Advanced Micro Devices, Inc. (NASDAQ:AMD) Stock Holdings Trimmed by Voya Investment Management LLC

Voya Investment Management LLC trimmed its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 65.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 693,766 shares of the semiconductor manufacturer's stock after selling 1,326,599 shares during the period. Voya Investment Management LLC's holdings in Advanced Micro Devices were worth $83,767,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Segment Wealth Management LLC boosted its stake in Advanced Micro Devices by 0.5% during the fourth quarter. Segment Wealth Management LLC now owns 16,038 shares of the semiconductor manufacturer's stock worth $1,937,000 after buying an additional 87 shares during the last quarter. Breakwater Capital Group boosted its stake in Advanced Micro Devices by 5.2% during the fourth quarter. Breakwater Capital Group now owns 1,767 shares of the semiconductor manufacturer's stock worth $213,000 after buying an additional 88 shares during the last quarter. Koshinski Asset Management Inc. boosted its stake in Advanced Micro Devices by 1.9% during the fourth quarter. Koshinski Asset Management Inc. now owns 4,762 shares of the semiconductor manufacturer's stock worth $575,000 after buying an additional 91 shares during the last quarter. 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 worth $573,000 after buying an additional 92 shares during the last quarter. Finally, BSW Wealth Partners lifted its stake in shares of Advanced Micro Devices by 1.1% in the 4th quarter. BSW Wealth Partners now owns 8,843 shares of the semiconductor manufacturer's stock valued at $1,068,000 after purchasing an additional 94 shares during the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

AMD has been the topic of several recent analyst reports. Truist Financial set a $130.00 price target on Advanced Micro Devices in a research note on Wednesday, February 5th. Rosenblatt Securities reaffirmed a "buy" rating and issued a $250.00 price target on shares of Advanced Micro Devices in a research note on Tuesday, February 4th. Cantor Fitzgerald reiterated an "overweight" rating and issued a $180.00 price objective on shares of Advanced Micro Devices in a report on Monday. KeyCorp downgraded Advanced Micro Devices from an "overweight" rating to a "sector weight" rating in a report on Tuesday, April 8th. Finally, Evercore ISI cut their price objective on Advanced Micro Devices from $147.00 to $126.00 and set an "outperform" rating on the stock in a report on Thursday, April 17th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating, seventeen have issued a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $140.57.

Insider Buying and Selling at Advanced Micro Devices

In other news, EVP Mark D. Papermaster sold 17,500 shares of the stock in a transaction dated Tuesday, April 15th. The shares were sold at an average price of $95.47, for a total transaction of $1,670,725.00. Following the transaction, the executive vice president now owns 1,713,710 shares of the company's stock, valued at approximately $163,607,893.70. This trade represents a 1.01 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Philip Guido purchased 4,645 shares of Advanced Micro Devices stock in a transaction dated Friday, February 7th. The shares were bought at an average cost of $107.56 per share, for a total transaction of $499,616.20. Following the transaction, the executive vice president now directly owns 33,522 shares of the company's stock, valued at approximately $3,605,626.32. The trade was a 16.09 % increase in their position. The disclosure for this purchase can be found here. 0.06% of the stock is currently owned by corporate insiders.

Advanced Micro Devices Trading Down 0.3 %

Shares of AMD stock traded down $0.26 on Monday, reaching $96.39. 30,374,382 shares of the stock were exchanged, compared to its average volume of 42,764,878. The stock has a market cap of $155.79 billion, a P/E ratio of 97.36, a price-to-earnings-growth ratio of 1.11 and a beta of 1.89. The company has a quick ratio of 1.83, a current ratio of 2.62 and a debt-to-equity ratio of 0.03. The firm has a 50 day moving average of $98.72 and a two-hundred day moving average of $120.25. Advanced Micro Devices, Inc. has a 1-year low of $76.48 and a 1-year high of $187.28.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 earnings per share for the quarter, hitting analysts' consensus estimates of $1.07. Advanced Micro Devices had a net margin of 6.36% and a return on equity of 7.42%. On average, research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

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.