Roundview Capital LLC reduces stake in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Roundview Capital LLC reduced its holdings in Advanced Micro Devices, Inc., according to its most recent Form 13F filing with the Securities and Exchange Commission. (NASDAQ:AMD – Free Report) up 71.7% in the fourth quarter. The fund owned 4,961 shares of the semiconductor maker after selling 12,571 shares during the period. Roundview Capital LLC’s stake in Advanced Micro Devices was worth $731,000, according to its most recent SEC filing.

Several other large investors have also recently adjusted their holdings in the stock. Chase Investment Counsel Corp increased its position in shares of Advanced Micro Devices by 0.7% during the fourth quarter. Chase Investment Counsel Corp now owns 12,025 shares of the semiconductor maker’s stock valued at $1,772,000 after purchasing an additional 87 shares in the last quarter. Washburn Capital Management Inc. purchased a new stake in shares of Advanced Micro Devices during the fourth quarter worth $231,000. Pathway Financial Advisors LLC acquired a new position in shares of Advanced Micro Devices during the 4th quarter worth $229,000. Independence Bank of Kentucky increased its position in the Advanced Micro Devices segment by 84.1% during the fourth quarter. Independence Bank of Kentucky now owns 3,671 shares of the semiconductor maker’s stock valued at $541,000 after purchasing an additional 1,677 shares in the last quarter. Finally, Fortis Capital Advisors LLC increased its position in shares of Advanced Micro Devices by 137.8% during the 4th quarter. Fortis Capital Advisors LLC now owns 12,485 shares of the semiconductor maker’s stock valued at $1,840,000 after acquiring an additional 7,235 shares in the last quarter. Hedge funds and other institutional investors hold 71.34% of the company’s shares.

Advanced micro device inventory performance

AMD opened at $165.95 on Friday. The company has a 50-day moving average of $163.04 and a two-hundred-day moving average of $159.16. The company has a market capitalization of $268.23 billion, a PE ratio of 245.22, a P/E/G ratio of 1.90 and a beta of 1.66. The company has a current ratio of 2.64, a quick ratio of 1.92 and a debt-to-equity ratio of 0.03. Advanced Micro Devices, Inc. it has a 12 month low of $93.11 and a 12 month high of $227.30.

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 (EPS) for the quarter, $0.01 above the analyst consensus of $0.61. The company had revenue of $5.47 billion for the quarter, compared to the consensus estimate of $5.48 billion. Advanced Micro Devices had a net margin of 4.89% and a return on equity of 5.72%. The company’s quarterly revenue increased 2.2% year-over-year. During the same period last year, the company reported earnings per share of $0.43. On average, analysts predict that Advanced Micro Devices, Inc. it will record 2.62 EPS for the current year.

Changes in analyst ratings

Many analysts have recently commented on AMD stock. Citigroup lowered their target price on shares of Advanced Micro Devices from $192.00 to $176.00 and set a “buy” rating on the stock in a report on Wednesday, May 1st. DZ Bank upgraded Advanced Micro Devices from a “hold” to a “buy” and set a price target for the company’s shares at USD 190.00 in a research note on Tuesday, May 7. Morgan Stanley lowered their target price on Advanced Micro Devices from $193.00 to $177.00 and gave the company an “overweight” rating in a research report on Monday, April 29. Rosenblatt Securities affirmed a “buy” rating and set a $250.00 price target on shares of Advanced Micro Devices on Wednesday, May 1st. Finally, KeyCorp lowered their target price on shares of Advanced Micro Devices from $270.00 to $230.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 1st. One equity research analyst rated the stock with a sell rating, two rated the stock with a hold rating, and twenty-eight rated the stock with a buy rating. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $185.26.

Check out our latest stock report on advanced micro devices

Confidential activity

In other Advanced Micro Devices news, Director Joseph A. Householder sold 6,572 shares of the company’s stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $208.08, for a total value of $1,367,501.76. Following the completion of the transaction, the director now owns 2,197 shares of the company’s stock valued at $457,151.76. The sale was disclosed in a legal document filed with the Securities and Exchange Commission, which is available at this hyperlink. In other news, VP Mark D. Papermaster sold 16,200 shares of the company’s stock in a transaction that occurred on Friday, March 15th. The shares were sold at an average price of $186.73, for a total value of $3,025,026.00. Following the transaction, the executive vice president now owns 1,554,602 shares of the company’s stock valued at $290,290,831.46. The transaction was disclosed in a document filed with the SEC, which can be accessed at this hyperlink. Additionally, Director Joseph A. Householder sold 6,572 shares of the company’s stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $208.08, for a total value of $1,367,501.76. Following the sale, the director now owns 2,197 shares of the company’s stock valued at $457,151.76. The announcement of this sale can be found here. Over the last three months, insiders sold a total of 163,972 shares of company stock worth $31,444,628. Currently, corporate insiders own 0.73% of the shares.

About advanced micro devices

(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 x86 microprocessors and 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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