Decker Retirement Planning Inc. Takes $60,000 Position in Advanced Micro Devices, Inc. (NASDAQ:AMD)

Decker Retirement Planning Inc. bought a new stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 500 shares of the semiconductor manufacturer’s stock, valued at approximately $60,000.

Other large investors have also recently modified their holdings of the company. State Street Corp lifted its position in Advanced Micro Devices by 2.3% during the 3rd quarter. State Street Corp now owns 70,170,271 shares of the semiconductor manufacturer’s stock valued at $11,513,538,000 after acquiring an additional 1,580,035 shares during the period. Geode Capital Management LLC lifted its position in Advanced Micro Devices by 1.3% during the 3rd quarter. Geode Capital Management LLC now owns 34,243,843 shares of the semiconductor manufacturer’s stock valued at $5,597,337,000 after acquiring an additional 441,924 shares during the period. Fisher Asset Management LLC lifted its position in Advanced Micro Devices by 2.8% during the 3rd quarter. Fisher Asset Management LLC now owns 23,795,236 shares of the semiconductor manufacturer’s stock valued at $3,904,323,000 after acquiring an additional 644,039 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Advanced Micro Devices by 8.7% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 19,472,211 shares of the semiconductor manufacturer’s stock valued at $3,195,000,000 after acquiring an additional 1,565,083 shares during the period. Finally, Legal & General Group Plc lifted its position in Advanced Micro Devices by 1.4% during the 2nd quarter. Legal & General Group Plc now owns 13,310,158 shares of the semiconductor manufacturer’s stock valued at $2,159,039,000 after acquiring an additional 188,580 shares during the period. Institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Price Performance

AMD stock opened at $118.44 on Friday. Advanced Micro Devices, Inc. has a one year low of $114.41 and a one year high of $227.30. The company’s fifty day moving average price is $131.09 and its 200-day moving average price is $145.76. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.78 and a current ratio of 2.50. The company has a market capitalization of $192.21 billion, a PE ratio of 106.70, a price-to-earnings-growth ratio of 1.03 and a beta of 1.66.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings results on Tuesday, October 29th. The semiconductor manufacturer reported $0.92 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.92. The company had revenue of $6.82 billion for the quarter, compared to the consensus estimate of $6.71 billion. Advanced Micro Devices had a net margin of 7.52% and a return on equity of 6.62%. Advanced Micro Devices’s revenue was up 17.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.53 earnings per share. On average, equities 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 several recent analyst reports. Wolfe Research cut shares of Advanced Micro Devices from an “outperform” rating to a “peer perform” rating in a report on Thursday. TD Cowen decreased their price objective on shares of Advanced Micro Devices from $185.00 to $150.00 and set a “buy” rating for the company in a report on Monday. StockNews.com cut shares of Advanced Micro Devices from a “hold” rating to a “sell” rating in a report on Tuesday. Mizuho decreased their price objective on shares of Advanced Micro Devices from $180.00 to $160.00 and set an “outperform” rating for the company in a report on Friday, January 10th. Finally, Loop Capital started coverage on shares of Advanced Micro Devices in a report on Tuesday. They set a “buy” rating and a $175.00 price objective for the company. Two 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 data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $178.61.

Insider Activity at Advanced Micro Devices

In other news, CEO Lisa T. Su sold 80,000 shares of the stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $143.87, for a total value of $11,509,600.00. Following the sale, the chief executive officer now owns 3,566,762 shares of the company’s stock, valued at approximately $513,150,048.94. This represents a 2.19 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Forrest Eugene Norrod sold 40,540 shares of the stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $141.67, for a total transaction of $5,743,301.80. Following the completion of the sale, the executive vice president now directly owns 293,347 shares in the company, valued at approximately $41,558,469.49. This represents a 12.14 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 197,036 shares of company stock valued at $28,165,821 over the last 90 days. 0.65% of the stock is owned by corporate insiders.

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.