Beaumont Financial Advisors LLC Acquires 87 Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

Beaumont Financial Advisors LLC boosted its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 1.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,839 shares of the semiconductor manufacturer’s stock after acquiring an additional 87 shares during the quarter. Beaumont Financial Advisors LLC’s holdings in Advanced Micro Devices were worth $713,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Knights of Columbus Asset Advisors LLC boosted its holdings in shares of Advanced Micro Devices by 2.2% in the fourth quarter. Knights of Columbus Asset Advisors LLC now owns 90,707 shares of the semiconductor manufacturer’s stock valued at $13,371,000 after purchasing an additional 1,992 shares during the period. Opes Wealth Management LLC grew its position in shares of Advanced Micro Devices by 4.3% during the 4th quarter. Opes Wealth Management LLC now owns 2,775 shares of the semiconductor manufacturer’s stock worth $409,000 after buying an additional 114 shares in the last quarter. Fidelis Capital Partners LLC increased its stake in shares of Advanced Micro Devices by 65.5% during the fourth quarter. Fidelis Capital Partners LLC now owns 5,365 shares of the semiconductor manufacturer’s stock valued at $791,000 after buying an additional 2,123 shares during the period. Western Wealth Management LLC raised its holdings in shares of Advanced Micro Devices by 3.3% in the fourth quarter. Western Wealth Management LLC now owns 18,551 shares of the semiconductor manufacturer’s stock valued at $2,735,000 after acquiring an additional 590 shares in the last quarter. Finally, Xponance Inc. lifted its stake in Advanced Micro Devices by 2.2% in the fourth quarter. Xponance Inc. now owns 306,309 shares of the semiconductor manufacturer’s stock worth $45,153,000 after acquiring an additional 6,701 shares during the period. Institutional investors own 71.34% of the company’s stock.

Wall Street Analyst Weigh In

AMD has been the topic of a number of recent research reports. Northland Securities upgraded shares of Advanced Micro Devices from a “market perform” rating to an “outperform” rating and set a $195.00 price objective on the stock in a research note on Wednesday, January 31st. Morgan Stanley raised their price target on Advanced Micro Devices from $128.00 to $193.00 and gave the stock an “overweight” rating in a report on Monday, January 29th. StockNews.com raised shares of Advanced Micro Devices from a “sell” rating to a “hold” rating in a research report on Thursday, February 29th. HSBC raised shares of Advanced Micro Devices from a “hold” rating to a “buy” rating and raised their price target for the stock from $180.00 to $225.00 in a report on Tuesday. Finally, Roth Mkm boosted their price objective on shares of Advanced Micro Devices from $125.00 to $190.00 and gave the company a “buy” rating in a report on Wednesday, January 31st. Four equities research analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $185.59.

Advanced Micro Devices Trading Down 5.4 %

NASDAQ:AMD opened at $146.64 on Friday. Advanced Micro Devices, Inc. has a 12-month low of $81.02 and a 12-month high of $227.30. The firm has a market cap of $236.99 billion, a PE ratio of 282.01, a price-to-earnings-growth ratio of 2.36 and a beta of 1.64. 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 stock has a fifty day moving average price of $179.64 and a 200 day moving average price of $148.58.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, January 30th. The semiconductor manufacturer reported $0.77 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.77. Advanced Micro Devices had a return on equity of 5.73% and a net margin of 3.77%. The business had revenue of $6.17 billion during the quarter, compared to analysts’ expectations of $6.13 billion. During the same quarter last year, the business posted $0.54 EPS. The business’s quarterly revenue was up 10.2% compared to the same quarter last year. Sell-side analysts anticipate that Advanced Micro Devices, Inc. will post 2.63 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Advanced Micro Devices news, insider Victor Peng sold 100,000 shares of the firm’s stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $175.11, for a total value of $17,511,000.00. Following the sale, the insider now directly owns 241,266 shares in the company, valued at $42,248,089.26. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, EVP Mark D. Papermaster sold 16,200 shares of the stock in a transaction on Monday, April 15th. The shares were sold at an average price of $164.25, for a total value of $2,660,850.00. Following the transaction, the executive vice president now directly owns 1,554,602 shares of the company’s stock, valued at approximately $255,343,378.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Victor Peng sold 100,000 shares of the business’s stock in a transaction dated Friday, February 2nd. The shares were sold at an average price of $175.11, for a total value of $17,511,000.00. Following the completion of the sale, the insider now directly owns 241,266 shares of the company’s stock, valued at $42,248,089.26. The disclosure for this sale can be found here. Insiders sold 341,143 shares of company stock worth $62,580,844 over the last 90 days. 0.73% of the stock is owned by insiders.

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.