Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares Sold by Householder Group Estate & Retirement Specialist LLC

Householder Group Estate & Retirement Specialist LLC trimmed its position in Advanced Micro Devices, Inc. (NASDAQ:AMDFree Report) by 19.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,195 shares of the semiconductor manufacturer’s stock after selling 288 shares during the period. Householder Group Estate & Retirement Specialist LLC’s holdings in Advanced Micro Devices were worth $176,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of AMD. Activest Wealth Management acquired a new position in Advanced Micro Devices in the third quarter valued at approximately $26,000. Peoples Bank KS purchased a new stake in Advanced Micro Devices in the third quarter valued at approximately $26,000. Spartan Planning & Wealth Management purchased a new stake in Advanced Micro Devices in the third quarter valued at approximately $27,000. Castleview Partners LLC raised its position in Advanced Micro Devices by 62.5% in the second quarter. Castleview Partners LLC now owns 234 shares of the semiconductor manufacturer’s stock valued at $27,000 after purchasing an additional 90 shares during the period. Finally, Indiana Trust & Investment Management CO purchased a new stake in Advanced Micro Devices in the third quarter valued at approximately $31,000. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Advanced Micro Devices

In other news, EVP Mark D. Papermaster sold 16,200 shares of the firm’s stock in a transaction that occurred on Friday, March 15th. The shares were sold at an average price of $186.73, for a total transaction 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 sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other Advanced Micro Devices news, insider Victor Peng sold 100,000 shares of the firm’s stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $175.11, for a total transaction of $17,511,000.00. Following the transaction, the insider now directly owns 241,266 shares in the company, valued at approximately $42,248,089.26. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Mark D. Papermaster sold 16,200 shares of Advanced Micro Devices stock in a transaction on Friday, March 15th. The stock was sold at an average price of $186.73, for a total value of $3,025,026.00. Following the sale, the executive vice president now owns 1,554,602 shares in the company, valued at $290,290,831.46. The disclosure for this sale can be found here. In the last 90 days, insiders sold 324,943 shares of company stock valued at $59,919,994. 0.73% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

AMD has been the topic of a number of recent research reports. JPMorgan Chase & Co. upped their price objective on Advanced Micro Devices from $115.00 to $180.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 31st. Susquehanna increased their price target on shares of Advanced Micro Devices from $170.00 to $210.00 and gave the stock a “positive” rating in a report on Monday, January 29th. Cantor Fitzgerald reissued an “overweight” rating and set a $190.00 price target on shares of Advanced Micro Devices in a report on Monday, March 4th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $200.00 target price on shares of Advanced Micro Devices in a report on Tuesday, January 30th. Finally, Barclays increased their target price on shares of Advanced Micro Devices from $200.00 to $235.00 and gave the company an “overweight” rating in a report on Monday, March 4th. Four analysts have rated the stock with a hold rating and twenty-five have assigned a buy rating to the stock. According to data from MarketBeat.com, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and a consensus price target of $181.82.

View Our Latest Stock Analysis on AMD

Advanced Micro Devices Stock Up 1.2 %

Shares of NASDAQ:AMD opened at $180.77 on Thursday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.86 and a current ratio of 2.51. Advanced Micro Devices, Inc. has a 52 week low of $81.02 and a 52 week high of $227.30. The firm has a 50 day simple moving average of $182.06 and a 200 day simple moving average of $143.60. The company has a market cap of $292.15 billion, a PE ratio of 347.64, a price-to-earnings-growth ratio of 2.69 and a beta of 1.64.

Advanced Micro Devices (NASDAQ:AMDGet Free Report) last released its quarterly earnings results on Tuesday, January 30th. The semiconductor manufacturer reported $0.77 EPS for the quarter, meeting the consensus estimate of $0.77. The business had revenue of $6.17 billion for the quarter, compared to the consensus estimate of $6.13 billion. Advanced Micro Devices had a net margin of 3.77% and a return on equity of 5.73%. Advanced Micro Devices’s revenue was up 10.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.54 earnings per share. As a group, research analysts expect that Advanced Micro Devices, Inc. will post 2.67 earnings per share for the current year.

About Advanced Micro Devices

(Free Report)

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.

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

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