Investors Asset Management of Georgia Inc. GA ADV Sells 400 Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

Investors Asset Management of Georgia Inc. GA ADV lessened its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 1.5% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 26,994 shares of the semiconductor manufacturer’s stock after selling 400 shares during the period. Advanced Micro Devices accounts for about 1.6% of Investors Asset Management of Georgia Inc. GA ADV’s investment portfolio, making the stock its 13th biggest holding. Investors Asset Management of Georgia Inc. GA ADV’s holdings in Advanced Micro Devices were worth $3,261,000 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 AMD. Jacobsen Capital Management increased its stake in Advanced Micro Devices by 2.1% in the 3rd quarter. Jacobsen Capital Management now owns 3,378 shares of the semiconductor manufacturer’s stock worth $554,000 after buying an additional 70 shares in the last quarter. Sigma Investment Counselors Inc. raised its stake in Advanced Micro Devices by 5.3% during the 3rd quarter. Sigma Investment Counselors Inc. now owns 1,482 shares of the semiconductor manufacturer’s stock valued at $243,000 after purchasing an additional 74 shares during the period. Bedell Frazier Investment Counselling LLC raised 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 purchasing an additional 74 shares during the period. Rosenberg Matthew Hamilton raised its stake in Advanced Micro Devices by 3.9% during the 3rd 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. Finally, NCM Capital Management LLC raised its stake in Advanced Micro Devices by 0.9% during the 3rd quarter. NCM Capital Management LLC now owns 8,654 shares of the semiconductor manufacturer’s stock valued at $1,420,000 after purchasing an additional 75 shares during the period. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Trading Down 0.5 %

Shares of NASDAQ AMD opened at $114.17 on Friday. The company has a quick ratio of 1.83, a current ratio of 2.62 and a debt-to-equity ratio of 0.03. The business has a fifty day simple moving average of $119.16 and a two-hundred day simple moving average of $138.11. The firm has a market cap of $185.01 billion, a PE ratio of 115.32, a price-to-earnings-growth ratio of 1.15 and a beta of 1.65. Advanced Micro Devices, Inc. has a twelve month low of $106.50 and a twelve month high of $227.30.

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

Analyst Ratings Changes

AMD has been the topic of several recent analyst reports. The Goldman Sachs Group downgraded Advanced Micro Devices from a “buy” rating to a “neutral” rating and decreased their target price for the company from $175.00 to $129.00 in a research note on Friday, January 10th. Loop Capital began coverage on Advanced Micro Devices in a research note on Tuesday, January 14th. They issued a “buy” rating and a $175.00 price objective on the stock. StockNews.com downgraded Advanced Micro Devices from a “hold” rating to a “sell” rating in a research note on Tuesday, January 14th. UBS Group reduced their price objective on Advanced Micro Devices from $210.00 to $205.00 and set a “buy” rating on the stock in a research note on Wednesday, October 30th. Finally, Evercore ISI lifted their price objective on Advanced Micro Devices from $193.00 to $198.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 30th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating, eighteen have issued a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat, Advanced Micro Devices has an average rating of “Moderate Buy” and a consensus price target of $158.70.

Insider Transactions at Advanced Micro Devices

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

Advanced Micro Devices 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.