D Orazio & Associates Inc. Lowers Holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD)

D Orazio & Associates Inc. lowered its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 13.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,221 shares of the semiconductor manufacturer’s stock after selling 355 shares during the quarter. D Orazio & Associates Inc.’s holdings in Advanced Micro Devices were worth $268,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of AMD. Marcum Wealth LLC lifted its position in Advanced Micro Devices by 9.8% in the third quarter. Marcum Wealth LLC now owns 3,444 shares of the semiconductor manufacturer’s stock valued at $565,000 after buying an additional 307 shares during the last quarter. Cypress Wealth Services LLC purchased a new stake in shares of Advanced Micro Devices in the 3rd quarter valued at approximately $210,000. UMB Bank n.a. raised its stake in shares of Advanced Micro Devices by 3.2% in the 3rd quarter. UMB Bank n.a. now owns 15,874 shares of the semiconductor manufacturer’s stock valued at $2,605,000 after acquiring an additional 490 shares during the period. Pinnacle Bancorp Inc. lifted its holdings in shares of Advanced Micro Devices by 27.1% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 745 shares of the semiconductor manufacturer’s stock worth $122,000 after acquiring an additional 159 shares during the last quarter. Finally, Private Advisory Group LLC boosted its position in shares of Advanced Micro Devices by 25.9% during the 3rd quarter. Private Advisory Group LLC now owns 72,289 shares of the semiconductor manufacturer’s stock worth $11,861,000 after purchasing an additional 14,854 shares during the period. Institutional investors and hedge funds own 71.34% of the company’s stock.

Insider Activity at Advanced Micro Devices

In related news, CEO Lisa T. Su sold 76,496 shares of the business’s 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 transaction, the chief executive officer now owns 3,566,762 shares in the company, valued at $508,834,266.92. The trade was a 2.10 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.65% of the stock is owned by insiders.

Advanced Micro Devices Stock Down 2.4 %

AMD opened at $107.56 on Friday. The stock has a market capitalization of $174.55 billion, a P/E ratio of 96.90, a price-to-earnings-growth ratio of 1.03 and a beta of 1.66. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.78 and a current ratio of 2.50. Advanced Micro Devices, Inc. has a one year low of $106.50 and a one year high of $227.30. The business’s 50-day simple moving average is $124.01 and its 200-day simple moving average is $140.18.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, February 4th. The semiconductor manufacturer reported $0.88 earnings per share for the quarter, missing analysts’ consensus estimates 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 anticipate that Advanced Micro Devices, Inc. will post 2.54 EPS for the current year.

Analysts Set New Price Targets

A number of research firms have commented on AMD. Cantor Fitzgerald restated an “overweight” rating and set a $180.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, October 30th. Melius Research reissued a “hold” rating and set a $129.00 target price (down previously from $160.00) on shares of Advanced Micro Devices in a research note on Tuesday, January 28th. Summit Insights raised Advanced Micro Devices to a “hold” rating in a research report on Tuesday. Melius cut shares of Advanced Micro Devices from a “buy” rating to a “hold” rating and reduced their price target for the stock from $160.00 to $129.00 in a research report on Tuesday, January 28th. Finally, Wells Fargo & Company dropped their price objective on shares of Advanced Micro Devices from $165.00 to $140.00 and set an “overweight” rating for the company in a report on Wednesday. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating, eighteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $158.70.

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.