Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares Sold by Robeco Schweiz AG

Robeco Schweiz AG lowered its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 57.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 2,700 shares of the semiconductor manufacturer’s stock after selling 3,600 shares during the quarter. Robeco Schweiz AG’s holdings in Advanced Micro Devices were worth $326,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Jacobsen Capital Management lifted its holdings in shares of Advanced Micro Devices by 2.1% during the third quarter. Jacobsen Capital Management now owns 3,378 shares of the semiconductor manufacturer’s stock worth $554,000 after purchasing an additional 70 shares during the period. Bedell Frazier Investment Counselling LLC lifted its stake in Advanced Micro Devices by 4.3% during the 3rd quarter. Bedell Frazier Investment Counselling LLC now owns 1,780 shares of the semiconductor manufacturer’s stock valued at $292,000 after acquiring an additional 74 shares during the period. Rosenberg Matthew Hamilton boosted its holdings in shares of Advanced Micro Devices by 3.9% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 1,992 shares of the semiconductor manufacturer’s stock valued at $327,000 after acquiring an additional 75 shares during the last quarter. NCM Capital Management LLC boosted its holdings in shares of Advanced Micro Devices by 0.9% in the 3rd quarter. NCM Capital Management LLC now owns 8,654 shares of the semiconductor manufacturer’s stock valued at $1,420,000 after acquiring an additional 75 shares during the last quarter. Finally, Pin Oak Investment Advisors Inc. increased its stake in shares of Advanced Micro Devices by 15.2% in the third quarter. Pin Oak Investment Advisors Inc. now owns 575 shares of the semiconductor manufacturer’s stock worth $94,000 after acquiring an additional 76 shares during the period. Institutional investors and hedge funds own 71.34% of the company’s stock.

Insider Activity at Advanced Micro Devices

In other news, CEO Lisa T. Su sold 76,496 shares of the company’s stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $142.66, for a total value of $10,912,919.36. Following the transaction, the chief executive officer now owns 3,566,762 shares of the company’s stock, valued at $508,834,266.92. This represents a 2.10 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Philip Guido purchased 4,645 shares of the stock in a transaction dated Friday, February 7th. The shares were acquired at an average price of $107.56 per share, with a total value of $499,616.20. Following the completion of the acquisition, the executive vice president now owns 33,522 shares in the company, valued at approximately $3,605,626.32. This trade represents a 16.09 % increase in their position. The disclosure for this purchase can be found here. 0.65% of the stock is currently owned by insiders.

Advanced Micro Devices Trading Up 0.8 %

Shares of Advanced Micro Devices stock opened at $104.74 on Thursday. Advanced Micro Devices, Inc. has a 1-year low of $103.62 and a 1-year 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 1.83. The stock has a market cap of $169.73 billion, a P/E ratio of 105.80, a P/E/G ratio of 1.11 and a beta of 1.66. The stock’s 50 day simple moving average is $117.72 and its 200-day simple moving average is $137.42.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings data on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.07. Advanced Micro Devices had a return on equity of 7.42% and a net margin of 6.36%. Analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Analysts Set New Price Targets

AMD has been the topic of several recent research reports. Benchmark reaffirmed a “buy” rating and issued a $170.00 price target on shares of Advanced Micro Devices in a report on Tuesday, February 18th. KeyCorp decreased their price objective on Advanced Micro Devices from $150.00 to $140.00 and set an “overweight” rating for the company in a report on Wednesday, February 5th. Morgan Stanley set a $137.00 target price on Advanced Micro Devices in a report on Wednesday, February 5th. Wells Fargo & Company reissued an “overweight” rating on shares of Advanced Micro Devices in a report on Wednesday, February 19th. Finally, Barclays lowered their price objective on Advanced Micro Devices from $170.00 to $140.00 and set an “overweight” rating on the stock in a research report on Friday, January 17th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating, nineteen have issued a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $155.83.

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.