1,650 Shares in Advanced Micro Devices, Inc. $AMD Purchased by Fulcrum Wealth Advisors LLC

Fulcrum Wealth Advisors LLC bought a new position in Advanced Micro Devices, Inc. (NASDAQ:AMDFree Report) during the fourth quarter, Holdings Channel reports. The firm bought 1,650 shares of the semiconductor manufacturer’s stock, valued at approximately $353,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Joseph Group Capital Management acquired a new stake in shares of Advanced Micro Devices in the 4th quarter worth about $25,000. ORG Wealth Partners LLC grew its position in Advanced Micro Devices by 39.7% in the 3rd quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer’s stock worth $26,000 after purchasing an additional 46 shares in the last quarter. Koesten Hirschmann & Crabtree INC. grew its position in Advanced Micro Devices by 61.0% in the 3rd quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer’s stock worth $26,000 after purchasing an additional 61 shares in the last quarter. Aviso Financial Inc. grew its position in Advanced Micro Devices by 400.0% in the 3rd quarter. Aviso Financial Inc. now owns 200 shares of the semiconductor manufacturer’s stock worth $32,000 after purchasing an additional 160 shares in the last quarter. Finally, Delos Wealth Advisors LLC grew its position in Advanced Micro Devices by 100.0% in the 3rd quarter. Delos Wealth Advisors LLC now owns 200 shares of the semiconductor manufacturer’s stock worth $32,000 after purchasing an additional 100 shares in the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Insider Activity at Advanced Micro Devices

In other news, EVP Forrest Eugene Norrod sold 19,450 shares of the stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $216.81, for a total transaction of $4,216,954.50. Following the completion of the transaction, the executive vice president directly owned 289,098 shares of the company’s stock, valued at $62,679,337.38. This represents a 6.30% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Lisa T. Su sold 125,000 shares of the stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $214.36, for a total transaction of $26,795,000.00. Following the transaction, the chief executive officer directly owned 3,152,476 shares of the company’s stock, valued at $675,764,755.36. This represents a 3.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 304,672 shares of company stock valued at $70,135,070 over the last quarter. 0.50% of the stock is currently owned by insiders.

Key Advanced Micro Devices News

Here are the key news stories impacting Advanced Micro Devices this week:

Analyst Ratings Changes

A number of equities research analysts have issued reports on AMD shares. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Advanced Micro Devices in a research report on Monday, February 2nd. Phillip Securities raised shares of Advanced Micro Devices from a “moderate buy” rating to a “strong-buy” rating in a research report on Sunday, February 8th. Erste Group Bank raised shares of Advanced Micro Devices from a “hold” rating to a “buy” rating in a research report on Thursday, April 2nd. DA Davidson raised shares of Advanced Micro Devices from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $220.00 to $375.00 in a research report on Friday, April 24th. Finally, Wall Street Zen raised shares of Advanced Micro Devices from a “hold” rating to a “buy” rating in a research report on Monday, January 26th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Advanced Micro Devices has a consensus rating of “Moderate Buy” and an average target price of $303.84.

Get Our Latest Report on AMD

Advanced Micro Devices Stock Down 5.3%

Advanced Micro Devices stock opened at $341.54 on Tuesday. Advanced Micro Devices, Inc. has a twelve month low of $96.88 and a twelve month high of $362.79. The firm has a 50 day moving average price of $232.51 and a 200-day moving average price of $228.39. The company has a market capitalization of $556.83 billion, a P/E ratio of 128.88, a P/E/G ratio of 1.30 and a beta of 2.40. The company has a quick ratio of 2.01, a current ratio of 2.85 and a debt-to-equity ratio of 0.04.

Advanced Micro Devices (NASDAQ:AMDGet Free Report) last released its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share for the quarter, beating analysts’ consensus estimates of $1.32 by $0.21. Advanced Micro Devices had a net margin of 12.52% and a return on equity of 8.84%. The firm had revenue of $10.27 billion during the quarter, compared to the consensus estimate of $9.65 billion. During the same period in the prior year, the firm earned $1.09 EPS. The company’s revenue was up 34.1% compared to the same quarter last year. As a group, equities analysts predict that Advanced Micro Devices, Inc. will post 5.82 EPS for the current year.

Advanced Micro Devices Profile

(Free Report)

Advanced Micro Devices, Inc (NASDAQ: AMD) is a global semiconductor company that designs and sells microprocessors, graphics processors, chipsets and adaptive computing solutions for a broad set of markets. The company’s product portfolio includes consumer and commercial CPUs under the Ryzen and Threadripper brands, data center processors under the EPYC brand, and Radeon graphics processing units for gaming and professional visualization. AMD also offers semi-custom system-on-chip (SoC) products for gaming consoles and other specialized applications, and provides supporting software and platform technologies for OEMs, cloud service providers and end users.

Founded in 1969, AMD has evolved from a supplier of logic chips into a diversified, fabless semiconductor designer.

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Institutional Ownership by Quarter for Advanced Micro Devices (NASDAQ:AMD)

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