Vivid Wealth Management LLC Raises Stock Position in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Vivid Wealth Management LLC raised its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 10.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,517 shares of the semiconductor manufacturer’s stock after buying an additional 1,490 shares during the quarter. Vivid Wealth Management LLC’s holdings in Advanced Micro Devices were worth $1,874,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Creative Capital Management Investments LLC grew its holdings in shares of Advanced Micro Devices by 124.6% during the third quarter. Creative Capital Management Investments LLC now owns 155 shares of the semiconductor manufacturer’s stock worth $25,000 after buying an additional 86 shares in the last quarter. Global Wealth Strategies & Associates purchased a new stake in shares of Advanced Micro Devices in the fourth quarter valued at about $26,000. Retirement Wealth Solutions LLC purchased a new stake in shares of Advanced Micro Devices in the fourth quarter valued at about $32,000. Compass Financial Services Inc purchased a new stake in shares of Advanced Micro Devices in the fourth quarter valued at about $39,000. Finally, FSA Wealth Management LLC purchased a new stake in shares of Advanced Micro Devices in the third quarter valued at about $41,000. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Stock Up 1.2 %

AMD stock opened at $113.10 on Friday. The company’s 50 day moving average price is $120.94 and its 200 day moving average price is $138.93. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.78 and a current ratio of 2.62. Advanced Micro Devices, Inc. has a fifty-two week low of $106.50 and a fifty-two week high of $227.30. The firm has a market capitalization of $183.28 billion, a price-to-earnings ratio of 114.24, a PEG ratio of 1.04 and a beta of 1.65.

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, hitting analysts’ consensus estimates of $1.07. Advanced Micro Devices had a net margin of 6.36% and a return on equity of 7.42%. On average, equities research analysts anticipate that Advanced Micro Devices, Inc. will post 4.11 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on AMD shares. Wolfe Research lowered shares of Advanced Micro Devices from an “outperform” rating to a “peer perform” rating in a report on Thursday, January 16th. Melius cut shares of Advanced Micro Devices from a “buy” rating to a “hold” rating and decreased their target price for the company from $160.00 to $129.00 in a research report on Tuesday, January 28th. Wells Fargo & Company decreased their target price on shares of Advanced Micro Devices from $165.00 to $140.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 5th. Susquehanna decreased their target price on shares of Advanced Micro Devices from $165.00 to $150.00 and set a “positive” rating on the stock in a research report on Wednesday, February 5th. Finally, Loop Capital started coverage on shares of Advanced Micro Devices in a research report on Tuesday, January 14th. They issued a “buy” rating and a $175.00 target price on the stock. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, eighteen have given a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $158.70.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, CEO Lisa T. Su sold 76,496 shares of the stock in a transaction that occurred 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 directly owns 3,566,762 shares in the company, valued at $508,834,266.92. This represents a 2.10 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Philip Guido purchased 4,645 shares of the company’s stock in a transaction on Friday, February 7th. The stock was bought at an average price of $107.56 per share, for a total transaction of $499,616.20. Following the completion of the purchase, the executive vice president now directly owns 33,522 shares of the company’s stock, valued at $3,605,626.32. The trade was a 16.09 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.73% of the stock is currently owned by insiders.

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.