Quattro Financial Advisors LLC Has $2.36 Million Holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Quattro Financial Advisors LLC decreased its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 24.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 18,900 shares of the semiconductor manufacturer’s stock after selling 6,100 shares during the period. Quattro Financial Advisors LLC’s holdings in Advanced Micro Devices were worth $2,363,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Marcum Wealth LLC increased its stake in shares of Advanced Micro Devices by 9.8% in the third quarter. Marcum Wealth LLC now owns 3,444 shares of the semiconductor manufacturer’s stock worth $565,000 after purchasing an additional 307 shares during the period. Cypress Wealth Services LLC acquired a new stake in Advanced Micro Devices in the 3rd quarter valued at approximately $210,000. UMB Bank n.a. lifted its holdings in shares of Advanced Micro Devices by 3.2% during the third quarter. UMB Bank n.a. now owns 15,874 shares of the semiconductor manufacturer’s stock worth $2,605,000 after buying an additional 490 shares during the last quarter. Pinnacle Bancorp Inc. boosted its position in shares of Advanced Micro Devices by 27.1% in the third quarter. Pinnacle Bancorp Inc. now owns 745 shares of the semiconductor manufacturer’s stock valued at $122,000 after acquiring an additional 159 shares during the period. Finally, Private Advisory Group LLC grew its stake in shares of Advanced Micro Devices by 25.9% in the third quarter. Private Advisory Group LLC now owns 72,289 shares of the semiconductor manufacturer’s stock worth $11,861,000 after acquiring an additional 14,854 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO Lisa T. Su sold 76,496 shares of Advanced Micro Devices stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $142.66, for a total value of $10,912,919.36. Following the completion of the sale, the chief executive officer now directly owns 3,566,762 shares in the company, valued at $508,834,266.92. This trade represents a 2.10 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.65% of the stock is currently owned by corporate insiders.

Advanced Micro Devices Stock Performance

Shares of NASDAQ:AMD opened at $107.56 on Friday. The business has a fifty day moving average of $124.01 and a 200-day moving average of $140.18. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.78 and a current ratio of 2.50. Advanced Micro Devices, Inc. has a twelve month low of $106.50 and a twelve month high of $227.30. The firm has a market cap of $174.55 billion, a PE ratio of 96.90, a price-to-earnings-growth ratio of 1.03 and a beta of 1.66.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings data on Tuesday, February 4th. The semiconductor manufacturer reported $0.88 earnings per share for the quarter, missing the consensus estimate of $1.07 by ($0.19). Advanced Micro Devices had a net margin of 7.52% and a return on equity of 6.62%. On average, equities research analysts predict that Advanced Micro Devices, Inc. will post 2.54 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Loop Capital initiated coverage on shares of Advanced Micro Devices in a research note on Tuesday, January 14th. They set a “buy” rating and a $175.00 target price for the company. Summit Insights raised shares of Advanced Micro Devices to a “hold” rating in a research report on Tuesday. StockNews.com downgraded Advanced Micro Devices from a “hold” rating to a “sell” rating in a research report on Tuesday, January 14th. UBS Group cut their price target on Advanced Micro Devices from $210.00 to $205.00 and set a “buy” rating for the company in a report on Wednesday, October 30th. Finally, Wells Fargo & Company decreased their price objective on Advanced Micro Devices from $165.00 to $140.00 and set an “overweight” rating on the stock in a report on Wednesday. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating, eighteen have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $158.70.

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.