Focus Financial Network Inc. Has $1.31 Million Stock Holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Focus Financial Network Inc. lifted its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 3.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,859 shares of the semiconductor manufacturer’s stock after purchasing an additional 396 shares during the period. Focus Financial Network Inc.’s holdings in Advanced Micro Devices were worth $1,312,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in AMD. Pineridge Advisors LLC boosted its position in Advanced Micro Devices by 561.5% during the 4th quarter. Pineridge Advisors LLC now owns 635 shares of the semiconductor manufacturer’s stock worth $77,000 after buying an additional 539 shares during the period. International Private Wealth Advisors LLC bought a new position in shares of Advanced Micro Devices during the fourth quarter valued at $258,000. Global Wealth Management Investment Advisory Inc. lifted its holdings in shares of Advanced Micro Devices by 4.4% during the fourth quarter. Global Wealth Management Investment Advisory Inc. now owns 2,304 shares of the semiconductor manufacturer’s stock worth $278,000 after purchasing an additional 97 shares during the period. NORTHSTAR ASSET MANAGEMENT Co LLC grew its stake in shares of Advanced Micro Devices by 2.2% in the fourth quarter. NORTHSTAR ASSET MANAGEMENT Co LLC now owns 8,306 shares of the semiconductor manufacturer’s stock worth $1,003,000 after purchasing an additional 175 shares during the last quarter. Finally, Sycomore Asset Management increased its holdings in Advanced Micro Devices by 62.1% in the fourth quarter. Sycomore Asset Management now owns 67,942 shares of the semiconductor manufacturer’s stock valued at $8,207,000 after purchasing an additional 26,020 shares during the period. Institutional investors and hedge funds own 71.34% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have commented on AMD. Summit Insights raised Advanced Micro Devices to a “hold” rating in a report on Tuesday, February 4th. Rosenblatt Securities reiterated a “buy” rating and issued a $250.00 target price on shares of Advanced Micro Devices in a report on Tuesday, February 4th. Barclays lowered their price target on shares of Advanced Micro Devices from $170.00 to $140.00 and set an “overweight” rating for the company in a report on Friday, January 17th. The Goldman Sachs Group downgraded shares of Advanced Micro Devices from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $175.00 to $129.00 in a research report on Friday, January 10th. Finally, StockNews.com cut shares of Advanced Micro Devices from a “hold” rating to a “sell” rating in a research report on Tuesday, January 14th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating, eighteen have issued a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Advanced Micro Devices currently has an average rating of “Moderate Buy” and a consensus price target of $158.70.

Insiders Place Their Bets

In other Advanced Micro Devices news, CEO Lisa T. Su sold 76,496 shares of the business’s stock in a transaction 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 transaction, the chief executive officer now owns 3,566,762 shares of the company’s stock, valued at approximately $508,834,266.92. The trade was a 2.10 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.73% of the company’s stock.

Advanced Micro Devices Price Performance

AMD stock opened at $111.10 on Wednesday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.78 and a current ratio of 2.62. The business has a 50-day simple moving average of $122.79 and a two-hundred day simple moving average of $139.51. The company has a market capitalization of $180.04 billion, a P/E ratio of 112.22, a price-to-earnings-growth 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.

Advanced Micro Devices (NASDAQ:AMD) last announced its 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%. Research analysts expect that Advanced Micro Devices, Inc. will post 4.11 EPS for the current fiscal year.

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.