Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares Sold by F M Investments LLC

F M Investments LLC decreased its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 0.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,013 shares of the semiconductor manufacturer’s stock after selling 127 shares during the quarter. Advanced Micro Devices makes up approximately 2.1% of F M Investments LLC’s holdings, making the stock its 13th biggest holding. F M Investments LLC’s holdings in Advanced Micro Devices were worth $3,687,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of AMD. Capital Investment Advisors LLC increased its stake in shares of Advanced Micro Devices by 9.9% in the third quarter. Capital Investment Advisors LLC now owns 8,265 shares of the semiconductor manufacturer’s stock valued at $850,000 after purchasing an additional 747 shares during the period. Flagship Harbor Advisors LLC increased its stake in shares of Advanced Micro Devices by 13.7% in the third quarter. Flagship Harbor Advisors LLC now owns 20,752 shares of the semiconductor manufacturer’s stock valued at $2,134,000 after purchasing an additional 2,503 shares during the period. DAVENPORT & Co LLC increased its stake in shares of Advanced Micro Devices by 3,436.8% in the third quarter. DAVENPORT & Co LLC now owns 481,718 shares of the semiconductor manufacturer’s stock valued at $49,552,000 after purchasing an additional 468,098 shares during the period. Bellecapital International Ltd. increased its stake in shares of Advanced Micro Devices by 5.7% during the third quarter. Bellecapital International Ltd. now owns 94,456 shares of the semiconductor manufacturer’s stock valued at $9,712,000 after acquiring an additional 5,077 shares during the period. Finally, Avior Wealth Management LLC increased its stake in shares of Advanced Micro Devices by 4.6% during the third quarter. Avior Wealth Management LLC now owns 7,856 shares of the semiconductor manufacturer’s stock valued at $808,000 after acquiring an additional 344 shares during the period. Institutional investors and hedge funds own 71.34% of the company’s stock.

Insiders Place Their Bets

In other news, CAO Darla M. Smith sold 1,678 shares of the stock in a transaction that occurred on Thursday, February 29th. The shares were sold at an average price of $188.66, for a total transaction of $316,571.48. Following the sale, the chief accounting officer now directly owns 4,209 shares of the company’s stock, valued at $794,069.94. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, CEO Lisa T. Su sold 125,000 shares of the stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $195.13, for a total transaction of $24,391,250.00. Following the sale, the chief executive officer now directly owns 3,222,230 shares of the company’s stock, valued at $628,753,739.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Darla M. Smith sold 1,678 shares of the stock in a transaction that occurred on Thursday, February 29th. The shares were sold at an average price of $188.66, for a total transaction of $316,571.48. Following the completion of the transaction, the chief accounting officer now owns 4,209 shares in the company, valued at $794,069.94. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 341,143 shares of company stock valued at $62,580,844. 0.65% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

AMD has been the topic of a number of research analyst reports. Morgan Stanley raised their price objective on shares of Advanced Micro Devices from $128.00 to $193.00 and gave the company an “overweight” rating in a research note on Monday, January 29th. Raymond James lowered shares of Advanced Micro Devices from a “strong-buy” rating to an “outperform” rating and raised their price objective for the company from $190.00 to $195.00 in a research note on Tuesday, January 30th. Susquehanna reiterated a “positive” rating and set a $200.00 price objective on shares of Advanced Micro Devices in a research note on Thursday, April 4th. KeyCorp raised their target price on shares of Advanced Micro Devices from $195.00 to $270.00 and gave the stock an “overweight” rating in a report on Wednesday, January 31st. Finally, Northland Securities upgraded shares of Advanced Micro Devices from a “market perform” rating to an “outperform” rating and set a $195.00 price target on the stock in a research report on Wednesday, January 31st. Four equities research analysts have rated the stock with a hold rating and twenty-seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $185.59.

Advanced Micro Devices Stock Performance

Advanced Micro Devices stock traded up $3.63 on Tuesday, reaching $152.27. 45,968,803 shares of the stock were exchanged, compared to its average volume of 73,946,445. The stock has a market cap of $246.09 billion, a PE ratio of 292.83, a PEG ratio of 2.23 and a beta of 1.64. The company has a current ratio of 2.51, a quick ratio of 1.86 and a debt-to-equity ratio of 0.03. Advanced Micro Devices, Inc. has a twelve month low of $81.02 and a twelve month high of $227.30. The firm has a fifty day moving average price of $178.79 and a two-hundred day moving average price of $149.88.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, January 30th. The semiconductor manufacturer reported $0.77 earnings per share for the quarter, hitting the consensus estimate of $0.77. The firm had revenue of $6.17 billion for the quarter, compared to analysts’ expectations of $6.13 billion. Advanced Micro Devices had a net margin of 3.77% and a return on equity of 5.73%. The company’s quarterly revenue was up 10.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.54 earnings per share. Sell-side analysts anticipate that Advanced Micro Devices, Inc. will post 2.64 EPS for the current 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.