Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares Sold by DE Burlo Group Inc.

DE Burlo Group Inc. trimmed its position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 8.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 245,285 shares of the semiconductor manufacturer's stock after selling 23,590 shares during the quarter. Advanced Micro Devices makes up 4.0% of DE Burlo Group Inc.'s investment portfolio, making the stock its 7th largest position. DE Burlo Group Inc.'s holdings in Advanced Micro Devices were worth $29,628,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of AMD. Segment Wealth Management LLC increased its holdings in shares of Advanced Micro Devices by 0.5% in the 4th quarter. Segment Wealth Management LLC now owns 16,038 shares of the semiconductor manufacturer's stock worth $1,937,000 after acquiring an additional 87 shares during the period. Breakwater Capital Group raised its stake in shares of Advanced Micro Devices by 5.2% in the 4th quarter. Breakwater Capital Group now owns 1,767 shares of the semiconductor manufacturer's stock worth $213,000 after buying an additional 88 shares in the last quarter. Koshinski Asset Management Inc. lifted its holdings in shares of Advanced Micro Devices by 1.9% in the fourth quarter. Koshinski Asset Management Inc. now owns 4,762 shares of the semiconductor manufacturer's stock valued at $575,000 after buying an additional 91 shares during the period. TFG Advisers LLC boosted its stake in Advanced Micro Devices by 2.0% during the fourth quarter. TFG Advisers LLC now owns 4,741 shares of the semiconductor manufacturer's stock valued at $573,000 after buying an additional 92 shares in the last quarter. Finally, BSW Wealth Partners raised its position in Advanced Micro Devices by 1.1% in the fourth quarter. BSW Wealth Partners now owns 8,843 shares of the semiconductor manufacturer's stock worth $1,068,000 after acquiring an additional 94 shares in the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Advanced Micro Devices

In other news, EVP Philip Guido acquired 4,645 shares of the firm's stock in a transaction that occurred on Friday, February 7th. The stock was purchased at an average price of $107.56 per share, for a total transaction of $499,616.20. Following the completion of the acquisition, the executive vice president now owns 33,522 shares in the company, valued at $3,605,626.32. This trade represents a 16.09 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Mark D. Papermaster sold 17,500 shares of the stock in a transaction on Tuesday, April 15th. The stock was sold at an average price of $95.47, for a total transaction of $1,670,725.00. Following the completion of the sale, the executive vice president now owns 1,713,710 shares in the company, valued at approximately $163,607,893.70. This trade represents a 1.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.06% of the company's stock.

Advanced Micro Devices Price Performance

Shares of Advanced Micro Devices stock traded down $0.75 during trading on Wednesday, reaching $95.31. The company's stock had a trading volume of 12,763,065 shares, compared to its average volume of 42,557,721. The company has a current ratio of 2.62, a quick ratio of 1.83 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $154.05 billion, a P/E ratio of 96.27, a price-to-earnings-growth ratio of 1.11 and a beta of 1.89. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $187.28. The stock has a 50-day moving average price of $97.99 and a two-hundred day moving average price of $119.58.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last issued its earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.07. Advanced Micro Devices had a net margin of 6.36% and a return on equity of 7.42%. As a group, sell-side analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently commented on AMD. Wedbush dropped their target price on shares of Advanced Micro Devices from $150.00 to $115.00 and set an "outperform" rating on the stock in a report on Wednesday, April 23rd. TD Cowen cut their price objective on Advanced Micro Devices from $135.00 to $110.00 and set a "buy" rating for the company in a research report on Wednesday, April 9th. Barclays cut their target price on Advanced Micro Devices from $140.00 to $110.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 22nd. Stifel Nicolaus set a $132.00 price objective on Advanced Micro Devices in a research report on Monday. Finally, Morgan Stanley set a $137.00 price target on shares of Advanced Micro Devices in a report on Wednesday, February 5th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating, seventeen have given a buy rating and three have issued a strong buy rating to the company's stock. According to data from MarketBeat, Advanced Micro Devices has an average rating of "Moderate Buy" and a consensus target price of $139.57.

Advanced Micro Devices 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.