NORTHSTAR ASSET MANAGEMENT Co LLC Boosts Holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD)

NORTHSTAR ASSET MANAGEMENT Co LLC lifted its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 2.2% during the 4th quarter, HoldingsChannel reports. The firm owned 8,306 shares of the semiconductor manufacturer’s stock after acquiring an additional 175 shares during the quarter. NORTHSTAR ASSET MANAGEMENT Co LLC’s holdings in Advanced Micro Devices were worth $1,003,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Creative Capital Management Investments LLC lifted its stake in Advanced Micro Devices by 124.6% in the third quarter. Creative Capital Management Investments LLC now owns 155 shares of the semiconductor manufacturer’s stock worth $25,000 after purchasing an additional 86 shares during the last quarter. Global Wealth Strategies & Associates bought a new position in shares of Advanced Micro Devices during the fourth quarter valued at approximately $26,000. FSA Wealth Management LLC purchased a new position in shares of Advanced Micro Devices in the 3rd quarter valued at $41,000. Coston McIsaac & Partners grew its stake in Advanced Micro Devices by 319.4% in the third quarter. Coston McIsaac & Partners now owns 260 shares of the semiconductor manufacturer’s stock valued at $42,000 after purchasing an additional 198 shares during the last quarter. Finally, Retirement Wealth Solutions LLC purchased a new stake in Advanced Micro Devices during the fourth quarter valued at approximately $32,000. 71.34% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

AMD has been the subject of a number of research analyst reports. Susquehanna decreased their price target on shares of Advanced Micro Devices from $165.00 to $150.00 and set a “positive” rating for the company in a report on Wednesday, February 5th. Wells Fargo & Company lowered their price target on shares of Advanced Micro Devices from $165.00 to $140.00 and set an “overweight” rating on the stock in a report on Wednesday, February 5th. UBS Group reduced their target price on Advanced Micro Devices from $210.00 to $205.00 and set a “buy” rating for the company in a research note on Wednesday, October 30th. Cantor Fitzgerald reiterated an “overweight” rating and set a $180.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, October 30th. Finally, Melius cut shares of Advanced Micro Devices from a “buy” rating to a “hold” rating and reduced their target price for the company from $160.00 to $129.00 in a research report on Tuesday, January 28th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating, eighteen have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $158.70.

Advanced Micro Devices Stock Performance

Shares of AMD stock opened at $107.56 on Monday. The stock’s 50-day moving average price is $123.42 and its 200 day moving average price is $139.74. The company has a quick ratio of 1.78, a current ratio of 2.62 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $174.30 billion, a PE ratio of 108.65, a price-to-earnings-growth ratio of 1.04 and a beta of 1.65. 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 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%. As a group, equities research analysts forecast that Advanced Micro Devices, Inc. will post 4.11 EPS for the current year.

Insiders Place Their Bets

In other Advanced Micro Devices 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 sale, the chief executive officer now owns 3,566,762 shares of the company’s stock, valued at approximately $508,834,266.92. This represents a 2.10 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.73% of the stock is currently owned by insiders.

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.