Krilogy Financial LLC Decreases Stake in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Krilogy Financial LLC reduced its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 21.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,758 shares of the semiconductor manufacturer's stock after selling 5,538 shares during the period. Krilogy Financial LLC's holdings in Advanced Micro Devices were worth $2,507,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in AMD. Creative Capital Management Investments LLC boosted its position in shares of Advanced Micro Devices by 124.6% during the 3rd quarter. Creative Capital Management Investments LLC now owns 155 shares of the semiconductor manufacturer's stock worth $25,000 after acquiring an additional 86 shares in the last quarter. ZRC Wealth Management LLC boosted its holdings in shares of Advanced Micro Devices by 90.4% in the 3rd quarter. ZRC Wealth Management LLC now owns 158 shares of the semiconductor manufacturer's stock valued at $26,000 after purchasing an additional 75 shares in the last quarter. Global Wealth Strategies & Associates bought a new position in shares of Advanced Micro Devices in the 4th quarter valued at $26,000. Abich Financial Wealth Management LLC raised its holdings in shares of Advanced Micro Devices by 101.8% during the 2nd quarter. Abich Financial Wealth Management LLC now owns 220 shares of the semiconductor manufacturer's stock worth $36,000 after buying an additional 111 shares in the last quarter. Finally, FSA Wealth Management LLC bought a new stake in shares of Advanced Micro Devices during the 3rd quarter worth $41,000. Institutional investors own 71.34% of the company's stock.

Analyst Ratings Changes

AMD has been the topic of a number of recent analyst reports. Morgan Stanley decreased their target price on Advanced Micro Devices from $169.00 to $158.00 and set an "equal weight" rating on the stock in a research report on Friday, December 20th. Hsbc Global Res cut shares of Advanced Micro Devices from a "strong-buy" rating to a "moderate sell" rating in a research report on Wednesday, January 8th. UBS Group cut their target price on shares of Advanced Micro Devices from $210.00 to $205.00 and set a "buy" rating on the stock in a research report on Wednesday, October 30th. KeyCorp lowered their price target on shares of Advanced Micro Devices from $220.00 to $150.00 and set an "overweight" rating for the company in a report on Tuesday, January 14th. Finally, Rosenblatt Securities reissued a "buy" rating and set a $250.00 price objective on shares of Advanced Micro Devices in a report on Monday, October 28th. Two equities research 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 assigned a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $178.61.

Insider Activity

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 40,540 shares of Advanced Micro Devices stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $141.67, for a total transaction of $5,743,301.80. Following the completion of the transaction, the executive vice president now owns 293,347 shares in the company, valued at approximately $41,558,469.49. The trade was a 12.14 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Lisa T. Su sold 80,000 shares of the stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $143.87, for a total value of $11,509,600.00. Following the completion of the sale, the chief executive officer now directly owns 3,566,762 shares of the company's stock, valued at approximately $513,150,048.94. This trade represents a 2.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 197,036 shares of company stock worth $28,165,821 over the last quarter. 0.65% of the stock is currently owned by corporate insiders.

Advanced Micro Devices Stock Up 2.5 %

NASDAQ AMD traded up $3.02 on Friday, hitting $121.46. 35,556,654 shares of the company were exchanged, compared to its average volume of 34,940,360. The company has a current ratio of 2.50, a quick ratio of 1.78 and a debt-to-equity ratio of 0.03. The company has a market cap of $197.11 billion, a PE ratio of 109.42, a PEG ratio of 1.03 and a beta of 1.66. The stock has a fifty day moving average of $129.94 and a 200-day moving average of $145.19. Advanced Micro Devices, Inc. has a 12 month low of $114.41 and a 12 month high of $227.30.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last issued its earnings results on Tuesday, October 29th. The semiconductor manufacturer reported $0.92 EPS for the quarter, meeting the consensus estimate of $0.92. Advanced Micro Devices had a return on equity of 6.62% and a net margin of 7.52%. The company had revenue of $6.82 billion during the quarter, compared to the consensus estimate of $6.71 billion. During the same period last year, the business posted $0.53 EPS. The firm's revenue for the quarter was up 17.6% compared to the same quarter last year. As a group, analysts forecast that Advanced Micro Devices, Inc. will post 2.54 earnings per share 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.