Baldwin Wealth Partners LLC MA Has $558,000 Stake in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Baldwin Wealth Partners LLC MA decreased its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 48.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,618 shares of the semiconductor manufacturer’s stock after selling 4,362 shares during the quarter. Baldwin Wealth Partners LLC MA’s holdings in Advanced Micro Devices were worth $558,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AMD. AQR Capital Management LLC boosted its stake in Advanced Micro Devices by 5.7% during the second quarter. AQR Capital Management LLC now owns 294,567 shares of the semiconductor manufacturer’s stock worth $47,782,000 after acquiring an additional 15,975 shares in the last quarter. Mackenzie Financial Corp raised its position in shares of Advanced Micro Devices by 0.3% during the second quarter. Mackenzie Financial Corp now owns 201,976 shares of the semiconductor manufacturer’s stock worth $32,763,000 after purchasing an additional 594 shares during the period. MidWestOne Financial Group Inc. lifted its holdings in shares of Advanced Micro Devices by 7.4% in the 2nd quarter. MidWestOne Financial Group Inc. now owns 1,247 shares of the semiconductor manufacturer’s stock worth $202,000 after purchasing an additional 86 shares in the last quarter. Ascent Group LLC grew its position in Advanced Micro Devices by 9.2% in the 2nd quarter. Ascent Group LLC now owns 24,401 shares of the semiconductor manufacturer’s stock valued at $3,958,000 after purchasing an additional 2,053 shares during the period. Finally, Aviso Wealth Management increased its stake in Advanced Micro Devices by 9.8% during the 2nd quarter. Aviso Wealth Management now owns 4,001 shares of the semiconductor manufacturer’s stock valued at $649,000 after purchasing an additional 358 shares in the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.

Advanced Micro Devices Stock Down 4.4 %

Shares of NASDAQ AMD opened at $117.46 on Monday. The company has a market cap of $190.62 billion, a price-to-earnings ratio of 106.15, a PEG ratio of 1.09 and a beta of 1.66. The company has a quick ratio of 1.78, a current ratio of 2.50 and a debt-to-equity ratio of 0.03. The firm’s fifty day moving average is $128.12 and its 200 day moving average is $143.21. Advanced Micro Devices, Inc. has a 52 week low of $114.41 and a 52 week high of $227.30.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, October 29th. The semiconductor manufacturer reported $0.92 EPS for the quarter, meeting the consensus estimate of $0.92. The firm had revenue of $6.82 billion during the quarter, compared to the consensus estimate of $6.71 billion. Advanced Micro Devices had a net margin of 7.52% and a return on equity of 6.62%. The company’s quarterly revenue was up 17.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.53 earnings per share. On average, equities research analysts expect that Advanced Micro Devices, Inc. will post 2.54 earnings per share for the current year.

Insiders Place Their Bets

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 40,540 shares of the firm’s stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $141.67, for a total value of $5,743,301.80. Following the completion of the sale, the executive vice president now directly owns 293,347 shares in the company, valued at $41,558,469.49. This trade represents a 12.14 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Lisa T. Su sold 80,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $143.87, for a total value of $11,509,600.00. Following the transaction, the chief executive officer now owns 3,566,762 shares in the company, valued at $513,150,048.94. This trade represents a 2.19 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 197,036 shares of company stock worth $28,165,821. 0.73% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

AMD has been the subject of several recent research reports. HSBC reissued a “reduce” rating and set a $110.00 target price (down from $200.00) on shares of Advanced Micro Devices in a research report on Wednesday, January 8th. Wolfe Research cut Advanced Micro Devices from an “outperform” rating to a “peer perform” rating in a research report on Thursday, January 16th. Wells Fargo & Company lowered their price target on Advanced Micro Devices from $205.00 to $165.00 and set an “overweight” rating for the company in a research report on Monday, January 13th. StockNews.com cut shares of Advanced Micro Devices from a “hold” rating to a “sell” rating in a report on Tuesday, January 14th. Finally, Rosenblatt Securities reissued a “buy” rating and set a $250.00 target price on shares of Advanced Micro Devices in a research report on Monday, October 28th. Two analysts have rated the stock with a sell rating, six have given a hold rating, twenty-one have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and an average price target of $176.33.

Advanced Micro Devices Company 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.