Oakwell Private Wealth Management LLC Has $863,000 Stake in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Oakwell Private Wealth Management LLC grew its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 2.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,858 shares of the semiconductor manufacturer’s stock after purchasing an additional 155 shares during the period. Oakwell Private Wealth Management LLC’s holdings in Advanced Micro Devices were worth $863,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of AMD. Peoples Bank KS acquired a new stake in shares of Advanced Micro Devices during the 3rd quarter valued at about $26,000. Spartan Planning & Wealth Management acquired a new stake in shares of Advanced Micro Devices during the 3rd quarter valued at about $27,000. Gables Capital Management Inc. acquired a new stake in shares of Advanced Micro Devices during the 4th quarter valued at about $29,000. Kathleen S. Wright Associates Inc. acquired a new stake in shares of Advanced Micro Devices during the 4th quarter valued at about $30,000. Finally, Addison Advisors LLC boosted its position in shares of Advanced Micro Devices by 41.9% during the 4th quarter. Addison Advisors LLC now owns 210 shares of the semiconductor manufacturer’s stock valued at $31,000 after acquiring an additional 62 shares in the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Mizuho decreased their target price on shares of Advanced Micro Devices from $235.00 to $215.00 and set a “buy” rating on the stock in a research report on Wednesday. Raymond James downgraded Advanced Micro Devices from a “strong-buy” rating to an “outperform” rating and boosted their target price for the stock from $190.00 to $195.00 in a report on Tuesday, January 30th. StockNews.com downgraded Advanced Micro Devices from a “hold” rating to a “sell” rating in a report on Thursday, April 25th. Melius raised Advanced Micro Devices from a “hold” rating to a “buy” rating in a report on Monday, January 8th. Finally, Barclays upped their price objective on Advanced Micro Devices from $200.00 to $235.00 and gave the stock an “overweight” rating in a report on Monday, March 4th. One research analyst has rated the stock with a sell rating, three have given a hold rating and twenty-seven have assigned a buy rating to the company. According to data from MarketBeat.com, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and an average target price of $183.97.

Advanced Micro Devices Stock Performance

Shares of NASDAQ:AMD traded down $14.63 during trading on Wednesday, reaching $143.75. 39,142,312 shares of the stock were exchanged, compared to its average volume of 71,842,500. The company has a current ratio of 2.51, a quick ratio of 1.86 and a debt-to-equity ratio of 0.03. Advanced Micro Devices, Inc. has a 12 month low of $81.02 and a 12 month high of $227.30. The stock has a 50-day moving average price of $177.04 and a 200-day moving average price of $151.59. The firm has a market cap of $232.32 billion, a PE ratio of 277.14, a PEG ratio of 2.44 and a beta of 1.64.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings results on Tuesday, April 30th. The semiconductor manufacturer reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.01. Advanced Micro Devices had a net margin of 3.77% and a return on equity of 5.73%. The company had revenue of $5.47 billion during the quarter, compared to the consensus estimate of $5.48 billion. During the same period in the previous year, the business earned $0.43 earnings per share. The firm’s quarterly revenue was up 2.2% on a year-over-year basis. Research analysts expect that Advanced Micro Devices, Inc. will post 2.64 EPS for the current fiscal year.

Insider Activity

In other news, insider Victor Peng sold 100,000 shares of Advanced Micro Devices stock in a transaction that occurred on 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 in the company, valued at $42,248,089.26. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other Advanced Micro Devices news, insider Victor Peng sold 100,000 shares of the business’s stock in a transaction that occurred on Friday, February 2nd. The shares were sold at an average price of $175.11, for a total transaction of $17,511,000.00. Following the completion of the transaction, the insider now directly owns 241,266 shares in the company, valued at $42,248,089.26. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Lisa T. Su sold 125,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $195.13, for a total transaction of $24,391,250.00. Following the transaction, the chief executive officer now owns 3,222,230 shares of the company’s stock, valued at $628,753,739.90. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 341,143 shares of company stock worth $62,580,844. Corporate insiders own 0.65% of the company’s stock.

About Advanced Micro Devices

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.