Jump Financial LLC Sells 13,667 Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

Jump Financial LLC lowered its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 64.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,587 shares of the semiconductor manufacturer's stock after selling 13,667 shares during the quarter. Jump Financial LLC's holdings in Advanced Micro Devices were worth $916,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the company. Howard Capital Management Group LLC increased its stake in shares of Advanced Micro Devices by 21.6% during the 3rd quarter. Howard Capital Management Group LLC now owns 1,827 shares of the semiconductor manufacturer's stock worth $300,000 after purchasing an additional 324 shares during the last quarter. Principal Financial Group Inc. raised its stake in shares of Advanced Micro Devices by 30.2% in the third quarter. Principal Financial Group Inc. now owns 2,537,968 shares of the semiconductor manufacturer's stock valued at $416,430,000 after buying an additional 588,595 shares during the period. Advisory Resource Group lifted its position in shares of Advanced Micro Devices by 19.3% during the 3rd quarter. Advisory Resource Group now owns 7,920 shares of the semiconductor manufacturer's stock valued at $1,300,000 after buying an additional 1,282 shares during the last quarter. Westside Investment Management Inc. grew its stake in shares of Advanced Micro Devices by 1.9% during the 3rd quarter. Westside Investment Management Inc. now owns 5,407 shares of the semiconductor manufacturer's stock worth $815,000 after acquiring an additional 103 shares during the period. Finally, Anchor Investment Management LLC increased its holdings in Advanced Micro Devices by 29.6% in the 3rd quarter. Anchor Investment Management LLC now owns 7,673 shares of the semiconductor manufacturer's stock worth $1,259,000 after acquiring an additional 1,754 shares during the last quarter. Institutional investors own 71.34% of the company's stock.

Advanced Micro Devices Stock Up 4.4 %

NASDAQ AMD traded up $4.02 during trading hours on Thursday, reaching $94.41. 27,976,937 shares of the company's stock traded hands, compared to its average volume of 42,866,246. Advanced Micro Devices, Inc. has a 52-week low of $76.48 and a 52-week high of $187.28. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.62 and a quick ratio of 1.83. The firm has a 50-day simple moving average of $99.44 and a 200 day simple moving average of $121.95. The firm has a market cap of $152.59 billion, a PE ratio of 95.36, a PEG ratio of 1.11 and a beta of 1.89.

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

Insiders Place Their Bets

In related news, EVP Philip Guido bought 4,645 shares of the stock in a transaction on Friday, February 7th. The shares were acquired at an average price of $107.56 per share, for a total transaction of $499,616.20. Following the purchase, the executive vice president now 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Mark D. Papermaster sold 17,500 shares of the firm's stock in a transaction that occurred on Tuesday, April 15th. The stock was sold at an average price of $95.47, for a total transaction of $1,670,725.00. Following the completion of the sale, the executive vice president now owns 1,713,710 shares in the company, valued at $163,607,893.70. This represents a 1.01 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.06% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Barclays cut their target price on shares of Advanced Micro Devices from $140.00 to $110.00 and set an "overweight" rating for the company in a research report on Tuesday. Sanford C. Bernstein cut their price objective on shares of Advanced Micro Devices from $125.00 to $95.00 and set a "market perform" rating for the company in a report on Tuesday. Morgan Stanley set a $137.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, February 5th. Argus set a $160.00 target price on Advanced Micro Devices in a research report on Thursday, February 6th. Finally, Roth Capital set a $140.00 price target on Advanced Micro Devices in a research report on Wednesday, February 5th. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating, seventeen have assigned a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $140.57.

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.