro Devices by 2.1% during the third quarter. Jacobsen Capital Management now owns 3,378 shares of the semiconductor manufacturer’s stock valued at $554,000 after acquiring an additional 70 shares in the last quarter. Bedell Frazier Investment Counselling LLC grew 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 worth $292,000 after buying an additional 74 shares in the last quarter. Rosenberg Matthew Hamilton raised its holdings in shares of Advanced Micro Devices by 3.9% in 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 in the last quarter. NCM Capital Management LLC grew its holdings in shares of Advanced Micro Devices by 0.9% during the third quarter. NCM Capital Management LLC now owns 8,654 shares of the semiconductor manufacturer’s stock worth $1,420,000 after purchasing an additional 75 shares in the last quarter. Finally, Pin Oak Investment Advisors Inc. lifted its position in Advanced Micro Devices by 15.2% during the third quarter. Pin Oak Investment Advisors Inc. now owns 575 shares of the semiconductor manufacturer’s stock valued at $94,000 after purchasing an additional 76 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors.

Advanced Micro Devices Trading Down 2.5 %

NASDAQ AMD opened at $108.11 on Tuesday. The company has a current ratio of 2.62, a quick ratio of 1.83 and a debt-to-equity ratio of 0.03. The stock has a market cap of $175.19 billion, a PE ratio of 109.20, a PEG ratio of 1.11 and a beta of 1.66. The company’s 50-day moving average price is $118.47 and its 200-day moving average price is $137.86. Advanced Micro Devices, Inc. has a 12 month low of $106.50 and a 12 month high of $227.30.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings data on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.07. Advanced Micro Devices had a net margin of 6.36% and a return on equity of 7.42%. Equities research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Insider Activity

In related news, EVP Philip Guido purchased 4,645 shares of the business’s stock in a transaction on Friday, February 7th. The shares were 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 owns 33,522 shares of the company’s stock, valued at $3,605,626.32. This trade represents a 16.09 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Lisa T. Su sold 76,496 shares of the business’s stock in a transaction 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 sale, the chief executive officer now directly owns 3,566,762 shares in the company, valued at $508,834,266.92. This trade represents a 2.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.65% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on AMD. KeyCorp reduced their target price on Advanced Micro Devices from $150.00 to $140.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 5th. Stifel Nicolaus lowered their price objective on shares of Advanced Micro Devices from $200.00 to $162.00 and set a “buy” rating for the company in a report on Wednesday, February 5th. Hsbc Global Res cut shares of Advanced Micro Devices from a “strong-buy” rating to a “moderate sell” rating in a research report on Wednesday, January 8th. Wolfe Research downgraded Advanced Micro Devices from an “outperform” rating to a “peer perform” rating in a report on Thursday, January 16th. Finally, Bank of America decreased their price target on Advanced Micro Devices from $155.00 to $135.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 5th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, nineteen have given a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Advanced Micro Devices presently has an average rating of “Moderate Buy” and a consensus target price of $155.83.

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.