SS&H Financial Advisors Inc. Acquires 4,000 Shares of Advanced Micro Devices, Inc. $AMD

SS&H Financial Advisors Inc. raised its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMDFree Report) by 112.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 7,550 shares of the semiconductor manufacturer’s stock after buying an additional 4,000 shares during the period. SS&H Financial Advisors Inc.’s holdings in Advanced Micro Devices were worth $1,617,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Stratos Wealth Partners LTD. boosted its stake in shares of Advanced Micro Devices by 25.1% during the 4th quarter. Stratos Wealth Partners LTD. now owns 64,554 shares of the semiconductor manufacturer’s stock worth $13,825,000 after buying an additional 12,932 shares during the last quarter. Stratos Investment Management LLC increased its position in shares of Advanced Micro Devices by 51.4% in the fourth quarter. Stratos Investment Management LLC now owns 5,713 shares of the semiconductor manufacturer’s stock valued at $1,223,000 after acquiring an additional 1,940 shares during the last quarter. Perpetual Ltd increased its position in shares of Advanced Micro Devices by 44.1% in the fourth quarter. Perpetual Ltd now owns 9,975 shares of the semiconductor manufacturer’s stock valued at $2,136,000 after acquiring an additional 3,051 shares during the last quarter. Arvest Investments Inc. raised its holdings in Advanced Micro Devices by 59.2% during the fourth quarter. Arvest Investments Inc. now owns 2,820 shares of the semiconductor manufacturer’s stock worth $604,000 after acquiring an additional 1,049 shares in the last quarter. Finally, NTV Asset Management LLC boosted its position in Advanced Micro Devices by 0.8% during the fourth quarter. NTV Asset Management LLC now owns 8,489 shares of the semiconductor manufacturer’s stock valued at $1,818,000 after purchasing an additional 66 shares during the last quarter. 71.34% of the stock is owned by institutional investors.

Insider Activity at Advanced Micro Devices

In other news, SVP Ava Hahn sold 2,442 shares of the firm’s stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $234.42, for a total transaction of $572,453.64. Following the completion of the sale, the senior vice president owned 16,359 shares in the company, valued at approximately $3,834,876.78. This trade represents a 12.99% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Forrest Eugene Norrod sold 19,450 shares of Advanced Micro Devices stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $216.81, for a total transaction of $4,216,954.50. Following the sale, the executive vice president directly owned 289,098 shares of the company’s stock, valued at $62,679,337.38. The trade was a 6.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 239,392 shares of company stock valued at $50,016,383. 0.06% of the stock is owned by company insiders.

Advanced Micro Devices News Summary

Here are the key news stories impacting Advanced Micro Devices this week:

Advanced Micro Devices Stock Performance

Shares of NASDAQ AMD opened at $217.50 on Friday. The company has a current ratio of 2.85, a quick ratio of 2.01 and a debt-to-equity ratio of 0.04. Advanced Micro Devices, Inc. has a 12 month low of $76.48 and a 12 month high of $267.08. The stock has a 50 day moving average of $209.87 and a 200-day moving average of $214.49. The company has a market capitalization of $354.60 billion, a P/E ratio of 82.08, a P/E/G ratio of 0.82 and a beta of 1.96.

Advanced Micro Devices (NASDAQ:AMDGet Free Report) last posted its quarterly earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share for the quarter, beating analysts’ consensus estimates of $1.32 by $0.21. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.The business had revenue of $10.27 billion for the quarter, compared to analysts’ expectations of $9.65 billion. During the same quarter in the prior year, the business earned $1.09 EPS. The firm’s revenue for the quarter was up 34.1% on a year-over-year basis. As a group, equities research analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Analyst Upgrades and Downgrades

AMD has been the topic of several recent analyst reports. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $230.00 price target on shares of Advanced Micro Devices in a research report on Monday, March 16th. Mizuho increased their price objective on Advanced Micro Devices from $275.00 to $280.00 and gave the company an “outperform” rating in a report on Wednesday, February 25th. Citigroup reissued a “neutral” rating on shares of Advanced Micro Devices in a research note on Thursday, January 15th. DA Davidson upgraded shares of Advanced Micro Devices to a “hold” rating in a report on Friday, February 13th. Finally, The Goldman Sachs Group increased their price target on shares of Advanced Micro Devices from $210.00 to $240.00 and gave the company a “neutral” rating in a research note on Wednesday, February 25th. One analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $290.53.

Get Our Latest Research Report on AMD

Advanced Micro Devices Profile

(Free Report)

Advanced Micro Devices, Inc (NASDAQ: AMD) is a global semiconductor company that designs and sells microprocessors, graphics processors, chipsets and adaptive computing solutions for a broad set of markets. The company’s product portfolio includes consumer and commercial CPUs under the Ryzen and Threadripper brands, data center processors under the EPYC brand, and Radeon graphics processing units for gaming and professional visualization. AMD also offers semi-custom system-on-chip (SoC) products for gaming consoles and other specialized applications, and provides supporting software and platform technologies for OEMs, cloud service providers and end users.

Founded in 1969, AMD has evolved from a supplier of logic chips into a diversified, fabless semiconductor designer.

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Institutional Ownership by Quarter for Advanced Micro Devices (NASDAQ:AMD)

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