<div id="readability-page-1"><p>Cooper Financial Group cut its stake in  Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 49.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor  owned 4,935 shares of the semiconductor manufacturer's stock after selling 4,819 shares during the quarter. Cooper Financial Group's holdings in Advanced Micro Devices were worth $507,000 at the end of the most recent reporting period.</p><div><p><span></span><span>Get <strong>Advanced Micro Devices</strong> alerts:</span></p></div><ul><li>MarketBeat Week in Review – 08/04 - 08/08</li></ul><p>Other hedge funds and other institutional investors have also recently bought and sold shares of the company. American Alpha Advisors LLC purchased a new position in  Advanced Micro Devices in the 1st quarter worth approximately $518,000.  Entropy Technologies LP purchased a new position in  Advanced Micro Devices in the 1st quarter worth approximately $943,000.  Invesco Ltd. lifted its stake in  Advanced Micro Devices by 4.0% in the 1st quarter. Invesco Ltd. now owns 11,819,012 shares of the semiconductor manufacturer's stock worth $1,214,285,000 after purchasing an additional 450,695 shares in the last quarter.  Fiduciary Family Office LLC purchased a new position in  Advanced Micro Devices in the 1st quarter worth approximately $471,000.  Finally, Frank Rimerman Advisors LLC lifted its stake in  Advanced Micro Devices by 44.8% in the 1st quarter. Frank Rimerman Advisors LLC now owns 31,381 shares of the semiconductor manufacturer's stock worth $3,224,000 after purchasing an additional 9,703 shares in the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors. </p><h2>Insiders Place Their Bets</h2><p>In related news, EVP Mark D. Papermaster sold 17,998 shares of the business's stock in a transaction on Tuesday, July 15th. The shares were sold at an average price of $155.03, for a total value of $2,790,229.94. Following the completion of the sale, the executive vice president directly owned 1,713,710 shares of the company's stock, valued at $265,676,461.30. The trade was a 1.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is available at this hyperlink. 0.06% of the stock is currently owned by company insiders. </p><h2>Analysts Set New Price Targets</h2><ul><li>How DigitalOcean's Focus Is Fueling Explosive Growth</li></ul><p>A number of research firms have weighed in on AMD. Robert W. Baird decreased their target price on shares of Advanced Micro Devices from $175.00 to $140.00 and set an &#34;outperform&#34; rating on the stock in a research note on Wednesday, May 7th. Erste Group Bank upgraded shares of Advanced Micro Devices from a &#34;hold&#34; rating to a &#34;buy&#34; rating in a report on Wednesday, July 23rd. Raymond James Financial raised their price target on shares of Advanced Micro Devices from $120.00 to $200.00 and gave the stock an &#34;outperform&#34; rating in a report on Wednesday, August 6th. UBS Group raised their price target on shares of Advanced Micro Devices from $150.00 to $210.00 and gave the stock a &#34;buy&#34; rating in a report on Monday, July 28th. Finally, Jefferies Financial Group raised their price target on shares of Advanced Micro Devices from $100.00 to $160.00 in a report on Wednesday, July 16th. One investment analyst  has rated the stock with a sell rating, thirteen have issued  a hold rating, twenty-two have assigned  a buy rating and four have given a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $178.56.</p><p><b>View Our Latest Stock Report on AMD</b></p><h2>Advanced Micro Devices Price Performance</h2><ul><li>AMD’s Results Sparked a Sell-Off—But That’s Your Buy Signal</li></ul><p>Advanced Micro Devices stock opened at $172.76 on Monday. The stock has a market cap of $280.36 billion, a P/E ratio of 99.29, a price-to-earnings-growth ratio of 2.07 and a beta of 1.94. The company has a fifty day simple moving average of $144.55 and a 200-day simple moving average of $118.17. Advanced Micro Devices, Inc. has a 12-month low of $76.48 and a 12-month high of $182.50. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05. </p><p>Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share for the quarter, missing analysts' consensus estimates of $0.54 by ($0.06). Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The company had revenue of $7.69 billion during the quarter, compared to analysts' expectations of $7.41 billion. During the same period last year, the firm earned $0.69 earnings per share. Advanced Micro Devices's revenue was up 31.7% on a year-over-year basis.  Equities analysts expect that  Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year. </p><p>Advanced Micro Devices announced that its Board of Directors has authorized a share repurchase plan on Wednesday, May 14th that authorizes the company to repurchase $6.00 billion in    shares. This repurchase authorization authorizes the semiconductor manufacturer to purchase up to 3.1% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's board of directors believes its shares are undervalued. </p><h2>Advanced Micro Devices Company Profile</h2> (Free Report)<p>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.</p><h2>Read More</h2><ul><li>Five stocks we like better than Advanced Micro Devices</li><li>What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story</li><li>3 Dividend Stocks Raising Payouts—and Backing It Up With Results</li><li>How to invest in marijuana stocks in 7 steps </li><li>3 Stocks With Monopoly Power—and Minimal Competition</li><li>How to Invest in Tech Stocks and Top Tech Stocks to Consider</li><li>Rocket Lab Reports Q2 Results: Is the Bull Thesis Still Intact?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QU1E?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QU1E"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Advanced Micro Devices Right Now?</h2><p>Before you consider Advanced Micro Devices, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Advanced Micro Devices wasn't on the list.</p><p>While Advanced Micro Devices currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

AMDL

<p>Cooper Financial Group reduced its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 49.4% in Q1, now holding 4,935 shares valued at $507,000. Other institutional investors also adjusted their positions, with notable purchases from American Alpha Advisors and Invesco. Analysts have varied price targets for AMD, with a consensus rating of "Moderate Buy" and a target of $178.56. AMD's stock opened at $172.76, with a market cap of $280.36 billion and recent earnings missing estimates.</p>

- Cooper Financial Group reduced its stake in Advanced Micro Devices, Inc. by 49.4%, owning 4,935 shares valued at $507,000 after selling 4,819 shares in Q1.  
- Other institutional investors also adjusted their positions, with notable purchases and increases in stakes, while 71.34% of the stock is held by such investors.  
- Advanced Micro Devices reported Q2 earnings of $0.48 per share, missing estimates, but revenue increased by 31.7% year-over-year, leading to a share repurchase plan of $6.00 billion.

Cooper Financial Group Decreases Position in Advanced Micro Devices, Inc. (NASDAQ:AMD)