Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares Acquired by Certuity LLC

Certuity LLC increased its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 17.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,999 shares of the semiconductor manufacturer’s stock after acquiring an additional 1,481 shares during the period. Certuity LLC’s holdings in Advanced Micro Devices were worth $1,208,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Creative Capital Management Investments LLC boosted its position in Advanced Micro Devices by 124.6% during the third quarter. Creative Capital Management Investments LLC now owns 155 shares of the semiconductor manufacturer’s stock worth $25,000 after purchasing an additional 86 shares in the last quarter. Global Wealth Strategies & Associates purchased a new position in Advanced Micro Devices during the fourth quarter worth approximately $26,000. Retirement Wealth Solutions LLC purchased a new position in Advanced Micro Devices during the fourth quarter worth approximately $32,000. Compass Financial Services Inc purchased a new position in Advanced Micro Devices during the fourth quarter worth approximately $39,000. Finally, FSA Wealth Management LLC purchased a new position in Advanced Micro Devices during the third quarter worth approximately $41,000. 71.34% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CEO Lisa T. Su sold 76,496 shares of the company’s stock in a transaction that occurred on 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 sale, the chief executive officer now owns 3,566,762 shares in the company, valued at $508,834,266.92. This represents a 2.10 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.73% of the stock is currently owned by insiders.

Advanced Micro Devices Stock Performance

Shares of AMD stock opened at $111.10 on Wednesday. The stock has a market capitalization of $180.04 billion, a PE ratio of 112.22, a price-to-earnings-growth ratio of 1.04 and a beta of 1.65. Advanced Micro Devices, Inc. has a 52-week low of $106.50 and a 52-week high of $227.30. The stock’s 50-day moving average price is $122.79 and its 200 day moving average price is $139.51. The company has a quick ratio of 1.78, a current ratio of 2.62 and a debt-to-equity ratio of 0.03.

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

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on AMD. Cantor Fitzgerald restated an “overweight” rating and issued a $180.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, October 30th. Susquehanna decreased their target price on Advanced Micro Devices from $165.00 to $150.00 and set a “positive” rating on the stock in a research report on Wednesday, February 5th. Melius Research restated a “hold” rating and issued a $129.00 target price (down previously from $160.00) on shares of Advanced Micro Devices in a research report on Tuesday, January 28th. KeyCorp decreased their target price on Advanced Micro Devices from $150.00 to $140.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 5th. Finally, Wedbush restated an “outperform” rating and issued a $150.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, February 5th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating, eighteen have assigned a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $158.70.

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.