Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares Sold by New York State Common Retirement Fund

New York State Common Retirement Fund lessened its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 9.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,193,812 shares of the semiconductor manufacturer’s stock after selling 223,833 shares during the quarter. New York State Common Retirement Fund’s holdings in Advanced Micro Devices were worth $264,991,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Jacobsen Capital Management boosted its position in Advanced Micro Devices by 2.1% during the 3rd quarter. Jacobsen Capital Management now owns 3,378 shares of the semiconductor manufacturer’s stock valued at $554,000 after purchasing an additional 70 shares during the period. Sigma Investment Counselors Inc. increased its holdings in shares of Advanced Micro Devices by 5.3% in the 3rd quarter. Sigma Investment Counselors Inc. now owns 1,482 shares of the semiconductor manufacturer’s stock worth $243,000 after acquiring an additional 74 shares during the period. Bedell Frazier Investment Counselling LLC lifted its position in Advanced Micro Devices by 4.3% in the 3rd quarter. Bedell Frazier Investment Counselling LLC now owns 1,780 shares of the semiconductor manufacturer’s stock valued at $292,000 after purchasing an additional 74 shares during the last quarter. TFG Advisers LLC boosted its stake in Advanced Micro Devices by 1.6% during the 3rd quarter. TFG Advisers LLC now owns 4,649 shares of the semiconductor manufacturer’s stock valued at $763,000 after purchasing an additional 75 shares during the period. Finally, Rosenberg Matthew Hamilton increased its stake in shares of Advanced Micro Devices by 3.9% in the third quarter. Rosenberg Matthew Hamilton now owns 1,992 shares of the semiconductor manufacturer’s stock valued at $327,000 after purchasing an additional 75 shares during the period. 71.34% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, CEO Lisa T. Su sold 76,496 shares of the business’s stock in a transaction that occurred on 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 directly owns 3,566,762 shares of the company’s stock, valued at $508,834,266.92. The trade was a 2.10 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Philip Guido purchased 4,645 shares of the business’s stock in a transaction dated Friday, February 7th. The shares were acquired at an average price of $107.56 per share, for a total transaction of $499,616.20. Following the acquisition, the executive vice president now directly owns 33,522 shares in the company, valued at $3,605,626.32. This represents a 16.09 % increase in their position. The disclosure for this purchase can be found here. 0.73% of the stock is currently owned by company insiders.

Advanced Micro Devices Trading Up 1.0 %

NASDAQ:AMD opened at $114.28 on Wednesday. The stock has a market cap of $185.19 billion, a PE ratio of 115.44, a price-to-earnings-growth ratio of 1.04 and a beta of 1.65. Advanced Micro Devices, Inc. has a fifty-two week low of $106.50 and a fifty-two week high of $227.30. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.62 and a quick ratio of 1.78. The stock’s 50-day moving average is $119.80 and its two-hundred day moving average is $138.44.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 EPS for the quarter, meeting analysts’ consensus estimates of $1.07. Advanced Micro Devices had a net margin of 6.36% and a return on equity of 7.42%. As a group, equities research analysts forecast that Advanced Micro Devices, Inc. will post 4.11 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

AMD has been the subject of several analyst reports. UBS Group reduced their price objective on Advanced Micro Devices from $210.00 to $205.00 and set a “buy” rating for the company in a research report on Wednesday, October 30th. Evercore ISI upped their price objective on shares of Advanced Micro Devices from $193.00 to $198.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th. Loop Capital began coverage on shares of Advanced Micro Devices in a research note on Tuesday, January 14th. They set a “buy” rating and a $175.00 target price on the stock. Melius Research reaffirmed a “hold” rating and issued a $129.00 price target (down from $160.00) on shares of Advanced Micro Devices in a research note on Tuesday, January 28th. Finally, Summit Insights raised Advanced Micro Devices to a “hold” rating in a report on Tuesday, February 4th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, eighteen have given a buy rating and three have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $158.70.

Advanced Micro Devices Company 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.