Signaturefd LLC Has $98,000 Stock Position in Advanced Micro Devices, Inc. (NASDAQ:AMD)

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Signaturefd LLC reduced its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 50.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,215 shares of the semiconductor manufacturer’s stock after selling 3,217 shares during the period. Signaturefd LLC’s holdings in Advanced Micro Devices were worth $98,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Joseph P. Lucia & Associates LLC purchased a new position in Advanced Micro Devices during the first quarter valued at approximately $25,000. Harel Insurance Investments & Financial Services Ltd. purchased a new position in Advanced Micro Devices during the first quarter valued at approximately $26,000. Advisory Alpha LLC purchased a new position in Advanced Micro Devices during the first quarter valued at approximately $26,000. Peddock Capital Advisors LLC grew its position in Advanced Micro Devices by 151.5% during the first quarter. Peddock Capital Advisors LLC now owns 1,021 shares of the semiconductor manufacturer’s stock valued at $26,000 after purchasing an additional 615 shares in the last quarter. Finally, Berman Capital Advisors LLC grew its position in Advanced Micro Devices by 99.4% during the first quarter. Berman Capital Advisors LLC now owns 1,077 shares of the semiconductor manufacturer’s stock valued at $27,000 after purchasing an additional 537 shares in the last quarter. 62.86% of the stock is currently owned by institutional investors and hedge funds.

In related news, SVP Paul Darren Grasby sold 6,000 shares of the business’s stock in a transaction on Wednesday, September 4th. The shares were sold at an average price of $31.30, for a total transaction of $187,800.00. Following the transaction, the senior vice president now owns 33,113 shares of the company’s stock, valued at $1,036,436.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Lisa T. Su sold 429,497 shares of the business’s stock in a transaction on Monday, August 12th. The stock was sold at an average price of $33.53, for a total transaction of $14,401,034.41. Following the transaction, the chief executive officer now directly owns 3,231,764 shares in the company, valued at approximately $108,361,046.92. The disclosure for this sale can be found here. Insiders sold 1,729,363 shares of company stock valued at $56,688,428 over the last 90 days. 1.50% of the stock is owned by corporate insiders.

A number of research analysts recently commented on the stock. Royal Bank of Canada reaffirmed an “outperform” rating and set a $44.00 price objective (up from $43.00) on shares of Advanced Micro Devices in a research report on Sunday, August 11th. Mizuho set a $36.00 price objective on shares of Advanced Micro Devices and gave the company a “hold” rating in a research report on Monday, August 12th. Cowen set a $40.00 price objective on shares of Advanced Micro Devices and gave the company a “buy” rating in a research report on Wednesday, July 31st. Wells Fargo & Co reiterated a “buy” rating on shares of Advanced Micro Devices in a research note on Wednesday, July 31st. Finally, UBS Group lifted their target price on shares of Advanced Micro Devices from $24.00 to $31.00 and gave the company a “neutral” rating in a research note on Wednesday, July 10th. Two analysts have rated the stock with a sell rating, nineteen have assigned a hold rating and thirteen have issued a buy rating to the company. Advanced Micro Devices currently has a consensus rating of “Hold” and a consensus target price of $31.59.

Shares of Advanced Micro Devices stock traded down $0.94 on Friday, reaching $30.56. The stock had a trading volume of 51,024,434 shares, compared to its average volume of 64,520,320. The business’s 50-day moving average price is $31.58 and its two-hundred day moving average price is $28.75. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.52 and a current ratio of 2.08. Advanced Micro Devices, Inc. has a fifty-two week low of $16.03 and a fifty-two week high of $35.55. The stock has a market cap of $34.19 billion, a P/E ratio of 87.31, a price-to-earnings-growth ratio of 2.69 and a beta of 3.07.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, July 30th. The semiconductor manufacturer reported $0.08 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.08. Advanced Micro Devices had a net margin of 3.25% and a return on equity of 16.04%. The business had revenue of $1.53 billion during the quarter, compared to analysts’ expectations of $1.52 billion. During the same period in the previous year, the company earned $0.14 earnings per share. Advanced Micro Devices’s revenue for the quarter was down 12.8% on a year-over-year basis. As a group, equities analysts forecast that Advanced Micro Devices, Inc. will post 0.5 earnings per share for the current fiscal year.

Advanced Micro Devices Profile

Advanced Micro Devices, Inc operates as a semiconductor company worldwide. The company operates in two segments, Computing and Graphics; and Enterprise, Embedded and Semi-Custom. Its products include x86 microprocessors as an accelerated processing unit (APU), chipsets, discrete and integrated graphics processing units (GPUs), and professional GPUs; and server and embedded processors, and semi-custom System-on-Chip (SoC) products and technology for game consoles.

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Institutional Ownership by Quarter for Advanced Micro Devices (NASDAQ:AMD)

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