Silver Oak Securities Incorporated Has $1.06 Million Stock Holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Silver Oak Securities Incorporated reduced its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 20.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 8,638 shares of the semiconductor manufacturer’s stock after selling 2,197 shares during the quarter. Silver Oak Securities Incorporated’s holdings in Advanced Micro Devices were worth $1,058,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Private Wealth Management Group LLC raised its holdings in Advanced Micro Devices by 68.9% during the fourth quarter. Private Wealth Management Group LLC now owns 397 shares of the semiconductor manufacturer’s stock worth $48,000 after buying an additional 162 shares during the last quarter. Caitlin John LLC raised its holdings in shares of Advanced Micro Devices by 20.8% in the 4th quarter. Caitlin John LLC now owns 1,450 shares of the semiconductor manufacturer’s stock worth $175,000 after acquiring an additional 250 shares during the last quarter. Insight Advisors LLC PA lifted its position in Advanced Micro Devices by 6.7% in the 4th quarter. Insight Advisors LLC PA now owns 16,086 shares of the semiconductor manufacturer’s stock valued at $1,970,000 after acquiring an additional 1,016 shares in the last quarter. Vision Capital Management Inc. boosted its stake in Advanced Micro Devices by 15.0% during the 4th quarter. Vision Capital Management Inc. now owns 2,300 shares of the semiconductor manufacturer’s stock valued at $278,000 after purchasing an additional 300 shares during the last quarter. Finally, LCM Capital Management Inc increased its holdings in Advanced Micro Devices by 4.4% during the 4th quarter. LCM Capital Management Inc now owns 7,745 shares of the semiconductor manufacturer’s stock worth $936,000 after purchasing an additional 325 shares in the last quarter. Institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Stock Performance

NASDAQ:AMD opened at $110.16 on Friday. The business’s fifty day moving average is $124.53 and its 200 day moving average is $140.39. The firm has a market cap of $178.77 billion, a price-to-earnings ratio of 99.24, a PEG ratio of 1.03 and a beta of 1.65. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.78 and a current ratio of 2.50. 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 announced its quarterly earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $0.88 earnings per share for the quarter, missing the consensus estimate of $1.07 by ($0.19). Advanced Micro Devices had a net margin of 7.52% and a return on equity of 6.62%. Research analysts predict that Advanced Micro Devices, Inc. will post 2.54 EPS for the current year.

Insiders Place Their Bets

In other news, CEO Lisa T. Su sold 76,496 shares of the business’s stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $142.66, for a total transaction of $10,912,919.36. Following the completion of the transaction, the chief executive officer now owns 3,566,762 shares of the company’s stock, valued at approximately $508,834,266.92. The trade was a 2.10 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.73% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on AMD. Wolfe Research cut Advanced Micro Devices from an “outperform” rating to a “peer perform” rating in a research report on Thursday, January 16th. Stifel Nicolaus cut their price objective on shares of Advanced Micro Devices from $200.00 to $162.00 and set a “buy” rating on the stock in a report on Wednesday. The Goldman Sachs Group downgraded shares of Advanced Micro Devices from a “buy” rating to a “neutral” rating and lowered their target price for the company from $175.00 to $129.00 in a report on Friday, January 10th. Susquehanna cut their price target on shares of Advanced Micro Devices from $165.00 to $150.00 and set a “positive” rating on the stock in a report on Wednesday. Finally, Mizuho reduced their price objective on shares of Advanced Micro Devices from $160.00 to $140.00 and set an “outperform” rating for the company in a research report on Wednesday. Two research analysts have rated the stock with a sell rating, eight have given a hold rating, twenty have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $161.30.

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.