Win Advisors Inc. Purchases Shares of 2,017 Advanced Micro Devices, Inc. (NASDAQ:AMD)

Win Advisors Inc. purchased a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 2,017 shares of the semiconductor manufacturer’s stock, valued at approximately $297,000.

A number of other hedge funds have also recently made changes to their positions in the business. Oakwell Private Wealth Management LLC grew its holdings in shares of Advanced Micro Devices by 2.7% during the fourth quarter. Oakwell Private Wealth Management LLC now owns 5,858 shares of the semiconductor manufacturer’s stock valued at $863,000 after buying an additional 155 shares during the last quarter. Brandywine Oak Private Wealth LLC grew its holdings in shares of Advanced Micro Devices by 13.9% during the fourth quarter. Brandywine Oak Private Wealth LLC now owns 3,640 shares of the semiconductor manufacturer’s stock valued at $537,000 after buying an additional 445 shares during the last quarter. Sequent Asset Management LLC acquired a new position in shares of Advanced Micro Devices during the fourth quarter valued at about $249,000. LCM Capital Management Inc grew its holdings in shares of Advanced Micro Devices by 3.6% during the fourth quarter. LCM Capital Management Inc now owns 6,640 shares of the semiconductor manufacturer’s stock valued at $979,000 after buying an additional 230 shares during the last quarter. Finally, Thompson Davis & CO. Inc. grew its holdings in shares of Advanced Micro Devices by 14.1% during the fourth quarter. Thompson Davis & CO. Inc. now owns 26,071 shares of the semiconductor manufacturer’s stock valued at $3,843,000 after buying an additional 3,226 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Advanced Micro Devices Price Performance

Shares of NASDAQ:AMD traded down $14.17 during trading on Wednesday, reaching $144.21. The company had a trading volume of 40,859,451 shares, compared to its average volume of 71,842,500. The company has a fifty day moving average of $177.04 and a two-hundred day moving average of $151.59. The stock has a market capitalization of $233.06 billion, a P/E ratio of 277.14, a price-to-earnings-growth ratio of 2.44 and a beta of 1.64. Advanced Micro Devices, Inc. has a 12 month low of $81.02 and a 12 month high of $227.30. 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 (NASDAQ:AMD) last issued its quarterly earnings results on Tuesday, April 30th. The semiconductor manufacturer reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.01. The firm had revenue of $5.47 billion for the quarter, compared to analyst estimates of $5.48 billion. Advanced Micro Devices had a net margin of 3.77% and a return on equity of 5.73%. The business’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.43 EPS. Equities research analysts forecast that Advanced Micro Devices, Inc. will post 2.64 earnings per share for the current year.

Insider Activity

In other Advanced Micro Devices news, CAO Darla M. Smith sold 1,678 shares of the stock in a transaction on Thursday, February 29th. The shares were sold at an average price of $188.66, for a total transaction of $316,571.48. Following the completion of the sale, the chief accounting officer now owns 4,209 shares of the company’s stock, valued at approximately $794,069.94. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other Advanced Micro Devices news, CAO Darla M. Smith sold 1,678 shares of the stock in a transaction on Thursday, February 29th. The shares were sold at an average price of $188.66, for a total transaction of $316,571.48. Following the completion of the sale, the chief accounting officer now owns 4,209 shares of the company’s stock, valued at approximately $794,069.94. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Victor Peng sold 100,000 shares of the company’s stock in a transaction on Friday, February 2nd. The stock was 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 owns 241,266 shares of the company’s stock, valued at $42,248,089.26. The disclosure for this sale can be found here. In the last 90 days, insiders sold 341,143 shares of company stock valued at $62,580,844. Corporate insiders own 0.65% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on AMD. Mizuho reduced their price objective on shares of Advanced Micro Devices from $235.00 to $215.00 and set a “buy” rating for the company in a report on Wednesday. Truist Financial cut their price target on shares of Advanced Micro Devices from $174.00 to $162.00 and set a “hold” rating on the stock in a report on Wednesday. Raymond James cut shares of Advanced Micro Devices from a “strong-buy” rating to an “outperform” rating and boosted their price target for the stock from $190.00 to $195.00 in a report on Tuesday, January 30th. TD Cowen boosted their price target on shares of Advanced Micro Devices from $185.00 to $200.00 and gave the stock a “buy” rating in a report on Thursday, April 18th. Finally, Cantor Fitzgerald cut their price target on shares of Advanced Micro Devices from $190.00 to $170.00 and set an “overweight” rating on the stock in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-seven have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $183.97.

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.