American Financial Advisors LLC Invests $235,000 in Advanced Micro Devices, Inc. (NASDAQ:AMD)

American Financial Advisors LLC acquired a new position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 1,595 shares of the semiconductor manufacturer’s stock, valued at approximately $235,000.

Several other institutional investors and hedge funds have also made changes to their positions in AMD. Gables Capital Management Inc. acquired a new stake in shares of Advanced Micro Devices in the 4th quarter valued at about $29,000. Castleview Partners LLC boosted its position in shares of Advanced Micro Devices by 62.5% in the 2nd quarter. Castleview Partners LLC now owns 234 shares of the semiconductor manufacturer’s stock valued at $27,000 after purchasing an additional 90 shares during the period. Peoples Bank KS acquired a new stake in shares of Advanced Micro Devices in the 3rd quarter valued at about $26,000. Spartan Planning & Wealth Management acquired a new stake in shares of Advanced Micro Devices in the 3rd quarter valued at about $27,000. Finally, Oliver Lagore Vanvalin Investment Group boosted its position in shares of Advanced Micro Devices by 36.2% in the 4th quarter. Oliver Lagore Vanvalin Investment Group now owns 271 shares of the semiconductor manufacturer’s stock valued at $40,000 after purchasing an additional 72 shares during the period. 71.34% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Advanced Micro Devices

In other news, EVP Forrest Eugene Norrod sold 59,293 shares of the firm’s stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $175.94, for a total transaction of $10,432,010.42. Following the sale, the executive vice president now owns 258,690 shares in the company, valued at $45,513,918.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, EVP Forrest Eugene Norrod sold 59,293 shares of the firm’s stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $175.94, for a total transaction of $10,432,010.42. Following the sale, the executive vice president now owns 258,690 shares in the company, valued at $45,513,918.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Joseph A. Householder sold 6,572 shares of the firm’s stock in a transaction on Monday, March 4th. The stock was sold at an average price of $208.08, for a total value of $1,367,501.76. Following the sale, 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. In the last 90 days, insiders have sold 341,143 shares of company stock worth $62,580,844. 0.73% of the stock is owned by insiders.

Wall Street Analyst Weigh In

AMD has been the subject of several analyst reports. JPMorgan Chase & Co. upped their price objective on Advanced Micro Devices from $115.00 to $180.00 and gave the company a “neutral” rating in a research note on Wednesday, January 31st. The Goldman Sachs Group upped their price objective on Advanced Micro Devices from $157.00 to $180.00 and gave the company a “buy” rating in a research note on Wednesday, January 31st. Susquehanna reaffirmed a “positive” rating and set a $200.00 price objective on shares of Advanced Micro Devices in a research note on Thursday, April 4th. Roth Mkm upped their price objective on Advanced Micro Devices from $125.00 to $190.00 and gave the company a “buy” rating in a research note on Wednesday, January 31st. Finally, Northland Securities raised Advanced Micro Devices from a “market perform” rating to an “outperform” rating and set a $195.00 price objective for the company in a research note on Wednesday, January 31st. Four equities research analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $185.59.

Advanced Micro Devices Price Performance

Shares of NASDAQ:AMD opened at $146.64 on Friday. The business’s fifty day moving average price is $179.64 and its two-hundred day moving average price is $148.58. The stock has a market cap of $236.99 billion, a PE ratio of 282.01, a price-to-earnings-growth ratio of 2.36 and a beta of 1.64. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.86 and a current ratio of 2.51. Advanced Micro Devices, Inc. has a one year low of $81.02 and a one year high of $227.30.

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