Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares Sold by Pathway Financial Advisers LLC

Pathway Financial Advisers LLC lowered its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 22.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 315 shares of the semiconductor manufacturer’s stock after selling 90 shares during the period. Pathway Financial Advisers LLC’s holdings in Advanced Micro Devices were worth $38,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Creative Capital Management Investments LLC raised its holdings 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 valued at $25,000 after buying an additional 86 shares during the period. Global Wealth Strategies & Associates purchased a new position in shares of Advanced Micro Devices in the 4th quarter valued at about $26,000. FSA Wealth Management LLC acquired a new position in shares of Advanced Micro Devices during the third quarter worth about $41,000. Coston McIsaac & Partners increased its stake in shares of Advanced Micro Devices by 319.4% during the third quarter. Coston McIsaac & Partners now owns 260 shares of the semiconductor manufacturer’s stock worth $42,000 after buying an additional 198 shares during the period. Finally, Retirement Wealth Solutions LLC acquired a new position in Advanced Micro Devices during the 4th quarter worth approximately $32,000. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Trading Up 0.1 %

NASDAQ AMD opened at $111.81 on Friday. The company has a quick ratio of 1.78, a current ratio of 2.62 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $181.19 billion, a P/E ratio of 112.94, a P/E/G ratio of 1.04 and a beta of 1.65. Advanced Micro Devices, Inc. has a 52-week low of $106.50 and a 52-week high of $227.30. The firm has a 50-day moving average price of $121.53 and a 200 day moving average price of $139.12.

Advanced Micro Devices (NASDAQ:AMD) last issued its earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.07. Advanced Micro Devices had a return on equity of 7.42% and a net margin of 6.36%. Equities research analysts expect that Advanced Micro Devices, Inc. will post 4.11 EPS for the current year.

Analyst Ratings Changes

A number of brokerages recently commented on AMD. Cantor Fitzgerald reiterated an “overweight” rating and set a $180.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, October 30th. Melius Research reaffirmed a “hold” rating and set a $129.00 price objective (down from $160.00) on shares of Advanced Micro Devices in a research report on Tuesday, January 28th. Melius lowered Advanced Micro Devices from a “buy” rating to a “hold” rating and cut their target price for the stock from $160.00 to $129.00 in a research report on Tuesday, January 28th. The Goldman Sachs Group downgraded Advanced Micro Devices from a “buy” rating to a “neutral” rating and lowered their price target for the company from $175.00 to $129.00 in a report on Friday, January 10th. Finally, StockNews.com cut shares of Advanced Micro Devices from a “hold” rating to a “sell” rating in a report on Tuesday, January 14th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, eighteen have assigned a buy rating and three have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $158.70.

Insiders Place Their Bets

In related news, CEO Lisa T. Su sold 76,496 shares of the company’s stock in a transaction that occurred on 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 sale, the chief executive officer now owns 3,566,762 shares in the company, valued at $508,834,266.92. This represents a 2.10 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Philip Guido acquired 4,645 shares of the company’s stock in a transaction that occurred on Friday, February 7th. The stock was purchased 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 directly owns 33,522 shares in the company, valued at $3,605,626.32. This represents a 16.09 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.73% of the stock is currently owned by company 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.