1,528 Shares in Advanced Micro Devices, Inc. (NASDAQ:AMD) Purchased by Great Point Wealth Advisors LLC

Great Point Wealth Advisors LLC acquired a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,528 shares of the semiconductor manufacturer’s stock, valued at approximately $225,000.

Other institutional investors also recently bought and sold shares of the company. Retirement Planning Group LLC boosted its holdings in shares of Advanced Micro Devices by 2.2% in the fourth quarter. Retirement Planning Group LLC now owns 3,679 shares of the semiconductor manufacturer’s stock valued at $542,000 after acquiring an additional 79 shares during the period. Financial Management Professionals Inc. lifted its position in shares of Advanced Micro Devices by 5.2% in the 4th quarter. Financial Management Professionals Inc. now owns 1,629 shares of the semiconductor manufacturer’s stock worth $240,000 after buying an additional 81 shares during the last quarter. Prentice Wealth Management LLC boosted its position in Advanced Micro Devices by 2.2% during the 4th quarter. Prentice Wealth Management LLC now owns 3,876 shares of the semiconductor manufacturer’s stock worth $571,000 after acquiring an additional 83 shares during the period. Kure Advisory LLC grew its stake in shares of Advanced Micro Devices by 4.2% in the 4th quarter. Kure Advisory LLC now owns 2,201 shares of the semiconductor manufacturer’s stock worth $324,000 after purchasing an additional 89 shares during the last quarter. Finally, Left Brain Wealth Management LLC grew its position in Advanced Micro Devices by 1.2% during the third quarter. Left Brain Wealth Management LLC now owns 7,501 shares of the semiconductor manufacturer’s stock valued at $771,000 after purchasing an additional 90 shares in the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Advanced Micro Devices

In related news, Director Joseph A. Householder sold 6,572 shares of the business’s stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $208.08, for a total transaction of $1,367,501.76. Following the completion of the transaction, the director now directly owns 2,197 shares in the company, valued at $457,151.76. The transaction was disclosed in a document filed with the SEC, which is available through this link. In other news, EVP Mark D. Papermaster sold 16,200 shares of the stock in a transaction that occurred on Friday, March 15th. The shares were sold at an average price of $186.73, for a total value of $3,025,026.00. Following the completion of the sale, the executive vice president now owns 1,554,602 shares of the company’s stock, valued at approximately $290,290,831.46. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Joseph A. Householder sold 6,572 shares of Advanced Micro Devices stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $208.08, for a total value of $1,367,501.76. Following the sale, the director now owns 2,197 shares in the company, valued at approximately $457,151.76. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 324,943 shares of company stock valued at $59,919,994. 0.65% of the stock is currently owned by insiders.

Advanced Micro Devices Trading Up 1.6 %

NASDAQ:AMD traded up $2.85 during mid-day trading on Monday, reaching $183.34. The company’s stock had a trading volume of 74,250,312 shares, compared to its average volume of 77,914,352. The stock has a market cap of $296.30 billion, a P/E ratio of 352.58, a P/E/G ratio of 2.71 and a beta of 1.64. The company’s fifty day simple moving average is $181.50 and its two-hundred day simple moving average is $142.26. Advanced Micro Devices, Inc. has a twelve month low of $81.02 and a twelve month high of $227.30. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.51 and a quick ratio of 1.86.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings results on Tuesday, January 30th. The semiconductor manufacturer reported $0.77 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.77. Advanced Micro Devices had a net margin of 3.77% and a return on equity of 5.73%. The firm had revenue of $6.17 billion for the quarter, compared to analyst estimates of $6.13 billion. During the same quarter in the previous year, the firm posted $0.54 EPS. The business’s revenue for the quarter was up 10.2% on a year-over-year basis. On average, equities analysts predict that Advanced Micro Devices, Inc. will post 2.67 EPS for the current year.

Analysts Set New Price Targets

AMD has been the topic of several analyst reports. Roth Mkm upped their target price on shares of Advanced Micro Devices from $125.00 to $190.00 and gave the stock a “buy” rating in a report on Wednesday, January 31st. UBS Group upped their target price on shares of Advanced Micro Devices from $135.00 to $220.00 and gave the stock a “buy” rating in a report on Thursday, January 25th. Morgan Stanley upped their price objective on shares of Advanced Micro Devices from $128.00 to $193.00 and gave the stock an “overweight” rating in a research report on Monday, January 29th. New Street Research raised Advanced Micro Devices from a “neutral” rating to a “buy” rating and set a $215.00 price objective on the stock in a research report on Wednesday, January 24th. Finally, Wells Fargo & Company upped their price target on shares of Advanced Micro Devices from $165.00 to $190.00 and gave the stock an “overweight” rating in a report on Wednesday, January 31st. Four equities research analysts have rated the stock with a hold rating and twenty-five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Advanced Micro Devices has a consensus rating of “Moderate Buy” and a consensus price target of $181.82.

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.