CenterBook Partners LP Has $1.05 Million Holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD)

CenterBook Partners LP trimmed its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 88.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,698 shares of the semiconductor manufacturer’s stock after selling 64,770 shares during the quarter. CenterBook Partners LP’s holdings in Advanced Micro Devices were worth $1,051,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the company. Bear Mountain Capital Inc. bought a new position in Advanced Micro Devices during the fourth quarter valued at about $25,000. Global Wealth Strategies & Associates acquired a new position in shares of Advanced Micro Devices during the 4th quarter valued at about $26,000. Halbert Hargrove Global Advisors LLC bought a new position in shares of Advanced Micro Devices in the 4th quarter valued at approximately $29,000. Summit Securities Group LLC acquired a new stake in Advanced Micro Devices in the 4th quarter worth approximately $31,000. Finally, Retirement Wealth Solutions LLC bought a new stake in Advanced Micro Devices during the fourth quarter worth approximately $32,000. Institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Stock Up 5.3 %

AMD opened at $93.40 on Friday. Advanced Micro Devices, Inc. has a twelve month low of $76.48 and a twelve month high of $187.28. The firm has a market cap of $150.96 billion, a price-to-earnings ratio of 94.34, a PEG ratio of 1.11 and a beta of 1.89. The firm’s 50-day simple moving average is $102.89 and its 200-day simple moving average is $125.81. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.83 and a current ratio of 2.62.

Advanced Micro Devices (NASDAQ:AMD) last posted 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 net margin of 6.36% and a return on equity of 7.42%. Equities research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on AMD. Roth Capital set a $140.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, February 5th. HSBC reissued a “reduce” rating and set a $110.00 target price (down previously from $200.00) on shares of Advanced Micro Devices in a research report on Wednesday, January 8th. Loop Capital initiated coverage on Advanced Micro Devices in a research note on Tuesday, January 14th. They issued a “buy” rating and a $175.00 price objective on the stock. UBS Group set a $175.00 price objective on Advanced Micro Devices in a research report on Wednesday, February 5th. Finally, Mizuho lowered their target price on Advanced Micro Devices from $140.00 to $120.00 and set an “outperform” rating on the stock in a report on Friday, March 14th. Two analysts have rated the stock with a sell rating, twelve have given a hold rating, sixteen have assigned a buy rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $148.76.

Insider Buying and Selling at Advanced Micro Devices

In related news, EVP Philip Guido bought 4,645 shares of the company’s stock in a transaction on Friday, February 7th. The stock was bought at an average cost of $107.56 per share, with a total value of $499,616.20. Following the completion of the purchase, the executive vice president now owns 33,522 shares in the company, valued at approximately $3,605,626.32. The trade was a 16.09 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 0.73% of the company’s stock.

Advanced Micro Devices 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.