KRS Capital Management LLC trimmed its position in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 0.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 37,092 shares of the semiconductor manufacturer’s stock after selling 122 shares during the quarter. Advanced Micro Devices makes up 3.2% of KRS Capital Management LLC’s holdings, making the stock its 3rd largest position. KRS Capital Management LLC’s holdings in Advanced Micro Devices were worth $4,480,000 at the end of the most recent reporting period.
Several other large investors have also recently bought and sold shares of the stock. Bradley Foster & Sargent Inc. CT raised its stake in Advanced Micro Devices by 2.1% during the second quarter. Bradley Foster & Sargent Inc. CT now owns 6,729 shares of the semiconductor manufacturer’s stock worth $1,092,000 after buying an additional 141 shares during the last quarter. Richardson Financial Services Inc. boosted its stake in Advanced Micro Devices by 45.1% in the second quarter. Richardson Financial Services Inc. now owns 515 shares of the semiconductor manufacturer’s stock valued at $84,000 after acquiring an additional 160 shares during the last quarter. ProVise Management Group LLC purchased a new position in Advanced Micro Devices in the second quarter valued at about $399,000. Brighton Jones LLC raised its position in shares of Advanced Micro Devices by 18.5% in the second quarter. Brighton Jones LLC now owns 28,265 shares of the semiconductor manufacturer’s stock valued at $4,585,000 after purchasing an additional 4,404 shares during the period. Finally, Ieq Capital LLC increased its holdings in Advanced Micro Devices by 10.8% during the 2nd quarter. Ieq Capital LLC now owns 96,038 shares of the semiconductor manufacturer’s stock worth $15,578,000 after acquiring an additional 9,363 shares during the period. 71.34% of the stock is owned by institutional investors.
Insider Buying and Selling at Advanced Micro Devices
In other news, CEO Lisa T. Su sold 80,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $143.87, for a total value of $11,509,600.00. Following the transaction, the chief executive officer now owns 3,566,762 shares of the company’s stock, valued at approximately $513,150,048.94. The trade was a 2.19 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Forrest Eugene Norrod sold 40,540 shares of the business’s stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $141.67, for a total value of $5,743,301.80. Following the sale, the executive vice president now owns 293,347 shares in the company, valued at approximately $41,558,469.49. The trade was a 12.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 197,036 shares of company stock worth $28,165,821. Corporate insiders own 0.65% of the company’s stock.
Wall Street Analyst Weigh In
Check Out Our Latest Analysis on Advanced Micro Devices
Advanced Micro Devices Price Performance
NASDAQ:AMD traded up $3.02 during trading hours on Friday, hitting $121.46. 35,556,654 shares of the stock traded hands, compared to its average volume of 34,940,360. The company has a quick ratio of 1.78, a current ratio of 2.50 and a debt-to-equity ratio of 0.03. Advanced Micro Devices, Inc. has a 1 year low of $114.41 and a 1 year high of $227.30. The stock has a 50 day moving average price of $130.47 and a 200 day moving average price of $145.58. The company has a market cap of $197.11 billion, a price-to-earnings ratio of 109.42, a price-to-earnings-growth ratio of 1.03 and a beta of 1.66.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last issued its earnings results on Tuesday, October 29th. The semiconductor manufacturer reported $0.92 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.92. Advanced Micro Devices had a net margin of 7.52% and a return on equity of 6.62%. The firm had revenue of $6.82 billion during the quarter, compared to analyst estimates of $6.71 billion. During the same period in the previous year, the firm earned $0.53 earnings per share. The business’s revenue was up 17.6% on a year-over-year basis. Sell-side analysts forecast that Advanced Micro Devices, Inc. will post 2.54 EPS for the current fiscal year.
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.
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