1 week Ago By ABMN Staff
GAMMA Investing LLC cut its position in shares of Advanced Micro Devices, Inc. ( NASDAQ:AMD – Free Report ) by 12.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission.
The institutional investor owned 16,470 shares of the semiconductor manufacturer’s stock after selling 2,279 shares during the period. GAMMA Investing LLC’s holdings in Advanced Micro Devices were worth $1,989,000 as of its most recent filing with the Securities & Exchange Commission. Other hedge funds have also made changes to their positions in the company.
TIAA Trust National Association raised its stake in Advanced Micro Devices by 1.2% in the second quarter. TIAA Trust National Association now owns 23,923 shares of the semiconductor manufacturer’s stock worth $3,881,000 after buying an additional 289 shares in the last quarter.
Hodges Capital Management Inc. lifted its stake in shares of Advanced Micro Devices by 140.0% during the 2nd quarter.
Hodges Capital Management Inc. now owns 5,372 shares of the semiconductor manufacturer’s stock worth $871,000 after purchasing an additional 3,134 shares during the last quarter. Pursue Wealth Partners LLC lifted its stake in shares of Advanced Micro Devices by 242.
3% during the 2nd quarter. Pursue Wealth Partners LLC now owns 17,704 shares of the semiconductor manufacturer’s stock worth $2,872,000 after purchasing an additional 12,532 shares during the last quarter. Stablepoint Partners LLC boosted its position in Advanced Micro Devices by 4.
1% during the second quarter. Stablepoint Partners LLC now owns 8,622 shares of the semiconductor manufacturer’s stock valued at $1,399,000 after purchasing an additional 338 shares in the last quarter. Finally, Mayflower Financial Advisors LLC grew its stake in Advanced Micro Devices by 34.
9% in the second quarter. Mayflower Financial Advisors LLC now owns 7,202 shares of the semiconductor manufacturer’s stock valued at $1,168,000 after purchasing an additional 1,864 shares during the last quarter. 71.
34% of the stock is currently owned by hedge funds and other institutional investors. Insider Activity at Advanced Micro Devices In other Advanced Micro Devices news, CEO Lisa T. Su sold 76,496 shares of the stock in a transaction dated Wednesday, December 4th.
The shares were sold at an average price of $142.66, for a total value of $10,912,919.36.
Following the completion of the sale, the chief executive officer now owns 3,566,762 shares in the company, valued at approximately $508,834,266.92. This represents a 2.
10 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website . Also, EVP Forrest Eugene Norrod sold 40,540 shares of the firm’s stock in a transaction that occurred on Tuesday, November 5th.
The stock was sold at an average price of $141.67, for a total transaction of $5,743,301.80.
Following the completion of the transaction, the executive vice president now directly owns 293,347 shares in the company, valued at $41,558,469.49. This trade represents a 12.
14 % decrease in their ownership of the stock. The disclosure for this sale can be found here . In the last three months, insiders have sold 197,036 shares of company stock valued at $28,165,821.
0.65% of the stock is owned by corporate insiders. Wall Street Analyst Weigh In View Our Latest Stock Report on AMD Advanced Micro Devices Price Performance NASDAQ:AMD opened at $120.
63 on Friday. The stock has a market capitalization of $195.76 billion, a PE ratio of 108.
68, a price-to-earnings-growth ratio of 1.88 and a beta of 1.66.
The stock’s 50-day moving average price is $136.07 and its 200-day moving average price is $148.19.
The company has a quick ratio of 1.78, a current ratio of 2.50 and a debt-to-equity ratio of 0.
03. Advanced Micro Devices, Inc. has a 52 week low of $117.
90 and a 52 week high of $227.30. Advanced Micro Devices ( NASDAQ:AMD – Get Free Report ) last posted its quarterly earnings data on Tuesday, October 29th.
The semiconductor manufacturer reported $0.92 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.92.
Advanced Micro Devices had a net margin of 7.52% and a return on equity of 6.62%.
The company had revenue of $6.82 billion during the quarter, compared to analysts’ expectations of $6.71 billion.
During the same period in the prior year, the business posted $0.53 earnings per share. The firm’s revenue for the quarter was up 17.
6% on a year-over-year basis. As a group, equities analysts expect that Advanced Micro Devices, Inc. will post 2.
54 EPS for the current fiscal year. About Advanced Micro Devices ( Free Report ) 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. See Also Receive News & Ratings for Advanced Micro Devices Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advanced Micro Devices and related companies with MarketBeat.com's FREE daily email newsletter .
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