Catalyst Financial Partners LLC Has $781,000 Position in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Catalyst Financial Partners LLC boosted its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 7.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,298 shares of the semiconductor manufacturer’s stock after acquiring an additional 363 shares during the quarter. Catalyst Financial Partners LLC’s holdings in Advanced Micro Devices were worth $781,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Peoples Bank KS acquired a new stake in Advanced Micro Devices in the third quarter valued at approximately $26,000. Spartan Planning & Wealth Management bought a new stake in Advanced Micro Devices during the 3rd quarter worth $27,000. Bare Financial Services Inc acquired a new position in Advanced Micro Devices in the 4th quarter worth about $29,000. MeadowBrook Investment Advisors LLC bought a new position in Advanced Micro Devices in the fourth quarter valued at about $29,000. Finally, Gables Capital Management Inc. acquired a new stake in shares of Advanced Micro Devices during the fourth quarter valued at about $29,000. 71.34% of the stock is currently owned by institutional investors.

Advanced Micro Devices Price Performance

NASDAQ:AMD traded down $1.23 during trading hours on Thursday, hitting $152.39. 32,981,923 shares of the company’s stock traded hands, compared to its average volume of 70,356,836. Advanced Micro Devices, Inc. has a 52 week low of $93.11 and a 52 week high of $227.30. The business’s fifty day simple moving average is $174.08 and its two-hundred day simple moving average is $153.24. The company has a quick ratio of 1.92, a current ratio of 2.64 and a debt-to-equity ratio of 0.03. The firm has a market cap of $246.31 billion, a P/E ratio of 224.10, a P/E/G ratio of 2.33 and a beta of 1.66.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, April 30th. The semiconductor manufacturer reported $0.62 EPS for the quarter, topping the consensus estimate of $0.61 by $0.01. The company had revenue of $5.47 billion during the quarter, compared to analyst estimates of $5.48 billion. Advanced Micro Devices had a return on equity of 5.72% and a net margin of 4.89%. Advanced Micro Devices’s revenue was up 2.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.43 earnings per share. On average, research analysts anticipate that Advanced Micro Devices, Inc. will post 2.63 earnings per share for the current fiscal year.

Insider Activity at Advanced Micro Devices

In other news, Director Joseph A. Householder sold 6,572 shares of the company’s stock in a transaction on Monday, March 4th. The shares were sold at an average price of $208.08, for a total value of $1,367,501.76. Following the completion of the sale, the director now owns 2,197 shares of the company’s stock, valued at approximately $457,151.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, CEO Lisa T. Su sold 125,000 shares of the stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $195.13, for a total transaction of $24,391,250.00. Following the completion of the sale, the chief executive officer now directly owns 3,222,230 shares in the company, valued at $628,753,739.90. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 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 value of $1,367,501.76. Following 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 a total of 181,850 shares of company stock valued at $34,637,833 over the last 90 days. 0.65% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research analysts recently issued reports on AMD shares. Wedbush reiterated an “outperform” rating and issued a $200.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, May 1st. Citigroup decreased their price objective on Advanced Micro Devices from $192.00 to $176.00 and set a “buy” rating for the company in a report on Wednesday, May 1st. Cantor Fitzgerald reduced their price target on Advanced Micro Devices from $190.00 to $170.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 1st. Rosenblatt Securities restated a “buy” rating and set a $250.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, May 1st. Finally, StockNews.com downgraded shares of Advanced Micro Devices from a “hold” rating to a “sell” rating in a research report on Saturday, May 4th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and twenty-seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $183.94.

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.