Apertura Capital LLC cut its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 68.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 400,000 shares of the semiconductor manufacturer’s stock after selling 850,000 shares during the quarter. Advanced Micro Devices accounts for about 1.0% of Apertura Capital LLC’s portfolio, making the stock its 18th largest position. Apertura Capital LLC’s holdings in Advanced Micro Devices were worth $5,100,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently made changes to their positions in AMD. K.J. Harrison & Partners Inc acquired a new stake in Advanced Micro Devices during the 2nd quarter worth approximately $125,000. First Personal Financial Services acquired a new stake in Advanced Micro Devices during the 3rd quarter worth approximately $127,000. Regal Investment Advisors LLC acquired a new stake in Advanced Micro Devices during the 2nd quarter worth approximately $137,000. Ausdal Financial Partners Inc. acquired a new stake in Advanced Micro Devices during the 3rd quarter worth approximately $139,000. Finally, Stratos Wealth Partners LTD. acquired a new stake in Advanced Micro Devices during the 3rd quarter worth approximately $139,000. 58.63% of the stock is currently owned by institutional investors.

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AMD has been the topic of a number of recent analyst reports. BMO Capital Markets downgraded shares of Advanced Micro Devices from an “outperform” rating to a “market perform” rating and set a $15.00 price target on the stock. in a research report on Wednesday, July 26th. Barclays PLC restated an “underweight” rating and issued a $9.00 price target on shares of Advanced Micro Devices in a research report on Thursday, August 10th. Wells Fargo & Company restated an “outperform” rating on shares of Advanced Micro Devices in a research report on Wednesday, August 23rd. Susquehanna Bancshares Inc restated a “neutral” rating and issued a $15.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, September 20th. Finally, Stifel Nicolaus restated a “hold” rating and issued a $11.00 price target on shares of Advanced Micro Devices in a research report on Saturday, July 22nd. Six equities research analysts have rated the stock with a sell rating, sixteen have given a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $14.05.

In related news, CEO Lisa T. Su sold 325,000 shares of the business’s stock in a transaction dated Tuesday, September 12th. The shares were sold at an average price of $12.46, for a total value of $4,049,500.00. Following the transaction, the chief executive officer now directly owns 2,037,139 shares of the company’s stock, valued at approximately $25,382,751.94. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Lisa T. Su sold 125,000 shares of the business’s stock in a transaction dated Monday, August 21st. The stock was sold at an average price of $12.18, for a total transaction of $1,522,500.00. Following the completion of the transaction, the chief executive officer now directly owns 2,037,139 shares in the company, valued at $24,812,353.02. The disclosure for this sale can be found here. Insiders sold a total of 1,312,587 shares of company stock worth $16,030,861 over the last three months. 1.60% of the stock is owned by insiders.

Shares of Advanced Micro Devices, Inc. (NASDAQ AMD) traded up $0.18 during trading hours on Friday, hitting $11.25. 31,800,400 shares of the company were exchanged, compared to its average volume of 68,410,477. The company has a current ratio of 1.70, a quick ratio of 1.20 and a debt-to-equity ratio of 2.61. Advanced Micro Devices, Inc. has a 52 week low of $7.77 and a 52 week high of $15.65.

About Advanced Micro Devices

Advanced Micro Devices, Inc is a global semiconductor company. The Company is engaged in offering x86 microprocessors, as standalone devices or as incorporated into an accelerated processing unit (APU), chipsets, discrete graphics processing units (GPUs) and professional graphics, and server and embedded processors and semi-custom System-on-Chip (SoC) products and technology for game consoles.

Institutional Ownership by Quarter for Advanced Micro Devices (NASDAQ:AMD)

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