Values First Advisors Inc. Purchases New Holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Values First Advisors Inc. acquired a new position in Advanced Micro Devices, Inc. (NASDAQ:AMD) during the fourth quarter, HoldingsChannel reports. The institutional investor acquired 489 shares of the semiconductor manufacturer’s stock, valued at approximately $59,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Creative Capital Management Investments LLC raised its position in shares of Advanced Micro Devices by 124.6% in the 3rd quarter. Creative Capital Management Investments LLC now owns 155 shares of the semiconductor manufacturer’s stock worth $25,000 after purchasing an additional 86 shares during the last quarter. Global Wealth Strategies & Associates bought a new stake in Advanced Micro Devices during the 4th quarter valued at about $26,000. FSA Wealth Management LLC purchased a new position in Advanced Micro Devices in the third quarter worth about $41,000. Coston McIsaac & Partners lifted its stake in shares of Advanced Micro Devices by 319.4% in the third quarter. Coston McIsaac & Partners now owns 260 shares of the semiconductor manufacturer’s stock worth $42,000 after buying an additional 198 shares in the last quarter. Finally, Retirement Wealth Solutions LLC bought a new position in shares of Advanced Micro Devices in the fourth quarter worth approximately $32,000. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Price Performance

Shares of NASDAQ:AMD opened at $111.72 on Thursday. The firm’s 50 day simple moving average is $122.17 and its two-hundred day simple moving average is $139.31. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.62 and a quick ratio of 1.78. The company has a market capitalization of $181.04 billion, a P/E ratio of 112.85, a P/E/G ratio of 1.04 and a beta of 1.65. Advanced Micro Devices, Inc. has a 1-year low of $106.50 and a 1-year high of $227.30.

Advanced Micro Devices (NASDAQ:AMD) last released its earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.07. Advanced Micro Devices had a net margin of 6.36% and a return on equity of 7.42%. Research analysts expect that Advanced Micro Devices, Inc. will post 4.11 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Melius downgraded shares of Advanced Micro Devices from a “buy” rating to a “hold” rating and reduced their price target for the company from $160.00 to $129.00 in a research report on Tuesday, January 28th. The Goldman Sachs Group lowered Advanced Micro Devices from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $175.00 to $129.00 in a report on Friday, January 10th. DZ Bank downgraded Advanced Micro Devices from a “buy” rating to a “hold” rating and set a $120.00 price target on the stock. in a report on Friday, February 7th. Wolfe Research cut Advanced Micro Devices from an “outperform” rating to a “peer perform” rating in a research report on Thursday, January 16th. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $250.00 target price on shares of Advanced Micro Devices in a research report on Tuesday, February 4th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, eighteen have issued a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $158.70.

Insider Activity

In other news, CEO Lisa T. Su sold 76,496 shares of the business’s stock in a transaction on Wednesday, December 4th. The shares were 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 of the company’s stock, valued at approximately $508,834,266.92. The trade was a 2.10 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Philip Guido bought 4,645 shares of the company’s stock in a transaction that occurred on Friday, February 7th. The shares were bought at an average price of $107.56 per share, with a total value of $499,616.20. Following the transaction, the executive vice president now owns 33,522 shares of the company’s stock, valued at $3,605,626.32. The trade was a 16.09 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 0.73% of the company’s stock.

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.