Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares Acquired by Bradley Foster & Sargent Inc. CT

Bradley Foster & Sargent Inc. CT lifted its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 1.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,465 shares of the semiconductor manufacturer’s stock after acquiring an additional 123 shares during the quarter. Bradley Foster & Sargent Inc. CT’s holdings in Advanced Micro Devices were worth $902,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Creative Capital Management Investments LLC lifted its holdings in Advanced Micro Devices by 124.6% in the third quarter. Creative Capital Management Investments LLC now owns 155 shares of the semiconductor manufacturer’s stock valued at $25,000 after acquiring an additional 86 shares during the period. Bear Mountain Capital Inc. purchased a new position in shares of Advanced Micro Devices during the 4th quarter valued at approximately $25,000. Global Wealth Strategies & Associates purchased a new position in shares of Advanced Micro Devices during the 4th quarter valued at approximately $26,000. Retirement Wealth Solutions LLC acquired a new position in shares of Advanced Micro Devices in the 4th quarter valued at $32,000. Finally, Compass Financial Services Inc purchased a new stake in Advanced Micro Devices during the fourth quarter worth $39,000. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, CEO Lisa T. Su sold 76,496 shares of the business’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 of the company’s stock, valued at $508,834,266.92. The trade was a 2.10 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Philip Guido purchased 4,645 shares of the stock in a transaction dated Friday, February 7th. The shares were purchased at an average price of $107.56 per share, with a total value of $499,616.20. Following the completion of the transaction, the executive vice president now owns 33,522 shares of the company’s stock, valued at approximately $3,605,626.32. This trade represents a 16.09 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 0.73% of the company’s stock.

Advanced Micro Devices Stock Performance

NASDAQ:AMD opened at $110.84 on Friday. The company’s 50-day moving average is $118.84 and its two-hundred day moving average is $137.99. The firm has a market capitalization of $179.61 billion, a price-to-earnings ratio of 111.96, a PEG ratio of 1.15 and a beta of 1.65. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.62 and a quick ratio of 1.83. 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 released its quarterly earnings data on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 EPS for the quarter, meeting analysts’ consensus estimates of $1.07. Advanced Micro Devices had a return on equity of 7.42% and a net margin of 6.36%. Analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on AMD. Loop Capital initiated coverage on shares of Advanced Micro Devices in a report on Tuesday, January 14th. They issued a “buy” rating and a $175.00 price objective for the company. HSBC restated a “reduce” rating and issued a $110.00 price target (down previously from $200.00) on shares of Advanced Micro Devices in a research note on Wednesday, January 8th. Mizuho lowered their price target on Advanced Micro Devices from $160.00 to $140.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 5th. TD Cowen cut their price objective on Advanced Micro Devices from $185.00 to $150.00 and set a “buy” rating for the company in a research report on Monday, January 13th. Finally, Barclays reduced their target price on Advanced Micro Devices from $170.00 to $140.00 and set an “overweight” rating for the company in a research note on Friday, January 17th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating, nineteen have given a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $155.83.

Advanced Micro Devices 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.