Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares Purchased by Jacobson & Schmitt Advisors LLC

Jacobson & Schmitt Advisors LLC boosted its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 9.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,300 shares of the semiconductor manufacturer’s stock after acquiring an additional 200 shares during the quarter. Jacobson & Schmitt Advisors LLC’s holdings in Advanced Micro Devices were worth $278,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Creative Capital Management Investments LLC increased its holdings 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 valued at $25,000 after purchasing an additional 86 shares in the last quarter. Global Wealth Strategies & Associates acquired a new position in Advanced Micro Devices during the fourth quarter worth about $26,000. Retirement Wealth Solutions LLC purchased a new position in Advanced Micro Devices in the fourth quarter valued at about $32,000. Compass Financial Services Inc acquired a new stake in shares of Advanced Micro Devices during the 4th quarter valued at approximately $39,000. Finally, FSA Wealth Management LLC acquired a new stake in shares of Advanced Micro Devices during the 3rd quarter valued at approximately $41,000. Institutional investors and hedge funds own 71.34% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on AMD shares. HSBC reaffirmed a “reduce” rating and set a $110.00 price objective (down from $200.00) on shares of Advanced Micro Devices in a report on Wednesday, January 8th. Stifel Nicolaus cut their price target on Advanced Micro Devices from $200.00 to $162.00 and set a “buy” rating for the company in a research note on Wednesday, February 5th. Citigroup lowered shares of Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 5th. Melius downgraded shares of Advanced Micro Devices from a “buy” rating to a “hold” rating and dropped their target price for the company from $160.00 to $129.00 in a report on Tuesday, January 28th. Finally, Bank of America reduced their price target on shares of Advanced Micro Devices from $155.00 to $135.00 and set a “neutral” rating on the stock in a report on Wednesday, February 5th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating, eighteen have assigned a buy rating and three have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $158.70.

Advanced Micro Devices Stock Up 0.4 %

Shares of NASDAQ AMD opened at $114.69 on Thursday. The stock has a market capitalization of $185.85 billion, a PE ratio of 115.85, a P/E/G ratio of 1.13 and a beta of 1.65. The company has a quick ratio of 1.83, a current ratio of 2.62 and a debt-to-equity ratio of 0.03. The firm has a fifty day moving average of $119.49 and a 200-day moving average of $138.27. Advanced Micro Devices, Inc. has a 52-week low of $106.50 and a 52-week high of $227.30.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.07. Advanced Micro Devices had a return on equity of 7.42% and a net margin of 6.36%. On average, analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Insider Transactions at Advanced Micro Devices

In related news, EVP Philip Guido acquired 4,645 shares of Advanced Micro Devices stock in a transaction on Friday, February 7th. The shares were 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 in the company, valued at $3,605,626.32. This trade represents a 16.09 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Lisa T. Su sold 76,496 shares of the stock in a transaction dated 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 completion of the sale, the chief executive officer now owns 3,566,762 shares of the company’s stock, valued at approximately $508,834,266.92. This trade represents a 2.10 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.73% of the company’s stock.

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.