Charles Carroll Financial Partners LLC Buys 250 Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

Charles Carroll Financial Partners LLC lifted its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 2.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,575 shares of the semiconductor manufacturer’s stock after acquiring an additional 250 shares during the quarter. Advanced Micro Devices makes up 1.5% of Charles Carroll Financial Partners LLC’s holdings, making the stock its 21st biggest holding. Charles Carroll Financial Partners LLC’s holdings in Advanced Micro Devices were worth $1,412,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Bare Financial Services Inc acquired a new stake in Advanced Micro Devices during the fourth quarter worth approximately $29,000. Gables Capital Management Inc. acquired a new stake in Advanced Micro Devices in the fourth quarter valued at approximately $29,000. Kathleen S. Wright Associates Inc. acquired a new stake in Advanced Micro Devices in the fourth quarter valued at approximately $30,000. Addison Advisors LLC grew its stake in Advanced Micro Devices by 41.9% in the fourth quarter. Addison Advisors LLC now owns 210 shares of the semiconductor manufacturer’s stock valued at $31,000 after acquiring an additional 62 shares during the period. Finally, Peoples Bank KS acquired a new stake in Advanced Micro Devices in the third quarter valued at approximately $26,000. 71.34% of the stock is currently owned by institutional investors.

Insider Transactions at Advanced Micro Devices

In other news, EVP Mark D. Papermaster sold 16,200 shares of the company’s stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $177.57, for a total value of $2,876,634.00. Following the completion of the transaction, the executive vice president now directly owns 1,554,602 shares in the company, valued at approximately $276,050,677.14. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, CEO Lisa T. Su sold 125,000 shares of the business’s stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $195.13, for a total value of $24,391,250.00. Following the completion of the sale, the chief executive officer now owns 3,222,230 shares of the company’s stock, valued at approximately $628,753,739.90. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Mark D. Papermaster sold 16,200 shares of the business’s stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $177.57, for a total value of $2,876,634.00. Following the completion of the sale, the executive vice president now directly owns 1,554,602 shares of the company’s stock, valued at approximately $276,050,677.14. The disclosure for this sale can be found here. In the last three months, insiders sold 181,850 shares of company stock worth $34,637,833. 0.73% of the stock is currently owned by corporate insiders.

Advanced Micro Devices Price Performance

Advanced Micro Devices stock traded up $4.44 during midday trading on Friday, hitting $150.60. 49,361,081 shares of the company’s stock were exchanged, compared to its average volume of 55,429,640. The stock has a 50-day moving average price of $175.41 and a two-hundred day moving average price of $151.81. Advanced Micro Devices, Inc. has a 52-week low of $81.11 and a 52-week high of $227.30. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.86 and a current ratio of 2.64. The company has a market cap of $243.42 billion, a P/E ratio of 221.47, a PEG ratio of 2.36 and a beta of 1.66.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings data on Tuesday, April 30th. The semiconductor manufacturer reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.61 by $0.01. Advanced Micro Devices had a return on equity of 5.72% and a net margin of 4.89%. The firm had revenue of $5.47 billion during the quarter, compared to analysts’ expectations of $5.48 billion. During the same period in the prior year, the business earned $0.43 EPS. The company’s revenue for the quarter was up 2.2% compared to the same quarter last year. On average, equities research analysts forecast that Advanced Micro Devices, Inc. will post 2.63 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have commented on AMD. Melius Research raised Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $188.00 price objective for the company in a research note on Monday, January 8th. Morgan Stanley cut their target price on Advanced Micro Devices from $193.00 to $177.00 and set an “overweight” rating on the stock in a research report on Monday, April 29th. Raymond James cut Advanced Micro Devices from a “strong-buy” rating to an “outperform” rating and lifted their target price for the company from $190.00 to $195.00 in a research report on Tuesday, January 30th. Evercore ISI cut their target price on Advanced Micro Devices from $200.00 to $193.00 and set an “outperform” rating on the stock in a research report on Wednesday. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $175.00 target price (down previously from $195.00) on shares of Advanced Micro Devices in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and twenty-six have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $184.24.

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.