Fielder Capital Group LLC Purchases Shares of 6,322 Advanced Micro Devices, Inc. (NASDAQ:AMD)

Fielder Capital Group LLC bought a new stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) during the 4th quarter, according to its most recent filing with the SEC. The fund bought 6,322 shares of the semiconductor manufacturer’s stock, valued at approximately $932,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Peoples Bank KS acquired a new stake in shares of Advanced Micro Devices during the third quarter worth approximately $26,000. Spartan Planning & Wealth Management bought a new position in Advanced Micro Devices in the 3rd quarter valued at $27,000. Bare Financial Services Inc acquired a new position in Advanced Micro Devices in the fourth quarter worth $29,000. MeadowBrook Investment Advisors LLC acquired a new position in Advanced Micro Devices during the 4th quarter worth about $29,000. Finally, Gables Capital Management Inc. acquired a new stake in Advanced Micro Devices in the 4th quarter valued at about $29,000. Institutional investors own 71.34% of the company’s stock.

Insider Buying and Selling at Advanced Micro Devices

In related news, EVP Mark D. Papermaster sold 16,200 shares of the company’s stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $177.57, for a total value of $2,876,634.00. Following the completion of the transaction, the executive vice president now directly owns 1,554,602 shares in the company, valued at $276,050,677.14. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, CAO Darla M. Smith sold 1,678 shares of Advanced Micro Devices stock in a transaction on Thursday, February 29th. The shares were sold at an average price of $188.66, for a total value of $316,571.48. Following the transaction, the chief accounting officer now owns 4,209 shares in the company, valued at approximately $794,069.94. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Mark D. Papermaster sold 16,200 shares of the business’s stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $177.57, for a total transaction of $2,876,634.00. Following the completion of the sale, the executive vice president now directly owns 1,554,602 shares of the company’s stock, valued at $276,050,677.14. The disclosure for this sale can be found here. Insiders sold a total of 181,850 shares of company stock worth $34,637,833 over the last three months. 0.65% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. The Goldman Sachs Group increased their target price on Advanced Micro Devices from $157.00 to $180.00 and gave the company a “buy” rating in a research note on Wednesday, January 31st. StockNews.com downgraded Advanced Micro Devices from a “hold” rating to a “sell” rating in a research note on Saturday. Cantor Fitzgerald dropped their target price on shares of Advanced Micro Devices from $190.00 to $170.00 and set an “overweight” rating on the stock in a report on Wednesday, May 1st. DZ Bank raised Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $190.00 price objective for the company in a research report on Tuesday. Finally, Piper Sandler reissued an “overweight” rating and issued a $175.00 price objective (down from $195.00) on shares of Advanced Micro Devices in a research report on Wednesday, May 1st. One research analyst has rated the stock with a sell rating, two have issued a hold rating and twenty-seven have given a buy rating to the company. Based on data from MarketBeat.com, Advanced Micro Devices presently has a consensus rating of “Moderate Buy” and an average target price of $183.94.

Advanced Micro Devices Stock Performance

Shares of AMD stock traded down $1.35 on Tuesday, hitting $154.43. 37,109,285 shares of the stock were exchanged, compared to its average volume of 71,251,742. The firm has a market capitalization of $249.61 billion, a PE ratio of 230.46, a P/E/G ratio of 2.33 and a beta of 1.66. Advanced Micro Devices, Inc. has a one year low of $89.17 and a one year high of $227.30. The company has a current ratio of 2.64, a quick ratio of 1.92 and a debt-to-equity ratio of 0.03. The firm’s 50 day moving average is $175.00 and its two-hundred day moving average is $152.86.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, April 30th. The semiconductor manufacturer reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.61 by $0.01. Advanced Micro Devices had a return on equity of 5.72% and a net margin of 4.89%. The business had revenue of $5.47 billion for the quarter, compared to analysts’ expectations of $5.48 billion. During the same quarter in the prior year, the firm posted $0.43 EPS. The firm’s quarterly revenue was up 2.2% on a year-over-year basis. Sell-side analysts expect that Advanced Micro Devices, Inc. will post 2.63 earnings per share for the current fiscal year.

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.