Generali Investments CEE investicni spolecnost a.s. Sells 44,601 Shares of Advanced Micro Devices, Inc. $AMD

Generali Investments CEE investicni spolecnost a.s. lessened its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMDFree Report) by 41.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 62,206 shares of the semiconductor manufacturer’s stock after selling 44,601 shares during the quarter. Advanced Micro Devices accounts for 0.9% of Generali Investments CEE investicni spolecnost a.s.’s holdings, making the stock its 22nd largest holding. Generali Investments CEE investicni spolecnost a.s.’s holdings in Advanced Micro Devices were worth $13,322,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in AMD. ORG Wealth Partners LLC lifted its holdings in Advanced Micro Devices by 39.7% during the third quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer’s stock valued at $26,000 after purchasing an additional 46 shares during the last quarter. Koesten Hirschmann & Crabtree INC. boosted its position in Advanced Micro Devices by 61.0% during the third quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer’s stock worth $26,000 after purchasing an additional 61 shares during the period. Aviso Financial Inc. increased its stake in shares of Advanced Micro Devices by 400.0% in the third quarter. Aviso Financial Inc. now owns 200 shares of the semiconductor manufacturer’s stock worth $32,000 after purchasing an additional 160 shares in the last quarter. Delos Wealth Advisors LLC increased its stake in shares of Advanced Micro Devices by 100.0% in the third quarter. Delos Wealth Advisors LLC now owns 200 shares of the semiconductor manufacturer’s stock worth $32,000 after purchasing an additional 100 shares in the last quarter. Finally, Evolution Wealth Management Inc. bought a new stake in shares of Advanced Micro Devices in the second quarter valued at approximately $34,000. Hedge funds and other institutional investors own 71.34% of the company’s stock.

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Insider Activity at Advanced Micro Devices

In related news, SVP Ava Hahn sold 2,442 shares of the company’s stock in a transaction on Friday, January 16th. The shares were sold at an average price of $234.42, for a total value of $572,453.64. Following the completion of the transaction, the senior vice president directly owned 16,359 shares in the company, valued at approximately $3,834,876.78. The trade was a 12.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Forrest Eugene Norrod sold 19,450 shares of the stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $216.81, for a total value of $4,216,954.50. Following the completion of the transaction, the executive vice president directly owned 289,098 shares in the company, valued at approximately $62,679,337.38. This represents a 6.30% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 239,392 shares of company stock worth $50,016,383. Corporate insiders own 0.06% of the company’s stock.

Advanced Micro Devices Stock Down 0.9%

Shares of NASDAQ AMD opened at $201.99 on Friday. The company has a current ratio of 2.85, a quick ratio of 2.01 and a debt-to-equity ratio of 0.04. The business has a 50-day moving average of $213.51 and a 200-day moving average of $212.73. The firm has a market capitalization of $329.33 billion, a price-to-earnings ratio of 76.22, a PEG ratio of 0.77 and a beta of 1.98. Advanced Micro Devices, Inc. has a 12 month low of $76.48 and a 12 month high of $267.08.

Advanced Micro Devices (NASDAQ:AMDGet Free Report) last announced its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share for the quarter, beating analysts’ consensus estimates of $1.32 by $0.21. Advanced Micro Devices had a net margin of 12.52% and a return on equity of 8.84%. The business had revenue of $10.27 billion for the quarter, compared to the consensus estimate of $9.65 billion. During the same period last year, the firm posted $1.09 earnings per share. Advanced Micro Devices’s quarterly revenue was up 34.1% on a year-over-year basis. Sell-side analysts expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts recently commented on AMD shares. China Renaissance started coverage on shares of Advanced Micro Devices in a research note on Tuesday, January 13th. They set a “buy” rating and a $291.00 price target on the stock. Weiss Ratings reiterated a “hold (c+)” rating on shares of Advanced Micro Devices in a research note on Monday, December 29th. TD Cowen reissued a “buy” rating on shares of Advanced Micro Devices in a report on Wednesday, February 25th. Citigroup restated a “neutral” rating on shares of Advanced Micro Devices in a research report on Thursday, January 15th. Finally, The Goldman Sachs Group raised their price target on Advanced Micro Devices from $210.00 to $240.00 and gave the stock a “neutral” rating in a report on Wednesday, February 25th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat, Advanced Micro Devices has an average rating of “Moderate Buy” and an average target price of $290.53.

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Advanced Micro Devices Profile

(Free Report)

Advanced Micro Devices, Inc (NASDAQ: AMD) is a global semiconductor company that designs and sells microprocessors, graphics processors, chipsets and adaptive computing solutions for a broad set of markets. The company’s product portfolio includes consumer and commercial CPUs under the Ryzen and Threadripper brands, data center processors under the EPYC brand, and Radeon graphics processing units for gaming and professional visualization. AMD also offers semi-custom system-on-chip (SoC) products for gaming consoles and other specialized applications, and provides supporting software and platform technologies for OEMs, cloud service providers and end users.

Founded in 1969, AMD has evolved from a supplier of logic chips into a diversified, fabless semiconductor designer.

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

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