B & T Capital Management DBA Alpha Capital Management Has $233,000 Position in Advanced Micro Devices, Inc. (NASDAQ:AMD)

B & T Capital Management DBA Alpha Capital Management decreased its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 9.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,929 shares of the semiconductor manufacturer’s stock after selling 199 shares during the quarter. B & T Capital Management DBA Alpha Capital Management’s holdings in Advanced Micro Devices were worth $233,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the business. Bradley Foster & Sargent Inc. CT boosted its holdings in shares of Advanced Micro Devices by 2.1% during the second quarter. Bradley Foster & Sargent Inc. CT now owns 6,729 shares of the semiconductor manufacturer’s stock worth $1,092,000 after purchasing an additional 141 shares during the period. Richardson Financial Services Inc. lifted its position in Advanced Micro Devices by 45.1% in the 2nd quarter. Richardson Financial Services Inc. now owns 515 shares of the semiconductor manufacturer’s stock worth $84,000 after buying an additional 160 shares in the last quarter. ProVise Management Group LLC acquired a new stake in shares of Advanced Micro Devices during the 2nd quarter valued at $399,000. Brighton Jones LLC grew its holdings in shares of Advanced Micro Devices by 18.5% during the 2nd quarter. Brighton Jones LLC now owns 28,265 shares of the semiconductor manufacturer’s stock valued at $4,585,000 after acquiring an additional 4,404 shares in the last quarter. Finally, Ieq Capital LLC increased its stake in shares of Advanced Micro Devices by 10.8% in the second quarter. Ieq Capital LLC now owns 96,038 shares of the semiconductor manufacturer’s stock worth $15,578,000 after acquiring an additional 9,363 shares during the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.

Advanced Micro Devices Stock Performance

Advanced Micro Devices stock opened at $121.46 on Friday. The firm has a market capitalization of $197.11 billion, a P/E ratio of 109.42, a P/E/G ratio of 1.03 and a beta of 1.66. The stock has a fifty day moving average price of $130.47 and a two-hundred day moving average price of $145.58. Advanced Micro Devices, Inc. has a 52-week low of $114.41 and a 52-week high of $227.30. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.50 and a quick ratio of 1.78.

Advanced Micro Devices (NASDAQ:AMD) last announced its earnings results on Tuesday, October 29th. The semiconductor manufacturer reported $0.92 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.92. The business had revenue of $6.82 billion during the quarter, compared to analysts’ expectations of $6.71 billion. Advanced Micro Devices had a net margin of 7.52% and a return on equity of 6.62%. The firm’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same quarter last year, the company posted $0.53 EPS. As a group, analysts anticipate that Advanced Micro Devices, Inc. will post 2.54 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

AMD has been the subject of a number of research reports. TD Cowen reduced their price objective on Advanced Micro Devices from $185.00 to $150.00 and set a “buy” rating for the company in a research report on Monday, January 13th. StockNews.com cut Advanced Micro Devices from a “hold” rating to a “sell” rating in a research note on Tuesday. Barclays cut their price objective on shares of Advanced Micro Devices from $170.00 to $140.00 and set an “overweight” rating on the stock in a research report on Friday. Citigroup decreased their target price on shares of Advanced Micro Devices from $210.00 to $200.00 and set a “buy” rating for the company in a research report on Wednesday, October 30th. Finally, Wolfe Research downgraded shares of Advanced Micro Devices from an “outperform” rating to a “peer perform” rating in a report on Thursday. Two research analysts have rated the stock with a sell rating, six have issued a hold rating, twenty-two have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Advanced Micro Devices presently has a consensus rating of “Moderate Buy” and an average target price of $178.61.

Insider Activity

In other news, CEO Lisa T. Su sold 80,000 shares of the firm’s stock in a transaction 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 in the company, valued at approximately $513,150,048.94. This trade represents a 2.19 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Forrest Eugene Norrod sold 40,540 shares of the company’s 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 transaction, the executive vice president now owns 293,347 shares in the company, valued at approximately $41,558,469.49. This trade represents a 12.14 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 197,036 shares of company stock worth $28,165,821. Insiders own 0.65% of the company’s stock.

About Advanced Micro Devices

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.