Savant Capital LLC Sells 954 Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

Savant Capital LLC trimmed its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 3.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 30,676 shares of the semiconductor manufacturer’s stock after selling 954 shares during the period. Savant Capital LLC’s holdings in Advanced Micro Devices were worth $3,705,000 at the end of the most recent quarter.

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

Analyst Ratings Changes

A number of research analysts recently issued reports on AMD shares. Argus upgraded shares of Advanced Micro Devices to a “strong-buy” rating in a report on Thursday, February 6th. DZ Bank cut shares of Advanced Micro Devices from a “buy” rating to a “hold” rating and set a $120.00 price target for the company. in a report on Friday, February 7th. Benchmark reduced their price target on shares of Advanced Micro Devices from $200.00 to $170.00 and set a “buy” rating for the company in a report on Wednesday, February 5th. Stifel Nicolaus reduced their price target on shares of Advanced Micro Devices from $200.00 to $162.00 and set a “buy” rating for the company in a report on Wednesday, February 5th. Finally, Evercore ISI upped their price target on shares of Advanced Micro Devices from $193.00 to $198.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating, eighteen have issued a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $158.70.

Insider Activity

In other news, CEO Lisa T. Su sold 76,496 shares of the 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 of the company’s stock, valued at $508,834,266.92. This represents a 2.10 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.73% of the company’s stock.

Advanced Micro Devices Stock Performance

NASDAQ AMD opened at $111.10 on Wednesday. The company has a current ratio of 2.62, a quick ratio of 1.78 and a debt-to-equity ratio of 0.03. The firm’s fifty day moving average price is $122.79 and its two-hundred day moving average price is $139.51. Advanced Micro Devices, Inc. has a 1 year low of $106.50 and a 1 year high of $227.30. The firm has a market capitalization of $180.04 billion, a P/E ratio of 112.22, a price-to-earnings-growth ratio of 1.04 and a beta of 1.65.

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, meeting the consensus estimate of $1.07. Advanced Micro Devices had a net margin of 6.36% and a return on equity of 7.42%. As a group, research analysts anticipate that Advanced Micro Devices, Inc. will post 4.11 EPS for the current year.

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.