Boyd Watterson Asset Management LLC OH Sells 301 Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

Boyd Watterson Asset Management LLC OH reduced its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 9.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 2,770 shares of the semiconductor manufacturer’s stock after selling 301 shares during the period. Boyd Watterson Asset Management LLC OH’s holdings in Advanced Micro Devices were worth $335,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Jacobsen Capital Management boosted its stake in shares of Advanced Micro Devices by 2.1% during the third quarter. Jacobsen Capital Management now owns 3,378 shares of the semiconductor manufacturer’s stock valued at $554,000 after purchasing an additional 70 shares during the period. Sigma Investment Counselors Inc. boosted its position in Advanced Micro Devices by 5.3% in the 3rd quarter. Sigma Investment Counselors Inc. now owns 1,482 shares of the semiconductor manufacturer’s stock valued at $243,000 after buying an additional 74 shares during the period. Bedell Frazier Investment Counselling LLC grew its stake in Advanced Micro Devices by 4.3% in the 3rd quarter. Bedell Frazier Investment Counselling LLC now owns 1,780 shares of the semiconductor manufacturer’s stock worth $292,000 after acquiring an additional 74 shares in the last quarter. Rosenberg Matthew Hamilton increased its position in shares of Advanced Micro Devices by 3.9% during the third quarter. Rosenberg Matthew Hamilton now owns 1,992 shares of the semiconductor manufacturer’s stock worth $327,000 after acquiring an additional 75 shares during the period. Finally, NCM Capital Management LLC raised its stake in shares of Advanced Micro Devices by 0.9% during the third quarter. NCM Capital Management LLC now owns 8,654 shares of the semiconductor manufacturer’s stock valued at $1,420,000 after acquiring an additional 75 shares in the last quarter. 71.34% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Advanced Micro Devices news, CEO Lisa T. Su sold 76,496 shares of the company’s stock in a transaction dated 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 owns 3,566,762 shares in the company, valued at approximately $508,834,266.92. This represents a 2.10 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Philip Guido bought 4,645 shares of the company’s stock in a transaction dated Friday, February 7th. The shares were acquired at an average price of $107.56 per share, for a total transaction of $499,616.20. Following the completion of the transaction, the executive vice president now directly owns 33,522 shares in the company, valued at approximately $3,605,626.32. This trade represents a 16.09 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 0.73% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. Susquehanna dropped their price objective on Advanced Micro Devices from $165.00 to $150.00 and set a “positive” rating on the stock in a research note on Wednesday, February 5th. Piper Sandler dropped their price target on Advanced Micro Devices from $180.00 to $140.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 5th. Rosenblatt Securities restated a “buy” rating and issued a $250.00 price objective on shares of Advanced Micro Devices in a report on Tuesday, February 4th. UBS Group dropped their target price on shares of Advanced Micro Devices from $210.00 to $205.00 and set a “buy” rating on the stock in a report on Wednesday, October 30th. Finally, Mizuho reduced their price target on shares of Advanced Micro Devices from $160.00 to $140.00 and set an “outperform” rating for the company in a report on Wednesday, February 5th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating, eighteen have given a buy rating and three have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $158.70.

Advanced Micro Devices Stock Down 2.9 %

Shares of AMD stock opened at $110.84 on Friday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.83 and a current ratio of 2.62. Advanced Micro Devices, Inc. has a fifty-two week low of $106.50 and a fifty-two week high of $227.30. The stock’s 50-day simple moving average is $118.84 and its 200-day simple moving average is $137.94. The firm has a market capitalization of $179.61 billion, a PE ratio of 111.96, a P/E/G ratio of 1.15 and a beta of 1.65.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 EPS for the quarter, meeting the consensus estimate of $1.07. Advanced Micro Devices had a net margin of 6.36% and a return on equity of 7.42%. Equities analysts expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

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.