waypoint wealth counsel Acquires 125 Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

waypoint wealth counsel boosted its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 7.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,810 shares of the semiconductor manufacturer’s stock after acquiring an additional 125 shares during the quarter. waypoint wealth counsel’s holdings in Advanced Micro Devices were worth $219,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Union Bancaire Privee UBP SA bought a new stake in shares of Advanced Micro Devices during the fourth quarter worth $34,366,000. Apexium Financial LP increased its position in Advanced Micro Devices by 7.8% in the fourth quarter. Apexium Financial LP now owns 8,895 shares of the semiconductor manufacturer’s stock worth $1,074,000 after purchasing an additional 645 shares during the period. Blue Trust Inc. raised its holdings in Advanced Micro Devices by 28.4% during the 4th quarter. Blue Trust Inc. now owns 18,372 shares of the semiconductor manufacturer’s stock worth $2,219,000 after purchasing an additional 4,068 shares during the last quarter. Kingswood Wealth Advisors LLC lifted its position in Advanced Micro Devices by 4.4% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 32,387 shares of the semiconductor manufacturer’s stock valued at $3,912,000 after purchasing an additional 1,356 shares during the period. Finally, Register Financial Advisors LLC boosted its stake in shares of Advanced Micro Devices by 8.8% in the 4th quarter. Register Financial Advisors LLC now owns 2,874 shares of the semiconductor manufacturer’s stock valued at $347,000 after purchasing an additional 233 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on AMD. Evercore ISI boosted 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 note on Wednesday, October 30th. Mizuho cut their price target on Advanced Micro Devices from $180.00 to $160.00 and set an “outperform” rating on the stock in a research note on Friday, January 10th. Roth Mkm reaffirmed a “buy” rating and set a $200.00 price objective on shares of Advanced Micro Devices in a research note on Friday, October 11th. Morgan Stanley dropped their price objective on Advanced Micro Devices from $169.00 to $158.00 and set an “equal weight” rating for the company in a report on Friday, December 20th. Finally, The Goldman Sachs Group cut Advanced Micro Devices from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $175.00 to $129.00 in a report on Friday, January 10th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating, twenty-one have issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $176.33.

Insider Buying and Selling at Advanced Micro Devices

In other news, CEO Lisa T. Su sold 80,000 shares of Advanced Micro Devices stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $143.87, for a total value of $11,509,600.00. Following the completion of the sale, the chief executive officer now directly owns 3,566,762 shares in the company, valued at approximately $513,150,048.94. The trade was a 2.19 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Forrest Eugene Norrod sold 40,540 shares of the firm’s stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $141.67, for a total value of $5,743,301.80. Following the transaction, the executive vice president now owns 293,347 shares in the company, valued at approximately $41,558,469.49. This trade represents a 12.14 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 197,036 shares of company stock valued at $28,165,821 in the last ninety days. 0.73% of the stock is currently owned by corporate insiders.

Advanced Micro Devices Trading Down 0.2 %

Shares of Advanced Micro Devices stock opened at $122.84 on Monday. Advanced Micro Devices, Inc. has a 1 year low of $114.41 and a 1 year high of $227.30. The company has a market capitalization of $199.35 billion, a price-to-earnings ratio of 110.67, a P/E/G ratio of 1.09 and a beta of 1.66. The business has a fifty day simple moving average of $128.12 and a two-hundred day simple moving average of $143.50. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.50 and a quick ratio of 1.78.

Advanced Micro Devices (NASDAQ:AMD) last announced its earnings results on Tuesday, October 29th. The semiconductor manufacturer reported $0.92 EPS for the quarter, hitting the consensus estimate of $0.92. The business had revenue of $6.82 billion during the quarter, compared to the consensus estimate of $6.71 billion. Advanced Micro Devices had a net margin of 7.52% and a return on equity of 6.62%. Advanced Micro Devices’s revenue was up 17.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.53 EPS. Research analysts forecast that Advanced Micro Devices, Inc. will post 2.54 EPS for the current year.

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.