Apollon Financial LLC Has $393,000 Stock Position in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Apollon Financial LLC lessened its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 19.8% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 3,256 shares of the semiconductor manufacturer’s stock after selling 805 shares during the period. Apollon Financial LLC’s holdings in Advanced Micro Devices were worth $393,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. TFG Advisers LLC raised its holdings in Advanced Micro Devices by 2.0% during the fourth quarter. TFG Advisers LLC now owns 4,741 shares of the semiconductor manufacturer’s stock worth $573,000 after buying an additional 92 shares during the last quarter. Vest Financial LLC increased its position in shares of Advanced Micro Devices by 31.0% during the fourth quarter. Vest Financial LLC now owns 8,820 shares of the semiconductor manufacturer’s stock worth $1,065,000 after acquiring an additional 2,087 shares in the last quarter. Cidel Asset Management Inc. raised its holdings in shares of Advanced Micro Devices by 22.2% in the 4th quarter. Cidel Asset Management Inc. now owns 1,780 shares of the semiconductor manufacturer’s stock worth $215,000 after acquiring an additional 323 shares during the last quarter. EULAV Asset Management lifted its position in Advanced Micro Devices by 24.4% in the 4th quarter. EULAV Asset Management now owns 224,000 shares of the semiconductor manufacturer’s stock valued at $27,057,000 after acquiring an additional 44,000 shares in the last quarter. Finally, SOA Wealth Advisors LLC. lifted its position in Advanced Micro Devices by 4.6% in the 4th quarter. SOA Wealth Advisors LLC. now owns 7,344 shares of the semiconductor manufacturer’s stock valued at $887,000 after acquiring an additional 320 shares in the last quarter. Institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Stock Down 2.4 %

Shares of NASDAQ AMD opened at $107.56 on Friday. 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 $174.55 billion, a P/E ratio of 96.90, a P/E/G ratio of 1.03 and a beta of 1.66. Advanced Micro Devices, Inc. has a 52 week low of $106.50 and a 52 week high of $227.30. The business has a 50-day simple moving average of $124.01 and a two-hundred day simple moving average of $140.18.

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

Analyst Upgrades and Downgrades

AMD has been the subject of several analyst reports. Susquehanna lowered their price objective on Advanced Micro Devices from $165.00 to $150.00 and set a “positive” rating for the company in a research note on Wednesday. StockNews.com lowered Advanced Micro Devices from a “hold” rating to a “sell” rating in a research report on Tuesday, January 14th. Roth Mkm reaffirmed a “buy” rating and set a $200.00 price objective on shares of Advanced Micro Devices in a report on Friday, October 11th. Mizuho lowered their target price on shares of Advanced Micro Devices from $160.00 to $140.00 and set an “outperform” rating for the company in a report on Wednesday. Finally, Hsbc Global Res cut shares of Advanced Micro Devices from a “strong-buy” rating to a “moderate sell” rating in a report on Wednesday, January 8th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating, eighteen have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $158.70.

Insider Buying and Selling

In other Advanced Micro Devices news, CEO Lisa T. Su sold 76,496 shares of the company’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 transaction, the chief executive officer now directly owns 3,566,762 shares in the company, valued at $508,834,266.92. This represents a 2.10 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.65% of the stock is currently owned by company insiders.

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.