Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares Sold by My Personal CFO LLC

My Personal CFO LLC lessened its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 1.0% during the 3rd quarter, HoldingsChannel reports. The firm owned 6,731 shares of the semiconductor manufacturer’s stock after selling 67 shares during the period. My Personal CFO LLC’s holdings in Advanced Micro Devices were worth $1,104,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Tradewinds Capital Management LLC boosted its position in shares of Advanced Micro Devices by 102.9% during the 1st quarter. Tradewinds Capital Management LLC now owns 140 shares of the semiconductor manufacturer’s stock valued at $25,000 after acquiring an additional 71 shares during the last quarter. ZRC Wealth Management LLC boosted its position in shares of Advanced Micro Devices by 90.4% during the 3rd quarter. ZRC Wealth Management LLC now owns 158 shares of the semiconductor manufacturer’s stock valued at $26,000 after acquiring an additional 75 shares during the last quarter. Morton Brown Family Wealth LLC boosted its position in shares of Advanced Micro Devices by 94.4% during the 2nd quarter. Morton Brown Family Wealth LLC now owns 175 shares of the semiconductor manufacturer’s stock valued at $27,000 after acquiring an additional 85 shares during the last quarter. Fairway Wealth LLC acquired a new position in shares of Advanced Micro Devices during the 2nd quarter valued at about $27,000. Finally, Semmax Financial Advisors Inc. boosted its position in shares of Advanced Micro Devices by 926.7% during the 1st quarter. Semmax Financial Advisors Inc. now owns 154 shares of the semiconductor manufacturer’s stock valued at $28,000 after acquiring an additional 139 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Advanced Micro Devices Stock Performance

Shares of AMD stock traded down $4.43 during trading hours on Tuesday, hitting $153.47. The stock had a trading volume of 25,417,910 shares, compared to its average volume of 57,141,527. The firm has a market capitalization of $248.06 billion, a PE ratio of 224.71, a PEG ratio of 2.33 and a beta of 1.70. Advanced Micro Devices, Inc. has a twelve month low of $93.11 and a twelve month high of $227.30. The stock’s 50 day moving average is $154.28 and its 200 day moving average is $156.57. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.82 and a quick ratio of 2.01.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings data on Tuesday, July 30th. The semiconductor manufacturer reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.01. The business had revenue of $5.84 billion during the quarter, compared to the consensus estimate of $5.72 billion. Advanced Micro Devices had a return on equity of 5.98% and a net margin of 5.82%. The company’s revenue was up 8.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.40 earnings per share. As a group, research analysts forecast that Advanced Micro Devices, Inc. will post 2.56 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

AMD has been the topic of several recent research reports. Citigroup boosted their price target on shares of Advanced Micro Devices from $176.00 to $210.00 and gave the company a “buy” rating in a research report on Monday, July 15th. KeyCorp reduced their price objective on shares of Advanced Micro Devices from $230.00 to $220.00 and set an “overweight” rating on the stock in a report on Tuesday, July 9th. Robert W. Baird reduced their price objective on shares of Advanced Micro Devices from $200.00 to $175.00 and set an “outperform” rating on the stock in a report on Wednesday, July 31st. Bank of America restated a “buy” rating and issued a $180.00 price objective on shares of Advanced Micro Devices in a report on Thursday, October 3rd. Finally, Truist Financial reduced their price objective on shares of Advanced Micro Devices from $162.00 to $156.00 and set a “hold” rating on the stock in a report on Wednesday, July 31st. One analyst has rated the stock with a sell rating, three have given a hold rating, twenty-seven have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $195.00.

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.