Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares Sold by AllSquare Wealth Management LLC


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AllSquare Wealth Management LLC cut its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 2.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 6,790 shares of the semiconductor manufacturer’s stock after selling 200 shares during the period. AllSquare Wealth Management LLC’s holdings in Advanced Micro Devices were worth $623,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. BKD Wealth Advisors LLC lifted its holdings in Advanced Micro Devices by 3.8% during the fourth quarter. BKD Wealth Advisors LLC now owns 3,028 shares of the semiconductor manufacturer’s stock valued at $278,000 after purchasing an additional 110 shares in the last quarter. SeaCrest Wealth Management LLC lifted its stake in Advanced Micro Devices by 0.4% in the 4th quarter. SeaCrest Wealth Management LLC now owns 29,862 shares of the semiconductor manufacturer’s stock valued at $2,739,000 after buying an additional 115 shares in the last quarter. Atlas Private Wealth Advisors boosted its holdings in Advanced Micro Devices by 7.1% in the 4th quarter. Atlas Private Wealth Advisors now owns 1,810 shares of the semiconductor manufacturer’s stock worth $166,000 after buying an additional 120 shares during the last quarter. Tsfg LLC increased its stake in Advanced Micro Devices by 65.8% during the 4th quarter. Tsfg LLC now owns 315 shares of the semiconductor manufacturer’s stock worth $29,000 after buying an additional 125 shares in the last quarter. Finally, Grimes & Company Inc. raised its holdings in shares of Advanced Micro Devices by 4.4% during the fourth quarter. Grimes & Company Inc. now owns 3,195 shares of the semiconductor manufacturer’s stock valued at $293,000 after acquiring an additional 136 shares during the last quarter. Hedge funds and other institutional investors own 67.01% of the company’s stock.

Several brokerages have recently weighed in on AMD. Royal Bank of Canada boosted their price target on shares of Advanced Micro Devices from $100.00 to $105.00 and gave the company an “outperform” rating in a research report on Monday, January 25th. JPMorgan Chase & Co. boosted their target price on shares of Advanced Micro Devices from $86.00 to $100.00 and gave the company a “neutral” rating in a report on Wednesday, January 27th. Craig Hallum increased their price target on shares of Advanced Micro Devices from $100.00 to $120.00 and gave the company a “buy” rating in a research note on Wednesday, January 27th. Truist lifted their price target on shares of Advanced Micro Devices from $96.00 to $101.00 in a research report on Wednesday, January 27th. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on Advanced Micro Devices from $75.00 to $90.00 and gave the stock a “hold” rating in a research report on Thursday, December 17th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and twenty-two have issued a buy rating to the company’s stock. Advanced Micro Devices currently has a consensus rating of “Buy” and a consensus target price of $87.21.

In other news, EVP Rick Bergman sold 2,000 shares of the business’s stock in a transaction that occurred on Thursday, February 4th. The shares were sold at an average price of $88.29, for a total transaction of $176,580.00. Following the completion of the sale, the executive vice president now owns 71,891 shares in the company, valued at approximately $6,347,256.39. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Forrest Eugene Norrod sold 81,500 shares of the business’s stock in a transaction that occurred on Thursday, January 28th. The stock was sold at an average price of $88.80, for a total transaction of $7,237,200.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 235,606 shares of company stock worth $21,542,633. 1.20% of the stock is owned by insiders.

NASDAQ:AMD traded down $2.53 during mid-day trading on Tuesday, hitting $82.84. The stock had a trading volume of 1,945,067 shares, compared to its average volume of 45,263,934. Advanced Micro Devices, Inc. has a twelve month low of $36.75 and a twelve month high of $99.23. The stock has a 50-day simple moving average of $90.94 and a two-hundred day simple moving average of $86.14. The company has a current ratio of 2.28, a quick ratio of 1.74 and a debt-to-equity ratio of 0.10. The company has a market capitalization of $100.34 billion, a PE ratio of 107.72, a PEG ratio of 1.14 and a beta of 2.29.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Monday, January 25th. The semiconductor manufacturer reported $0.52 EPS for the quarter, beating the Zacks’ consensus estimate of $0.47 by $0.05. The company had revenue of $3.24 billion for the quarter, compared to the consensus estimate of $3.03 billion. Advanced Micro Devices had a net margin of 10.17% and a return on equity of 33.04%. The company’s quarterly revenue was up 52.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.32 EPS. Sell-side analysts predict that Advanced Micro Devices, Inc. will post 1.01 EPS for the current fiscal year.

Advanced Micro Devices Profile

Advanced Micro Devices, Inc operates as a semiconductor company worldwide. The company operates in two segments, Computing and Graphics; and Enterprise, Embedded and Semi-Custom. Its products include x86 microprocessors as an accelerated processing unit, chipsets, discrete and integrated graphics processing units (GPUs), data center and professional GPUs, and development services; and server and embedded processors, and semi-custom System-on-Chip (SoC) products, development services, and technology for game consoles.

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Institutional Ownership by Quarter for Advanced Micro Devices (NASDAQ:AMD)

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