United Asset Strategies Inc. Has $396,000 Stock Holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD)

United Asset Strategies Inc. reduced its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 3.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 2,686 shares of the semiconductor manufacturer’s stock after selling 100 shares during the quarter. United Asset Strategies Inc.’s holdings in Advanced Micro Devices were worth $396,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Castleview Partners LLC raised its stake in Advanced Micro Devices by 62.5% during the second quarter. Castleview Partners LLC now owns 234 shares of the semiconductor manufacturer’s stock worth $27,000 after buying an additional 90 shares during the last quarter. Peoples Bank KS bought a new position in Advanced Micro Devices during the third quarter worth $26,000. Spartan Planning & Wealth Management acquired a new stake in Advanced Micro Devices in the third quarter worth $27,000. Founders Capital Management increased its stake in Advanced Micro Devices by 104.2% in the fourth quarter. Founders Capital Management now owns 294 shares of the semiconductor manufacturer’s stock valued at $43,000 after purchasing an additional 150 shares in the last quarter. Finally, Raleigh Capital Management Inc. raised its holdings in shares of Advanced Micro Devices by 54.8% during the third quarter. Raleigh Capital Management Inc. now owns 308 shares of the semiconductor manufacturer’s stock valued at $32,000 after purchasing an additional 109 shares during the period. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Advanced Micro Devices

In other news, insider Victor Peng sold 100,000 shares of Advanced Micro Devices stock in a transaction dated Friday, February 2nd. The stock was sold at an average price of $175.11, for a total value of $17,511,000.00. Following the transaction, the insider now owns 241,266 shares in the company, valued at $42,248,089.26. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In related news, insider Victor Peng sold 100,000 shares of the company’s stock in a transaction on Friday, February 2nd. The shares were sold at an average price of $175.11, for a total transaction of $17,511,000.00. Following the completion of the sale, the insider now directly owns 241,266 shares in the company, valued at approximately $42,248,089.26. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Joseph A. Householder sold 6,572 shares of the business’s stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $208.08, for a total transaction of $1,367,501.76. Following the completion of the transaction, the director now owns 2,197 shares in the company, valued at approximately $457,151.76. The disclosure for this sale can be found here. Insiders have sold 341,143 shares of company stock worth $62,580,844 over the last ninety days. Insiders own 0.65% of the company’s stock.

Advanced Micro Devices Trading Down 5.8 %

Shares of Advanced Micro Devices stock opened at $154.02 on Thursday. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.51 and a quick ratio of 1.86. Advanced Micro Devices, Inc. has a 1 year low of $81.02 and a 1 year high of $227.30. The firm has a market cap of $248.92 billion, a PE ratio of 296.20, a PEG ratio of 2.44 and a beta of 1.64. The company has a 50 day simple moving average of $180.44 and a two-hundred day simple moving average of $148.23.

Advanced Micro Devices (NASDAQ:AMD) last released its earnings results on Tuesday, January 30th. The semiconductor manufacturer reported $0.77 EPS for the quarter, meeting analysts’ consensus estimates of $0.77. Advanced Micro Devices had a return on equity of 5.73% and a net margin of 3.77%. The business had revenue of $6.17 billion for the quarter, compared to analysts’ expectations of $6.13 billion. During the same quarter in the prior year, the firm earned $0.54 earnings per share. The firm’s revenue was up 10.2% on a year-over-year basis. Analysts expect that Advanced Micro Devices, Inc. will post 2.63 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. Evercore ISI started coverage on Advanced Micro Devices in a research note on Tuesday. They set an “outperform” rating and a $200.00 price target on the stock. Citigroup boosted their target price on shares of Advanced Micro Devices from $136.00 to $192.00 and gave the stock a “buy” rating in a research report on Wednesday, January 31st. HSBC raised shares of Advanced Micro Devices from a “hold” rating to a “buy” rating and raised their price target for the company from $180.00 to $225.00 in a research report on Tuesday. JPMorgan Chase & Co. increased their price objective on Advanced Micro Devices from $115.00 to $180.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 31st. Finally, Mizuho upped their price target on Advanced Micro Devices from $200.00 to $235.00 and gave the stock a “buy” rating in a report on Thursday, March 7th. Four analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $185.15.

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.