Fi3 FINANCIAL ADVISORS LLC Has $321,000 Holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Fi3 FINANCIAL ADVISORS LLC increased its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 3.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,178 shares of the semiconductor manufacturer’s stock after buying an additional 72 shares during the period. Fi3 FINANCIAL ADVISORS LLC’s holdings in Advanced Micro Devices were worth $321,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bare Financial Services Inc acquired a new stake in shares of Advanced Micro Devices in the fourth quarter valued at approximately $29,000. Gables Capital Management Inc. acquired a new position in shares of Advanced Micro Devices in the fourth quarter valued at $29,000. Kathleen S. Wright Associates Inc. bought a new position in shares of Advanced Micro Devices in the fourth quarter valued at about $30,000. Addison Advisors LLC lifted its stake in shares of Advanced Micro Devices by 41.9% during the 4th quarter. Addison Advisors LLC now owns 210 shares of the semiconductor manufacturer’s stock worth $31,000 after buying an additional 62 shares during the last quarter. Finally, Peoples Bank KS bought a new stake in shares of Advanced Micro Devices during the 3rd quarter worth about $26,000. 71.34% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, CAO Darla M. Smith sold 1,678 shares of the company’s stock in a transaction on Thursday, February 29th. The shares were sold at an average price of $188.66, for a total value of $316,571.48. Following the sale, the chief accounting officer now directly owns 4,209 shares of the company’s stock, valued at approximately $794,069.94. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other Advanced Micro Devices news, CAO Darla M. Smith sold 1,678 shares of the business’s stock in a transaction that occurred on Thursday, February 29th. The stock was sold at an average price of $188.66, for a total value of $316,571.48. Following the transaction, the chief accounting officer now directly owns 4,209 shares of the company’s stock, valued at $794,069.94. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Joseph A. Householder sold 6,572 shares of the firm’s stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $208.08, for a total transaction of $1,367,501.76. Following the sale, the director now directly owns 2,197 shares of the company’s stock, valued at approximately $457,151.76. The disclosure for this sale can be found here. Insiders have sold a total of 181,850 shares of company stock valued at $34,637,833 over the last 90 days. 0.73% of the stock is owned by insiders.

Analyst Ratings Changes

AMD has been the subject of several research reports. UBS Group cut their price objective on shares of Advanced Micro Devices from $205.00 to $200.00 and set a “buy” rating for the company in a research report on Wednesday. Northland Securities raised Advanced Micro Devices from a “market perform” rating to an “outperform” rating and set a $195.00 price objective on the stock in a report on Wednesday, January 31st. Wedbush reiterated an “outperform” rating and set a $200.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday. The Goldman Sachs Group boosted their target price on shares of Advanced Micro Devices from $157.00 to $180.00 and gave the company a “buy” rating in a research report on Wednesday, January 31st. Finally, Barclays raised their price target on shares of Advanced Micro Devices from $200.00 to $235.00 and gave the stock an “overweight” rating in a research report on Monday, March 4th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-six have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $184.24.

Advanced Micro Devices Price Performance

Shares of NASDAQ AMD traded up $4.44 during mid-day trading on Friday, hitting $150.60. 49,361,081 shares of the stock traded hands, compared to its average volume of 55,429,640. Advanced Micro Devices, Inc. has a twelve month low of $81.11 and a twelve month high of $227.30. The firm has a 50 day simple moving average of $175.41 and a two-hundred day simple moving average of $151.81. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.64 and a quick ratio of 1.86. The company has a market cap of $243.42 billion, a PE ratio of 221.47, a price-to-earnings-growth ratio of 2.29 and a beta of 1.66.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings results on Tuesday, April 30th. The semiconductor manufacturer reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.01. The company had revenue of $5.47 billion for the quarter, compared to analysts’ expectations of $5.48 billion. Advanced Micro Devices had a return on equity of 5.72% and a net margin of 4.89%. The business’s quarterly revenue was up 2.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.43 earnings per share. As a group, equities research analysts forecast that Advanced Micro Devices, Inc. will post 2.59 EPS for the current fiscal 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.