Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares Sold by Realta Investment Advisors

Realta Investment Advisors decreased its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 31.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,395 shares of the semiconductor manufacturer’s stock after selling 2,033 shares during the quarter. Realta Investment Advisors’ holdings in Advanced Micro Devices were worth $551,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Creative Capital Management Investments LLC grew its position in Advanced Micro Devices by 124.6% in the third quarter. Creative Capital Management Investments LLC now owns 155 shares of the semiconductor manufacturer’s stock valued at $25,000 after acquiring an additional 86 shares in the last quarter. Global Wealth Strategies & Associates acquired a new stake in Advanced Micro Devices during the 4th quarter valued at $26,000. Retirement Wealth Solutions LLC purchased a new stake in Advanced Micro Devices during the 4th quarter worth $32,000. FSA Wealth Management LLC acquired a new position in Advanced Micro Devices in the 3rd quarter worth $41,000. Finally, Coston McIsaac & Partners lifted its holdings in Advanced Micro Devices by 319.4% in the 3rd quarter. Coston McIsaac & Partners now owns 260 shares of the semiconductor manufacturer’s stock worth $42,000 after buying an additional 198 shares in the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.

Advanced Micro Devices Trading Down 1.7 %

Shares of NASDAQ:AMD opened at $110.16 on Friday. Advanced Micro Devices, Inc. has a fifty-two week low of $106.50 and a fifty-two week high of $227.30. The company has a quick ratio of 1.78, a current ratio of 2.50 and a debt-to-equity ratio of 0.03. The company has a market cap of $178.77 billion, a PE ratio of 99.24, a P/E/G ratio of 1.03 and a beta of 1.66. The company’s 50-day moving average price is $124.01 and its 200 day moving average price is $140.18.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $0.88 earnings per share for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.19). Advanced Micro Devices had a net margin of 7.52% and a return on equity of 6.62%. Sell-side analysts anticipate that Advanced Micro Devices, Inc. will post 2.54 earnings per share for the current year.

Wall Street Analysts Forecast Growth

AMD has been the topic of a number of analyst reports. Loop Capital started coverage on Advanced Micro Devices in a research report on Tuesday, January 14th. They set a “buy” rating and a $175.00 target price on the stock. HSBC restated a “reduce” rating and set a $110.00 price objective (down from $200.00) on shares of Advanced Micro Devices in a report on Wednesday, January 8th. Citigroup cut Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a research note on Wednesday. TD Cowen dropped their price target on shares of Advanced Micro Devices from $185.00 to $150.00 and set a “buy” rating for the company in a research note on Monday, January 13th. Finally, Morgan Stanley reduced their price objective 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. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating, eighteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $158.70.

Insiders Place Their Bets

In other news, CEO Lisa T. Su sold 76,496 shares of the stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $142.66, for a total value of $10,912,919.36. Following the completion of the transaction, 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.65% of the stock is currently owned by insiders.

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.