KFA Private Wealth Group LLC Has $467,000 Holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD)

KFA Private Wealth Group LLC raised its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 16.1% during the fourth quarter, Holdings Channel reports. The firm owned 3,166 shares of the semiconductor manufacturer’s stock after purchasing an additional 439 shares during the period. KFA Private Wealth Group LLC’s holdings in Advanced Micro Devices were worth $467,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the company. K.J. Harrison & Partners Inc bought a new position in shares of Advanced Micro Devices in the 4th quarter worth about $616,000. Callan Capital LLC boosted its holdings in shares of Advanced Micro Devices by 19.9% during the 4th quarter. Callan Capital LLC now owns 2,492 shares of the semiconductor manufacturer’s stock worth $367,000 after buying an additional 413 shares in the last quarter. Herold Advisors Inc. acquired a new stake in shares of Advanced Micro Devices during the 4th quarter worth approximately $316,000. Stanley Laman Group Ltd. acquired a new position in shares of Advanced Micro Devices during the 4th quarter valued at $263,000. Finally, AM Investment Strategies LLC bought a new position in Advanced Micro Devices during the fourth quarter worth $301,000. Institutional investors own 71.34% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on AMD shares. KeyCorp upped their price objective on shares of Advanced Micro Devices from $195.00 to $270.00 and gave the company an “overweight” rating in a report on Wednesday, January 31st. Roth Mkm increased their price target on Advanced Micro Devices from $125.00 to $190.00 and gave the stock a “buy” rating in a report on Wednesday, January 31st. Cantor Fitzgerald restated an “overweight” rating and set a $190.00 price objective on shares of Advanced Micro Devices in a report on Monday, March 4th. Susquehanna reiterated a “positive” rating and issued a $200.00 target price on shares of Advanced Micro Devices in a report on Thursday, April 4th. Finally, Truist Financial boosted their price target on shares of Advanced Micro Devices from $154.00 to $174.00 and gave the company a “hold” rating in a research note on Wednesday, January 31st. One analyst has rated the stock with a sell rating, three have given a hold rating and twenty-seven have given a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $185.59.

Advanced Micro Devices Stock Performance

Shares of AMD stock traded up $3.64 on Friday, hitting $157.40. 42,425,480 shares of the stock were exchanged, compared to its average volume of 72,781,539. The firm’s 50 day moving average is $177.46 and its two-hundred day moving average is $150.27. Advanced Micro Devices, Inc. has a one year low of $81.02 and a one year high of $227.30. The firm has a market capitalization of $254.38 billion, a PE ratio of 302.70, a P/E/G ratio of 2.31 and a beta of 1.64. The company has a current ratio of 2.51, a quick ratio of 1.86 and a debt-to-equity ratio of 0.03.

Advanced Micro Devices (NASDAQ:AMD) last posted its earnings results on Tuesday, January 30th. The semiconductor manufacturer reported $0.77 earnings per share for the quarter, hitting the consensus estimate of $0.77. The firm had revenue of $6.17 billion during the quarter, compared to the consensus estimate of $6.13 billion. Advanced Micro Devices had a net margin of 3.77% and a return on equity of 5.73%. The company’s revenue was up 10.2% on a year-over-year basis. During the same quarter last year, the company earned $0.54 earnings per share. Sell-side analysts expect that Advanced Micro Devices, Inc. will post 2.64 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, EVP Mark D. Papermaster sold 16,200 shares of the company’s stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $164.25, for a total transaction of $2,660,850.00. Following the sale, the executive vice president now directly owns 1,554,602 shares in the company, valued at $255,343,378.50. The sale was disclosed in a document filed with the SEC, which is available at this link. In related news, CAO Darla M. Smith sold 1,678 shares of the business’s stock in a transaction dated Thursday, February 29th. The stock was sold at an average price of $188.66, for a total transaction of $316,571.48. Following the completion of the transaction, the chief accounting officer now directly owns 4,209 shares in the company, valued at $794,069.94. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Mark D. Papermaster sold 16,200 shares of the firm’s stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $164.25, for a total value of $2,660,850.00. Following the completion of the sale, the executive vice president now directly owns 1,554,602 shares in the company, valued at approximately $255,343,378.50. The disclosure for this sale can be found here. Insiders have sold a total of 341,143 shares of company stock worth $62,580,844 over the last 90 days. Corporate insiders own 0.73% of the company’s stock.

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.