Greenwood Capital Associates LLC has a $7.30 million position in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Greenwood Capital Associates LLC increased its stake in Advanced Micro Devices, Inc., according to its latest Form 13F filing with the Securities and Exchange Commission. (NASDAQ:AMD – Free Report) up 1.1% in the fourth quarter. The company owned 49,521 shares of the semiconductor maker’s stock after purchasing an additional 554 shares during the quarter. Greenwood Capital Associates LLC’s stake in Advanced Micro Devices was worth $7,300,000, according to its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Spartan Planning & Wealth Management acquired a new stake in shares of Advanced Micro Devices during the 3rd quarter valued at $27,000. Northwest Bank & Trust Co purchased a new position in shares of Advanced Micro Devices during the fourth quarter worth approximately $28,000. Bare Financial Services Inc purchased a new position in Advanced Micro Devices during the 4th quarter worth approximately $29,000. MeadowBrook Investment Advisors LLC bought a new stake in Advanced Micro Devices during the 4th quarter worth approximately $29,000. Finally, in the fourth quarter, Gables Capital Management Inc. purchased new shares of Advanced Micro Devices worth approximately $29,000. 71.34% of the shares are in the hands of institutional investors.

The turnover of advanced micro devices decreased by 0.2%

On Monday, AMD shares closed at $159.63. The market capitalization of the company’s stock is $258.01 billion, the P/E ratio is 234.75, the PEG ratio is 1.84 and the beta is 1.69. Advanced Micro Devices, Inc. it has a twelve month low of $93.11 and a twelve month high of $227.30. 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 company has a fifty-day simple moving average of $159.73 and a two-hundred-day simple moving average of $162.94.

Advanced Micro Devices ( NASDAQ:AMD – Get Free Report ) last released its earnings results on Tuesday, April 30th. The semiconductor maker reported $0.62 earnings per share for the quarter, which was $0.01 ahead of analysts’ consensus estimates of $0.61. Advanced Micro Devices had a net margin of 4.89% and a return on equity of 5.72%. The company had revenue of $5.47 billion for the quarter, compared to analyst estimates of $5.48 billion. During the same period last year, the company reported earnings per share of $0.43. Advanced Micro Devices’ revenue in the quarter increased 2.2% year-over-year. Analysts predict that on average, Advanced Micro Devices, Inc. will record 2.61 EPS.

A Wall Street analyst weighs in

AMD has been the subject of numerous reports from research analysts. Rosenblatt Securities maintained a “buy” rating on shares of Advanced Micro Devices and set a $250.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, May 1st. Piper Sandler restated an “overweight” rating and set a $175.00 price target (down from $195.00) on shares of Advanced Micro Devices on Wednesday, May 1st. Truist Financial lowered their target price on Advanced Micro Devices from $174.00 to $162.00 and set a “hold” rating for the company in a research report on Wednesday, May 1st. Mizuho lowered their target price on shares of Advanced Micro Devices from $235.00 to $215.00 and set a “buy” rating on the stock in a report on Wednesday, May 1st. Finally, in Saturday’s research report, StockNews.com downgraded Advanced Micro Devices from “hold” to “sell.” One analyst rated the company’s shares with a sell rating, three with a hold rating, and twenty-seven gave a buy rating. The stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $190.83, according to MarketBeat data.

View our latest stock report on advanced micro devices

Advanced Micro Devices Confidential Transactions

In related news, Vice President Mark D. Papermaster sold 16,200 shares of Advanced Micro Devices stock in a transaction on Monday, April 15th. The shares were sold at an average price of $164.25 for a total value of $2,660,850.00. Following the sale, the executive vice president now owns 1,554,602 shares of the company’s stock valued at $255,343,378.50. The transaction was disclosed in a document filed with the SEC, which can be accessed at this hyperlink. Corporate insiders own 0.73% of the company’s shares.

Advanced Micro Devices company profile

(free report)

Advanced Micro Devices, Inc operates as a semiconductor manufacturing company worldwide. It operates in the Data Center, Client, Gaming and Embedded segments. The company offers microprocessors and x86 graphics processing units (GPUs) as accelerated processing units, chipsets, data center and professional graphics processors; and embedded processors, semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technologies, data processing units, field-programmable gate arrays (FPGAs), and adaptive SoC products.

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