Groupama Asset Managment Sells 1,342 Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

Groupama Asset Managment cut its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 0.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 202,419 shares of the semiconductor manufacturer’s stock after selling 1,342 shares during the period. Groupama Asset Managment’s holdings in Advanced Micro Devices were worth $24,784,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Howard Capital Management Group LLC boosted its position in shares of Advanced Micro Devices by 21.6% during the 3rd quarter. Howard Capital Management Group LLC now owns 1,827 shares of the semiconductor manufacturer’s stock valued at $300,000 after purchasing an additional 324 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in Advanced Micro Devices by 30.2% in the third quarter. Principal Financial Group Inc. now owns 2,537,968 shares of the semiconductor manufacturer’s stock worth $416,430,000 after acquiring an additional 588,595 shares in the last quarter. United Bank acquired a new stake in Advanced Micro Devices in the 3rd quarter valued at $516,000. Captrust Financial Advisors increased its position in shares of Advanced Micro Devices by 5.6% during the third quarter. Captrust Financial Advisors now owns 75,681 shares of the semiconductor manufacturer’s stock worth $12,418,000 after acquiring an additional 4,012 shares in the last quarter. Finally, Tradition Wealth Management LLC raised its stake in shares of Advanced Micro Devices by 12.2% in the third quarter. Tradition Wealth Management LLC now owns 7,321 shares of the semiconductor manufacturer’s stock worth $1,201,000 after purchasing an additional 798 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Insider Buying and Selling

In other news, EVP Philip Guido bought 4,645 shares of the business’s stock in a transaction on Friday, February 7th. The stock was acquired at an average price of $107.56 per share, with a total value of $499,616.20. Following the completion of the purchase, the executive vice president now directly owns 33,522 shares in the company, valued at $3,605,626.32. This represents a 16.09 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 0.73% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of research firms have issued reports on AMD. Argus set a $160.00 price objective on shares of Advanced Micro Devices in a report on Thursday, February 6th. KeyCorp cut their price target on shares of Advanced Micro Devices from $150.00 to $140.00 and set an “overweight” rating on the stock in a report on Wednesday, February 5th. Hsbc Global Res lowered shares of Advanced Micro Devices from a “strong-buy” rating to a “moderate sell” rating in a research note on Wednesday, January 8th. Wolfe Research downgraded Advanced Micro Devices from an “outperform” rating to a “peer perform” rating in a research note on Thursday, January 16th. Finally, Roth Capital set a $140.00 price target on Advanced Micro Devices in a research report on Wednesday, February 5th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, eighteen have issued a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $152.72.

Advanced Micro Devices Stock Performance

NASDAQ:AMD opened at $102.74 on Tuesday. Advanced Micro Devices, Inc. has a twelve month low of $94.73 and a twelve month high of $187.28. The company has a quick ratio of 1.83, a current ratio of 2.62 and a debt-to-equity ratio of 0.03. The stock has a market cap of $166.49 billion, a P/E ratio of 103.78, a PEG ratio of 1.11 and a beta of 1.74. The business’s 50-day moving average price is $109.01 and its two-hundred day moving average price is $130.35.

Advanced Micro Devices (NASDAQ:AMD) last announced its earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 earnings per share 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%. As a group, equities analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal 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.