Win Advisors Inc. Acquires New Holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Win Advisors Inc. acquired a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 2,017 shares of the semiconductor manufacturer’s stock, valued at approximately $297,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of AMD. Peoples Bank KS acquired a new position in Advanced Micro Devices in the 3rd quarter valued at about $26,000. Spartan Planning & Wealth Management acquired a new position in Advanced Micro Devices in the 3rd quarter valued at about $27,000. Gables Capital Management Inc. acquired a new position in Advanced Micro Devices in the 4th quarter valued at about $29,000. Kathleen S. Wright Associates Inc. acquired a new position in Advanced Micro Devices in the 4th quarter valued at about $30,000. Finally, Addison Advisors LLC grew its position in Advanced Micro Devices by 41.9% in the 4th quarter. Addison Advisors LLC now owns 210 shares of the semiconductor manufacturer’s stock valued at $31,000 after acquiring an additional 62 shares in the last quarter. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, CEO Lisa T. Su sold 125,000 shares of the stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $195.13, for a total transaction of $24,391,250.00. Following the sale, the chief executive officer now directly owns 3,222,230 shares in the company, valued at approximately $628,753,739.90. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In related news, CAO Darla M. Smith sold 1,678 shares of the stock in a transaction that occurred on Thursday, February 29th. The stock was sold at an average price of $188.66, for a total transaction of $316,571.48. Following the sale, the chief accounting officer now directly owns 4,209 shares in the company, valued at approximately $794,069.94. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Lisa T. Su sold 125,000 shares of the company’s stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $195.13, for a total value of $24,391,250.00. Following the transaction, the chief executive officer now directly owns 3,222,230 shares in the company, valued at approximately $628,753,739.90. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 341,143 shares of company stock worth $62,580,844. Company insiders own 0.65% of the company’s stock.

Advanced Micro Devices Stock Down 8.9 %

NASDAQ AMD traded down $14.17 on Wednesday, reaching $144.21. The stock had a trading volume of 40,859,451 shares, compared to its average volume of 71,842,500. Advanced Micro Devices, Inc. has a 1 year low of $81.02 and a 1 year high of $227.30. The company has a current ratio of 2.51, a quick ratio of 1.86 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $233.06 billion, a price-to-earnings ratio of 277.14, a P/E/G ratio of 2.44 and a beta of 1.64. The business has a 50 day moving average price of $177.04 and a 200 day moving average price of $151.59.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings data on Tuesday, April 30th. The semiconductor manufacturer reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.01. Advanced Micro Devices had a return on equity of 5.73% and a net margin of 3.77%. The company had revenue of $5.47 billion for the quarter, compared to analyst estimates of $5.48 billion. During the same period in the prior year, the company posted $0.43 EPS. The company’s revenue was up 2.2% compared to the same quarter last year. On average, analysts forecast that Advanced Micro Devices, Inc. will post 2.64 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. JPMorgan Chase & Co. lifted their target price on Advanced Micro Devices from $115.00 to $180.00 and gave the company a “neutral” rating in a research report on Wednesday, January 31st. StockNews.com downgraded Advanced Micro Devices from a “hold” rating to a “sell” rating in a research report on Thursday, April 25th. Evercore ISI lowered their price objective on Advanced Micro Devices from $200.00 to $193.00 and set an “outperform” rating for the company in a research report on Wednesday. HSBC raised Advanced Micro Devices from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $180.00 to $225.00 in a research report on Tuesday, April 16th. Finally, Morgan Stanley lowered their price objective on Advanced Micro Devices from $193.00 to $177.00 and set an “overweight” rating for the company in a research report on Monday. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-seven have issued a buy rating to the stock. Based on data from MarketBeat.com, Advanced Micro Devices has an average rating of “Moderate Buy” and a consensus target price of $183.97.

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.