SS&H Financial Advisors Inc. Buys 4,000 Shares of Advanced Micro Devices, Inc. $AMD

SS&H Financial Advisors Inc. raised its stake in Advanced Micro Devices, Inc. (NASDAQ:AMDFree Report) by 112.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,550 shares of the semiconductor manufacturer’s stock after buying an additional 4,000 shares during the quarter. SS&H Financial Advisors Inc.’s holdings in Advanced Micro Devices were worth $1,617,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in AMD. Stratos Wealth Partners LTD. raised its position in shares of Advanced Micro Devices by 25.1% in the 4th quarter. Stratos Wealth Partners LTD. now owns 64,554 shares of the semiconductor manufacturer’s stock valued at $13,825,000 after acquiring an additional 12,932 shares during the period. Stratos Investment Management LLC grew its holdings in Advanced Micro Devices by 51.4% during the fourth quarter. Stratos Investment Management LLC now owns 5,713 shares of the semiconductor manufacturer’s stock valued at $1,223,000 after purchasing an additional 1,940 shares during the period. Perpetual Ltd grew its holdings in Advanced Micro Devices by 44.1% during the fourth quarter. Perpetual Ltd now owns 9,975 shares of the semiconductor manufacturer’s stock valued at $2,136,000 after purchasing an additional 3,051 shares during the period. Arvest Investments Inc. increased its stake in Advanced Micro Devices by 59.2% in the fourth quarter. Arvest Investments Inc. now owns 2,820 shares of the semiconductor manufacturer’s stock valued at $604,000 after purchasing an additional 1,049 shares in the last quarter. Finally, NTV Asset Management LLC increased its stake in Advanced Micro Devices by 0.8% in the fourth quarter. NTV Asset Management LLC now owns 8,489 shares of the semiconductor manufacturer’s stock valued at $1,818,000 after purchasing an additional 66 shares in the last quarter. Institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Price Performance

Shares of AMD stock opened at $217.50 on Friday. Advanced Micro Devices, Inc. has a 12-month low of $76.48 and a 12-month high of $267.08. The company has a quick ratio of 2.01, a current ratio of 2.85 and a debt-to-equity ratio of 0.04. The firm has a fifty day moving average of $209.87 and a 200-day moving average of $214.49. The company has a market capitalization of $354.60 billion, a price-to-earnings ratio of 82.08, a P/E/G ratio of 0.82 and a beta of 1.96.

Advanced Micro Devices (NASDAQ:AMDGet Free Report) last posted its quarterly earnings data on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 EPS for the quarter, beating the consensus estimate of $1.32 by $0.21. The business had revenue of $10.27 billion for the quarter, compared to analysts’ expectations of $9.65 billion. Advanced Micro Devices had a net margin of 12.52% and a return on equity of 8.84%. The firm’s revenue was up 34.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.09 EPS. As a group, equities research analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Insider Transactions at Advanced Micro Devices

In other news, EVP Forrest Eugene Norrod sold 19,450 shares of the business’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $216.81, for a total value of $4,216,954.50. Following the sale, the executive vice president directly owned 289,098 shares in the company, valued at $62,679,337.38. The trade was a 6.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Lisa T. Su sold 85,000 shares of the company’s stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $198.77, for a total value of $16,895,450.00. Following the transaction, the chief executive officer directly owned 3,146,006 shares of the company’s stock, valued at $625,331,612.62. This represents a 2.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 239,392 shares of company stock worth $50,016,383. Company insiders own 0.06% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on AMD shares. Piper Sandler reissued an “overweight” rating on shares of Advanced Micro Devices in a research report on Wednesday, February 25th. Truist Financial set a $283.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, February 4th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Advanced Micro Devices in a research note on Monday, December 29th. Roth Mkm reiterated a “buy” rating on shares of Advanced Micro Devices in a report on Tuesday, February 24th. Finally, Morgan Stanley decreased their target price on Advanced Micro Devices from $260.00 to $255.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $290.53.

View Our Latest Analysis on AMD

Advanced Micro Devices News Summary

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Advanced Micro Devices Profile

(Free Report)

Advanced Micro Devices, Inc (NASDAQ: AMD) is a global semiconductor company that designs and sells microprocessors, graphics processors, chipsets and adaptive computing solutions for a broad set of markets. The company’s product portfolio includes consumer and commercial CPUs under the Ryzen and Threadripper brands, data center processors under the EPYC brand, and Radeon graphics processing units for gaming and professional visualization. AMD also offers semi-custom system-on-chip (SoC) products for gaming consoles and other specialized applications, and provides supporting software and platform technologies for OEMs, cloud service providers and end users.

Founded in 1969, AMD has evolved from a supplier of logic chips into a diversified, fabless semiconductor designer.

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Institutional Ownership by Quarter for Advanced Micro Devices (NASDAQ:AMD)

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