TFB Advisors LLC Has $617,000 Stake in Advanced Micro Devices, Inc. (NASDAQ:AMD)

TFB Advisors LLC cut its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 13.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,105 shares of the semiconductor manufacturer’s stock after selling 823 shares during the quarter. TFB Advisors LLC’s holdings in Advanced Micro Devices were worth $617,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. International Assets Investment Management LLC grew its stake in shares of Advanced Micro Devices by 17,137.3% during the third quarter. International Assets Investment Management LLC now owns 7,860,909 shares of the semiconductor manufacturer’s stock worth $1,289,818,000 after buying an additional 7,815,305 shares during the last quarter. Assenagon Asset Management S.A. grew its position in Advanced Micro Devices by 42.2% during the 3rd quarter. Assenagon Asset Management S.A. now owns 8,420,766 shares of the semiconductor manufacturer’s stock worth $1,381,679,000 after acquiring an additional 2,497,056 shares during the last quarter. State Street Corp increased its holdings in Advanced Micro Devices by 2.3% in the 3rd quarter. State Street Corp now owns 70,170,271 shares of the semiconductor manufacturer’s stock worth $11,513,538,000 after purchasing an additional 1,580,035 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Advanced Micro Devices by 8.7% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 19,472,211 shares of the semiconductor manufacturer’s stock valued at $3,195,000,000 after purchasing an additional 1,565,083 shares during the last quarter. Finally, Van ECK Associates Corp boosted its stake in shares of Advanced Micro Devices by 11.3% during the third quarter. Van ECK Associates Corp now owns 9,620,878 shares of the semiconductor manufacturer’s stock valued at $1,471,128,000 after purchasing an additional 975,220 shares in the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Advanced Micro Devices Price Performance

AMD opened at $111.10 on Wednesday. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.62 and a quick ratio of 1.78. The stock’s 50 day simple moving average is $122.79 and its 200 day simple moving average is $139.51. The firm has a market cap of $180.04 billion, a price-to-earnings ratio of 112.22, a PEG ratio of 1.04 and a beta of 1.65. Advanced Micro Devices, Inc. has a 1 year low of $106.50 and a 1 year high of $227.30.

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 the consensus estimate of $1.07. Advanced Micro Devices had a net margin of 6.36% and a return on equity of 7.42%. As a group, analysts predict that Advanced Micro Devices, Inc. will post 4.11 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have issued reports on AMD. Loop Capital initiated coverage on shares of Advanced Micro Devices in a research report on Tuesday, January 14th. They issued a “buy” rating and a $175.00 price target for the company. DZ Bank lowered shares of Advanced Micro Devices from a “buy” rating to a “hold” rating and set a $120.00 target price on the stock. in a report on Friday, February 7th. Rosenblatt Securities reaffirmed a “buy” rating and set a $250.00 price objective on shares of Advanced Micro Devices in a research report on Tuesday, February 4th. KeyCorp cut their price objective on shares of Advanced Micro Devices from $150.00 to $140.00 and set an “overweight” rating on the stock in a report on Wednesday, February 5th. Finally, Benchmark lowered their target price on shares of Advanced Micro Devices from $200.00 to $170.00 and set a “buy” rating for the company in a report on Wednesday, February 5th. Two 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 company. Based on data from MarketBeat.com, Advanced Micro Devices has a consensus rating of “Moderate Buy” and a consensus target price of $158.70.

Insider Activity

In other Advanced Micro Devices news, CEO Lisa T. Su sold 76,496 shares of the firm’s stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $142.66, for a total transaction of $10,912,919.36. Following the completion of the transaction, the chief executive officer now owns 3,566,762 shares of the company’s stock, valued at approximately $508,834,266.92. This trade represents a 2.10 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.73% of the company’s stock.

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.