Nvwm LLC Sells 1,200 Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

Nvwm LLC decreased its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 5.2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 22,015 shares of the semiconductor manufacturer’s stock after selling 1,200 shares during the period. Nvwm LLC’s holdings in Advanced Micro Devices were worth $2,659,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Creative Capital Management Investments LLC raised its position in shares of Advanced Micro Devices by 124.6% during the 3rd quarter. Creative Capital Management Investments LLC now owns 155 shares of the semiconductor manufacturer’s stock valued at $25,000 after purchasing an additional 86 shares during the period. Global Wealth Strategies & Associates bought a new stake in Advanced Micro Devices during the 4th quarter valued at approximately $26,000. FSA Wealth Management LLC purchased a new position in Advanced Micro Devices in the 3rd quarter worth approximately $41,000. Coston McIsaac & Partners boosted its stake in Advanced Micro Devices by 319.4% in the 3rd quarter. Coston McIsaac & Partners now owns 260 shares of the semiconductor manufacturer’s stock worth $42,000 after purchasing an additional 198 shares during the period. Finally, Retirement Wealth Solutions LLC bought a new stake in shares of Advanced Micro Devices during the fourth quarter valued at approximately $32,000. Institutional investors own 71.34% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on the stock. Melius Research reissued a “hold” rating and set a $129.00 price objective (down previously from $160.00) on shares of Advanced Micro Devices in a report on Tuesday, January 28th. The Goldman Sachs Group downgraded Advanced Micro Devices from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $175.00 to $129.00 in a research note on Friday, January 10th. Cantor Fitzgerald reiterated an “overweight” rating and set a $180.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, October 30th. StockNews.com downgraded shares of Advanced Micro Devices from a “hold” rating to a “sell” rating in a research note on Tuesday, January 14th. Finally, Wells Fargo & Company lowered their price objective on shares of Advanced Micro Devices from $205.00 to $165.00 and set an “overweight” rating for the company in a research report on Monday, January 13th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating, nineteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $168.19.

Advanced Micro Devices Price Performance

NASDAQ AMD opened at $119.50 on Wednesday. The firm’s fifty day simple moving average is $125.02 and its two-hundred day simple moving average is $140.59. The firm has a market capitalization of $193.93 billion, a P/E ratio of 107.66, a P/E/G ratio of 1.03 and a beta of 1.66. The company has a current ratio of 2.50, a quick ratio of 1.78 and a debt-to-equity ratio of 0.03. Advanced Micro Devices, Inc. has a 12-month low of $112.80 and a 12-month high of $227.30.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, February 4th. The semiconductor manufacturer reported $0.88 EPS for the quarter, missing the consensus estimate of $1.07 by ($0.19). Advanced Micro Devices had a net margin of 7.52% and a return on equity of 6.62%. Analysts forecast that Advanced Micro Devices, Inc. will post 2.54 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Lisa T. Su sold 76,496 shares of Advanced Micro Devices stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $142.66, for a total value of $10,912,919.36. Following the sale, the chief executive officer now directly owns 3,566,762 shares in the company, valued at approximately $508,834,266.92. The trade was a 2.10 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.65% of the stock is owned by insiders.

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.