CAP Partners LLC Sells 98 Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

CAP Partners LLC cut its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 5.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,873 shares of the semiconductor manufacturer’s stock after selling 98 shares during the quarter. CAP Partners LLC’s holdings in Advanced Micro Devices were worth $226,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Creative Capital Management Investments LLC grew its stake in shares of Advanced Micro Devices by 124.6% in the 3rd quarter. Creative Capital Management Investments LLC now owns 155 shares of the semiconductor manufacturer’s stock worth $25,000 after buying an additional 86 shares during the last quarter. Global Wealth Strategies & Associates purchased a new stake in shares of Advanced Micro Devices in the fourth quarter worth $26,000. Retirement Wealth Solutions LLC bought a new position in shares of Advanced Micro Devices during the fourth quarter valued at $32,000. Compass Financial Services Inc bought a new position in Advanced Micro Devices in the 4th quarter worth about $39,000. Finally, FSA Wealth Management LLC purchased a new stake in Advanced Micro Devices during the 3rd quarter valued at about $41,000. 71.34% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

AMD has been the topic of several analyst reports. Benchmark reduced their price target on shares of Advanced Micro Devices from $200.00 to $170.00 and set a “buy” rating for the company in a research note on Wednesday, February 5th. Wedbush reissued an “outperform” rating and issued a $150.00 target price on shares of Advanced Micro Devices in a report on Wednesday, February 5th. Stifel Nicolaus reduced their price target on shares of Advanced Micro Devices from $200.00 to $162.00 and set a “buy” rating for the company in a research report on Wednesday, February 5th. Mizuho dropped their price objective on shares of Advanced Micro Devices from $160.00 to $140.00 and set an “outperform” rating on the stock in a report on Wednesday, February 5th. Finally, Wolfe Research cut shares of Advanced Micro Devices from an “outperform” rating to a “peer perform” rating in a report on Thursday, January 16th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating, eighteen have assigned a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $158.70.

Insider Transactions at Advanced Micro Devices

In other news, CEO Lisa T. Su sold 76,496 shares of the firm’s stock in a transaction dated 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 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 sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 0.73% of the company’s stock.

Advanced Micro Devices Price Performance

Shares of AMD stock opened at $110.48 on Tuesday. Advanced Micro Devices, Inc. has a twelve month low of $106.50 and a twelve month high of $227.30. The company has a current ratio of 2.62, a quick ratio of 1.78 and a debt-to-equity ratio of 0.03. The stock has a fifty day simple moving average of $123.42 and a two-hundred day simple moving average of $139.71. The stock has a market capitalization of $179.03 billion, a price-to-earnings ratio of 111.60, a P/E/G ratio of 1.04 and a beta of 1.65.

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 net margin of 6.36% and a return on equity of 7.42%. On average, analysts predict that Advanced Micro Devices, Inc. will post 4.11 EPS for the current fiscal year.

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.