Capital Advisors Inc. OK Purchases 309 Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

Capital Advisors Inc. OK increased its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 6.0% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 5,446 shares of the semiconductor manufacturer’s stock after purchasing an additional 309 shares during the period. Capital Advisors Inc. OK’s holdings in Advanced Micro Devices were worth $658,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Creative Planning increased its holdings in shares of Advanced Micro Devices by 18.4% in the third quarter. Creative Planning now owns 436,660 shares of the semiconductor manufacturer’s stock valued at $66,674,000 after purchasing an additional 67,973 shares during the last quarter. Swedbank AB lifted its stake in shares of Advanced Micro Devices by 0.8% during the 3rd quarter. Swedbank AB now owns 2,151,636 shares of the semiconductor manufacturer’s stock worth $353,040,000 after buying an additional 17,446 shares during the last quarter. Magnus Financial Group LLC bought a new stake in shares of Advanced Micro Devices during the 3rd quarter worth about $216,000. Prospect Financial Services LLC acquired a new position in Advanced Micro Devices in the 3rd quarter valued at about $234,000. Finally, Regatta Capital Group LLC raised its holdings in Advanced Micro Devices by 4.0% in the 3rd quarter. Regatta Capital Group LLC now owns 20,413 shares of the semiconductor manufacturer’s stock valued at $3,349,000 after acquiring an additional 784 shares during the period. Institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Stock Performance

NASDAQ AMD opened at $111.72 on Thursday. The firm’s fifty day moving average price is $122.17 and its two-hundred day moving average price is $139.31. The stock has a market cap of $181.04 billion, a PE ratio of 112.85, a PEG ratio of 1.04 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 2.62. Advanced Micro Devices, Inc. has a fifty-two week low of $106.50 and a fifty-two week high of $227.30.

Advanced Micro Devices (NASDAQ:AMD) last issued 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%. On average, equities analysts expect that Advanced Micro Devices, Inc. will post 4.11 EPS for the current fiscal year.

Insider Activity

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

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. Argus upgraded Advanced Micro Devices to a “strong-buy” rating in a report on Thursday, February 6th. Wolfe Research downgraded Advanced Micro Devices from an “outperform” rating to a “peer perform” rating in a research note on Thursday, January 16th. Melius cut Advanced Micro Devices from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $160.00 to $129.00 in a research report on Tuesday, January 28th. Summit Insights raised shares of Advanced Micro Devices to a “hold” rating in a research report on Tuesday, February 4th. Finally, Evercore ISI raised their price target on shares of Advanced Micro Devices from $193.00 to $198.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 30th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating, eighteen have given a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $158.70.

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.