City Holding Co. Has $3.79 Million Stock Holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD)

City Holding Co. trimmed its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 13.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 31,367 shares of the semiconductor manufacturer's stock after selling 4,857 shares during the period. City Holding Co.'s holdings in Advanced Micro Devices were worth $3,789,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in AMD. Creative Capital Management Investments LLC grew its stake in Advanced Micro Devices by 124.6% during the third quarter. Creative Capital Management Investments LLC now owns 155 shares of the semiconductor manufacturer's stock worth $25,000 after buying an additional 86 shares during the period. ZRC Wealth Management LLC boosted its position in Advanced Micro Devices by 90.4% during the 3rd quarter. ZRC Wealth Management LLC now owns 158 shares of the semiconductor manufacturer's stock worth $26,000 after purchasing an additional 75 shares during the period. Global Wealth Strategies & Associates acquired a new stake in Advanced Micro Devices in the 4th quarter valued at $26,000. Retirement Wealth Solutions LLC purchased a new position in Advanced Micro Devices in the fourth quarter valued at about $32,000. Finally, Abich Financial Wealth Management LLC lifted its stake in shares of Advanced Micro Devices by 101.8% during the second quarter. Abich Financial Wealth Management LLC now owns 220 shares of the semiconductor manufacturer's stock worth $36,000 after purchasing an additional 111 shares in the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

AMD has been the subject of a number of recent research reports. Cantor Fitzgerald reiterated an "overweight" rating and issued a $180.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, October 30th. Wells Fargo & Company lowered their price objective on shares of Advanced Micro Devices from $205.00 to $165.00 and set an "overweight" rating for the company in a research report on Monday, January 13th. Piper Sandler reissued an "overweight" rating and set a $180.00 target price (down from $200.00) on shares of Advanced Micro Devices in a research report on Wednesday, October 30th. Morgan Stanley lowered their price target on shares of Advanced Micro Devices from $169.00 to $158.00 and set an "equal weight" rating for the company in a report on Friday, December 20th. Finally, TD Cowen cut their price objective on shares of Advanced Micro Devices from $185.00 to $150.00 and set a "buy" rating on the stock in a report on Monday, January 13th. Two analysts have rated the stock with a sell rating, six have issued a hold rating, twenty-two have issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $178.61.

Insider Activity at Advanced Micro Devices

In other news, EVP Forrest Eugene Norrod sold 40,540 shares of the business's stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $141.67, for a total value of $5,743,301.80. Following the sale, the executive vice president now owns 293,347 shares of the company's stock, valued at approximately $41,558,469.49. The trade was a 12.14 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Lisa T. Su sold 76,496 shares of the firm's 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 transaction, the chief executive officer now directly owns 3,566,762 shares of the company's stock, valued at $508,834,266.92. This represents a 2.10 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 197,036 shares of company stock worth $28,165,821 in the last 90 days. Corporate insiders own 0.73% of the company's stock.

Advanced Micro Devices Stock Performance

Shares of NASDAQ AMD traded up $3.02 during midday trading on Monday, hitting $121.46. 35,556,654 shares of the company's stock were exchanged, compared to its average volume of 34,940,360. Advanced Micro Devices, Inc. has a twelve month low of $114.41 and a twelve month high of $227.30. The firm has a market cap of $197.11 billion, a P/E ratio of 109.42, a PEG ratio of 1.03 and a beta of 1.66. The stock's 50 day moving average price is $129.94 and its 200-day moving average price is $145.06. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.50 and a quick ratio of 1.78.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its quarterly earnings results on Tuesday, October 29th. The semiconductor manufacturer reported $0.92 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.92. The company had revenue of $6.82 billion during the quarter, compared to analyst estimates of $6.71 billion. Advanced Micro Devices had a return on equity of 6.62% and a net margin of 7.52%. The firm's quarterly revenue was up 17.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.53 EPS. Equities research analysts anticipate that Advanced Micro Devices, Inc. will post 2.54 EPS for the current year.

Advanced Micro Devices Company 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.