Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares Sold by Regal Investment Advisors LLC

Regal Investment Advisors LLC reduced its position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 33.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 6,453 shares of the semiconductor manufacturer's stock after selling 3,268 shares during the period. Regal Investment Advisors LLC's holdings in Advanced Micro Devices were worth $779,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Segment Wealth Management LLC raised its position in shares of Advanced Micro Devices by 0.5% in the 4th quarter. Segment Wealth Management LLC now owns 16,038 shares of the semiconductor manufacturer's stock valued at $1,937,000 after purchasing an additional 87 shares during the last quarter. Breakwater Capital Group increased its stake in Advanced Micro Devices by 5.2% during the 4th quarter. Breakwater Capital Group now owns 1,767 shares of the semiconductor manufacturer's stock valued at $213,000 after purchasing an additional 88 shares in the last quarter. Koshinski Asset Management Inc. raised its holdings in shares of Advanced Micro Devices by 1.9% in 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 lifted its stake in shares of 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 period. Finally, BSW Wealth Partners grew its holdings in shares of Advanced Micro Devices by 1.1% during the fourth quarter. BSW Wealth Partners now owns 8,843 shares of the semiconductor manufacturer's stock valued at $1,068,000 after buying an additional 94 shares during the last quarter. Hedge funds and other institutional investors own 71.34% of the company's stock.

Insider Buying and Selling

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

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on AMD. TD Cowen reduced their target price on Advanced Micro Devices from $135.00 to $110.00 and set a "buy" rating for the company in a research note on Wednesday, April 9th. DZ Bank cut Advanced Micro Devices from a "buy" rating to a "hold" rating and set a $120.00 price objective for the company. in a research note on Friday, February 7th. Hsbc Global Res lowered Advanced Micro Devices from a "strong-buy" rating to a "moderate sell" rating in a research report on Wednesday, January 8th. Stifel Nicolaus reduced their price target on shares of Advanced Micro Devices from $200.00 to $162.00 and set a "buy" rating for the company in a research report on Wednesday, February 5th. Finally, Roth Capital set a $140.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, February 5th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating, seventeen have given a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat.com, Advanced Micro Devices has an average rating of "Moderate Buy" and an average price target of $144.90.

Advanced Micro Devices Price Performance

Shares of NASDAQ AMD traded down $0.79 during trading on Friday, hitting $87.50. The company had a trading volume of 34,685,670 shares, compared to its average volume of 43,016,706. The firm has a market capitalization of $141.42 billion, a price-to-earnings ratio of 88.38, a price-to-earnings-growth ratio of 1.11 and a beta of 1.89. The stock has a fifty day simple moving average of $100.93 and a two-hundred day simple moving average of $123.30. The company has a quick ratio of 1.83, a current ratio of 2.62 and a debt-to-equity ratio of 0.03. Advanced Micro Devices, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $187.28.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last issued its quarterly earnings results 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 net margin of 6.36% and a return on equity of 7.42%. On average, research analysts expect that Advanced Micro Devices, Inc. will post 3.87 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.