As Advanced Micro Devices (Put) (AMD) Valuation Declined, Twin Tree Management LP Increased Position; Alpha Cubed Investments Holding in Amgen (AMGN) Has Increased by $812,820 as Share Price Declined

February 15, 2018 - By reb123z

Twin Tree Management Lp increased its stake in Advanced Micro Devices Inc (Put) (AMD) by 6564.56% based on its latest 2017Q3 regulatory filing with the SEC. Twin Tree Management Lp bought 3.63M shares as the company’s stock declined 13.10% while stock markets rallied. The hedge fund held 3.69M shares of the technology company at the end of 2017Q3, valued at $46.99M, up from 55,300 at the end of the previous reported quarter. Twin Tree Management Lp who had been investing in Advanced Micro Devices Inc (Put) for a number of months, seems to be bullish on the $12.03B market cap company. The stock increased 2.17% or $0.265 during the last trading session, reaching $12.465. About 15.66 million shares traded. Advanced Micro Devices, Inc. (NASDAQ:AMD) has risen 202.65% since February 15, 2017 and is uptrending. It has outperformed by 185.95% the S&P500.

Alpha Cubed Investments Llc increased its stake in Amgen Inc (AMGN) by 5.2% based on its latest 2017Q3 regulatory filing with the SEC. Alpha Cubed Investments Llc bought 4,370 shares as the company’s stock declined 9.68% while stock markets rallied. The institutional investor held 88,352 shares of the biological products (no diagnostic substances) company at the end of 2017Q3, valued at $16.47M, up from 83,982 at the end of the previous reported quarter. Alpha Cubed Investments Llc who had been investing in Amgen Inc for a number of months, seems to be bullish on the $131.02 billion market cap company. The stock increased 1.18% or $2.12 during the last trading session, reaching $181.64. About 707,965 shares traded. Amgen Inc. (NASDAQ:AMGN) has risen 5.27% since February 15, 2017 and is uptrending. It has underperformed by 11.43% the S&P500.

Since August 14, 2017, it had 0 insider purchases, and 18 insider sales for $19.93 million activity. $240,800 worth of Advanced Micro Devices, Inc. (NASDAQ:AMD) shares were sold by ANDERSON JAMES ROBERT. $1.52M worth of Advanced Micro Devices, Inc. (NASDAQ:AMD) was sold by Su Lisa T. Norrod Forrest Eugene had sold 62,500 shares worth $766,625 on Friday, September 8. SMITH DARLA M also sold $105,010 worth of Advanced Micro Devices, Inc. (NASDAQ:AMD) shares. 117,120 shares valued at $1.41 million were sold by KUMAR DEVINDER on Monday, January 15. On Monday, January 15 the insider WOLIN HARRY A sold $906,556.

Twin Tree Management Lp, which manages about $432.39 million and $12.62B US Long portfolio, decreased its stake in Sector Spdr Tr (Call) (XLY) by 52,000 shares to 17,800 shares, valued at $1.60M in 2017Q3, according to the filing. It also reduced its holding in Teradyne Inc (NYSE:TER) by 79,591 shares in the quarter, leaving it with 33,473 shares, and cut its stake in Sysco Corp (NYSE:SYY).

Among 31 analysts covering Advanced Micro (NASDAQ:AMD), 12 have Buy rating, 6 Sell and 13 Hold. Therefore 39% are positive. Advanced Micro had 103 analyst reports since August 13, 2015 according to SRatingsIntel. The company was maintained on Sunday, September 24 by Stifel Nicolaus. On Thursday, August 25 the stock rating was maintained by Canaccord Genuity with “Buy”. On Friday, July 14 the stock rating was maintained by Rosenblatt with “Buy”. The stock has “Buy” rating by Canaccord Genuity on Thursday, October 19. The stock of Advanced Micro Devices, Inc. (NASDAQ:AMD) earned “Hold” rating by Canaccord Genuity on Thursday, June 16. The rating was maintained by Jefferies on Wednesday, June 21 with “Buy”. On Monday, October 30 the stock rating was downgraded by Bernstein to “Sell”. On Monday, June 26 the stock rating was maintained by Goldman Sachs with “Sell”. Mizuho maintained Advanced Micro Devices, Inc. (NASDAQ:AMD) on Friday, July 22 with “Neutral” rating. On Monday, February 12 the stock rating was maintained by Robert W. Baird with “Buy”.

Investors sentiment increased to 1.51 in 2017 Q3. Its up 0.23, from 1.28 in 2017Q2. It improved, as 39 investors sold AMD shares while 107 reduced holdings. 80 funds opened positions while 140 raised stakes. 559.57 million shares or 2.90% more from 543.78 million shares in 2017Q2 were reported. Advisory Serv Limited Liability Com stated it has 16,522 shares. Cornerstone owns 185 shares. 4.00 million were reported by Guggenheim Cap Llc. Moreover, Old Mutual Glob (Uk) has 0% invested in Advanced Micro Devices, Inc. (NASDAQ:AMD) for 226 shares. Hanseatic Mngmt owns 11,535 shares for 0.17% of their portfolio. Pinebridge Investments Lp reported 50,458 shares. Amp Capital Investors Ltd has invested 0.03% in Advanced Micro Devices, Inc. (NASDAQ:AMD). Sumitomo Mitsui owns 2.22 million shares for 0.04% of their portfolio. New Jersey Better Educational Savings Trust holds 19,000 shares or 0.2% of its portfolio. Ionic Capital Management Ltd stated it has 69,510 shares or 0.04% of all its holdings. Connecticut-based Wright Investors Service has invested 0.16% in Advanced Micro Devices, Inc. (NASDAQ:AMD). Nuveen Asset Mgmt Lc holds 19,829 shares or 0% of its portfolio. Wells Fargo And Mn reported 0.02% in Advanced Micro Devices, Inc. (NASDAQ:AMD). Tci Wealth Advsr invested 0% in Advanced Micro Devices, Inc. (NASDAQ:AMD). 48,350 are held by Hl Fincl Svcs Limited Com.

Among 25 analysts covering Amgen Inc. (NASDAQ:AMGN), 11 have Buy rating, 0 Sell and 14 Hold. Therefore 44% are positive. Amgen Inc. had 86 analyst reports since August 3, 2015 according to SRatingsIntel. Argus Research maintained Amgen Inc. (NASDAQ:AMGN) on Monday, February 8 with “Buy” rating. The firm has “Neutral” rating by JP Morgan given on Wednesday, January 24. The company was maintained on Friday, October 20 by BMO Capital Markets. The stock of Amgen Inc. (NASDAQ:AMGN) earned “Overweight” rating by Morgan Stanley on Thursday, October 26. On Friday, July 14 the stock rating was maintained by Mizuho with “Buy”. The stock of Amgen Inc. (NASDAQ:AMGN) earned “Outperform” rating by Oppenheimer on Tuesday, December 13. The firm has “Outperform” rating given on Friday, July 31 by RBC Capital Markets. Oppenheimer maintained Amgen Inc. (NASDAQ:AMGN) rating on Monday, June 19. Oppenheimer has “Buy” rating and $18900 target. PiperJaffray maintained Amgen Inc. (NASDAQ:AMGN) rating on Friday, February 2. PiperJaffray has “Overweight” rating and $190 target. Oppenheimer maintained the shares of AMGN in report on Tuesday, August 29 with “Buy” rating.

Investors sentiment decreased to 0.99 in Q3 2017. Its down 0.16, from 1.15 in 2017Q2. It fall, as 58 investors sold AMGN shares while 511 reduced holdings. 108 funds opened positions while 453 raised stakes. 555.05 million shares or 0.41% less from 557.32 million shares in 2017Q2 were reported. West Oak Cap Lc stated it has 1.11% of its portfolio in Amgen Inc. (NASDAQ:AMGN). Crestwood Advisors Gru Ltd invested in 3,227 shares. Pinebridge Investments Ltd Partnership accumulated 157,541 shares. Asset Advsrs owns 1.14% invested in Amgen Inc. (NASDAQ:AMGN) for 34,389 shares. Cohen & Steers Incorporated stated it has 13,000 shares or 0.01% of all its holdings. Strategic Advisors Limited Liability Company invested in 3,840 shares or 0.31% of the stock. Havens Advsr Ltd Llc reported 4,000 shares. Da Davidson & invested 0.28% of its portfolio in Amgen Inc. (NASDAQ:AMGN). Brookmont Capital Management reported 2.2% in Amgen Inc. (NASDAQ:AMGN). Bridgeway Cap Mngmt has invested 0.31% in Amgen Inc. (NASDAQ:AMGN). Bessemer Group Inc Inc stated it has 0.05% in Amgen Inc. (NASDAQ:AMGN). Osborne Prtnrs Management Limited Company accumulated 17,023 shares. Waters Parkerson & Ltd Liability Corporation reported 7,490 shares stake. Boulegeris Invs Inc stated it has 1,304 shares or 0.14% of all its holdings. Amica Mutual reported 42,279 shares.

Alpha Cubed Investments Llc, which manages about $320.00M and $664.35 million US Long portfolio, decreased its stake in Ishares Tr (IEF) by 18,334 shares to 156,197 shares, valued at $16.64 million in 2017Q3, according to the filing. It also reduced its holding in Abbvie Inc (NYSE:ABBV) by 44,269 shares in the quarter, leaving it with 49,670 shares, and cut its stake in General Electric Co (NYSE:GE).

Since October 9, 2017, it had 0 buys, and 3 sales for $836,311 activity.

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