Campbell Capital Management Inc. Has $6.69 Million Stock Holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Campbell Capital Management Inc. cut its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 3.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 55,349 shares of the semiconductor manufacturer’s stock after selling 2,240 shares during the period. Advanced Micro Devices accounts for about 2.6% of Campbell Capital Management Inc.’s investment portfolio, making the stock its 12th biggest holding. Campbell Capital Management Inc.’s holdings in Advanced Micro Devices were worth $6,686,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of AMD. Hills Bank & Trust Co raised its stake in Advanced Micro Devices by 39.5% in the fourth quarter. Hills Bank & Trust Co now owns 7,731 shares of the semiconductor manufacturer’s stock valued at $934,000 after buying an additional 2,190 shares during the period. Wellington Shields & Co. LLC raised its stake in Advanced Micro Devices by 53.0% in the fourth quarter. Wellington Shields & Co. LLC now owns 907 shares of the semiconductor manufacturer’s stock valued at $110,000 after buying an additional 314 shares during the period. First National Trust Co raised its stake in Advanced Micro Devices by 4.8% in the fourth quarter. First National Trust Co now owns 38,904 shares of the semiconductor manufacturer’s stock valued at $4,699,000 after buying an additional 1,779 shares during the period. Postrock Partners LLC bought a new stake in Advanced Micro Devices in the fourth quarter valued at approximately $1,088,000. Finally, Intact Investment Management Inc. raised its stake in Advanced Micro Devices by 390,000.0% in the fourth quarter. Intact Investment Management Inc. now owns 3,901 shares of the semiconductor manufacturer’s stock valued at $471,000 after buying an additional 3,900 shares during the period. 71.34% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have issued reports on AMD. Bank of America dropped their price objective on Advanced Micro Devices from $155.00 to $135.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 5th. Piper Sandler reiterated an “overweight” rating on shares of Advanced Micro Devices in a research note on Wednesday, February 19th. TD Cowen lowered their target price on Advanced Micro Devices from $185.00 to $150.00 and set a “buy” rating on the stock in a research note on Monday, January 13th. Benchmark reiterated a “buy” rating and set a $170.00 target price on shares of Advanced Micro Devices in a research note on Tuesday, February 18th. Finally, Wolfe Research lowered Advanced Micro Devices from an “outperform” rating to a “peer perform” rating in a research note on Thursday, January 16th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating, nineteen have given a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat.com, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and a consensus target price of $155.14.

Insider Buying and Selling

In other news, EVP Philip Guido acquired 4,645 shares of Advanced Micro Devices stock in a transaction that occurred on Friday, February 7th. The shares were acquired at an average price of $107.56 per share, for a total transaction of $499,616.20. Following the transaction, the executive vice president now directly owns 33,522 shares of the company’s stock, valued at approximately $3,605,626.32. The trade was a 16.09 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.73% of the stock is currently owned by corporate insiders.

Advanced Micro Devices Trading Up 2.9 %

Shares of AMD opened at $100.97 on Friday. Advanced Micro Devices, Inc. has a 52-week low of $94.73 and a 52-week high of $193.80. The business’s fifty day moving average is $112.05 and its 200-day moving average is $133.35. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.83 and a current ratio of 2.62. The firm has a market cap of $163.62 billion, a price-to-earnings ratio of 101.99, a PEG ratio of 1.11 and a beta of 1.74.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.07. Advanced Micro Devices had a return on equity of 7.42% and a net margin of 6.36%. Equities analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 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.