NORTHSTAR ASSET MANAGEMENT Co LLC Acquires 175 Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

NORTHSTAR ASSET MANAGEMENT Co LLC boosted its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 2.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 8,306 shares of the semiconductor manufacturer’s stock after buying an additional 175 shares during the quarter. NORTHSTAR ASSET MANAGEMENT Co LLC’s holdings in Advanced Micro Devices were worth $1,003,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in AMD. Sycomore Asset Management raised its stake in Advanced Micro Devices by 62.1% in the 4th quarter. Sycomore Asset Management now owns 67,942 shares of the semiconductor manufacturer’s stock valued at $8,207,000 after acquiring an additional 26,020 shares during the period. Quilter Plc raised its position in shares of Advanced Micro Devices by 3.9% in the fourth quarter. Quilter Plc now owns 941,202 shares of the semiconductor manufacturer’s stock valued at $113,688,000 after purchasing an additional 35,094 shares during the period. Silicon Valley Capital Partners lifted its stake in shares of Advanced Micro Devices by 257.8% during the 4th quarter. Silicon Valley Capital Partners now owns 108,712 shares of the semiconductor manufacturer’s stock valued at $13,131,000 after buying an additional 78,326 shares in the last quarter. Comprehensive Financial Planning Inc. PA bought a new position in Advanced Micro Devices in the 4th quarter worth approximately $199,000. Finally, Canvas Wealth Advisors LLC grew its stake in Advanced Micro Devices by 17.2% in the 4th quarter. Canvas Wealth Advisors LLC now owns 67,677 shares of the semiconductor manufacturer’s stock valued at $8,175,000 after buying an additional 9,929 shares in the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Hsbc Global Res downgraded Advanced Micro Devices from a “strong-buy” rating to a “moderate sell” rating in a research report on Wednesday, January 8th. Rosenblatt Securities restated a “buy” rating and issued a $250.00 target price on shares of Advanced Micro Devices in a research note on Tuesday, February 4th. The Goldman Sachs Group cut Advanced Micro Devices from a “buy” rating to a “neutral” rating and decreased their price target for the company from $175.00 to $129.00 in a research report on Friday, January 10th. Loop Capital assumed coverage on shares of Advanced Micro Devices in a research report on Tuesday, January 14th. They issued a “buy” rating and a $175.00 price objective for the company. Finally, Bank of America decreased their target price on shares of Advanced Micro Devices from $155.00 to $135.00 and set a “neutral” rating on the stock in a report on Wednesday, February 5th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, eighteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $158.70.

Advanced Micro Devices Stock Down 2.4 %

NASDAQ AMD opened at $107.56 on Monday. The stock has a market capitalization of $174.30 billion, a PE ratio of 108.65, a PEG ratio of 1.04 and a beta of 1.65. Advanced Micro Devices, Inc. has a 1 year low of $106.50 and a 1 year high of $227.30. The business’s 50-day moving average is $123.42 and its 200 day moving average is $139.74. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.62 and a quick ratio of 1.78.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 EPS for the quarter, hitting the consensus estimate of $1.07. Advanced Micro Devices had a net margin of 6.36% and a return on equity of 7.42%. Sell-side analysts forecast that Advanced Micro Devices, Inc. will post 4.11 earnings per share for the current year.

Insider Activity

In related news, CEO Lisa T. Su sold 76,496 shares of the business’s stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $142.66, for a total value of $10,912,919.36. Following the completion of the transaction, the chief executive officer now directly owns 3,566,762 shares in the company, valued at $508,834,266.92. The trade was a 2.10 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.73% of the company’s stock.

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.