HBW Advisory Services LLC decreased its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 6.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,382 shares of the semiconductor manufacturer’s stock after selling 153 shares during the period. HBW Advisory Services LLC’s holdings in Advanced Micro Devices were worth $338,000 at the end of the most recent quarter.
Other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC raised its stake in shares of Advanced Micro Devices by 178.2% during the fourth quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock valued at $5,551,000 after acquiring an additional 29,438 shares in the last quarter. Revolve Wealth Partners LLC raised its stake in shares of Advanced Micro Devices by 2.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock valued at $1,001,000 after acquiring an additional 234 shares in the last quarter. Bank Pictet & Cie Europe AG increased its holdings in Advanced Micro Devices by 12.7% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 264,574 shares of the semiconductor manufacturer’s stock valued at $31,958,000 after buying an additional 29,825 shares during the period. Triumph Capital Management increased its holdings in Advanced Micro Devices by 27.2% during the fourth quarter. Triumph Capital Management now owns 23,327 shares of the semiconductor manufacturer’s stock valued at $2,818,000 after buying an additional 4,992 shares during the period. Finally, Thornburg Investment Management Inc. increased its holdings in Advanced Micro Devices by 1.8% during the fourth quarter. Thornburg Investment Management Inc. now owns 186,834 shares of the semiconductor manufacturer’s stock valued at $22,568,000 after buying an additional 3,338 shares during the period. Institutional investors own 71.34% of the company’s stock.
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on AMD shares. Stifel Nicolaus lifted their price objective on shares of Advanced Micro Devices from $161.00 to $190.00 and gave the company a “buy” rating in a report on Wednesday, August 6th. Citigroup lifted their price objective on shares of Advanced Micro Devices from $145.00 to $165.00 and gave the company a “neutral” rating in a report on Friday, July 18th. TD Cowen lifted their price objective on shares of Advanced Micro Devices from $165.00 to $195.00 and gave the company a “buy” rating in a report on Wednesday, August 6th. HSBC cut their price objective on shares of Advanced Micro Devices from $200.00 to $185.00 and set a “buy” rating on the stock in a report on Tuesday, September 9th. Finally, Wedbush reissued a “cautious” rating on shares of Advanced Micro Devices in a report on Saturday, August 9th. Three research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Advanced Micro Devices presently has a consensus rating of “Moderate Buy” and an average target price of $180.88.
Insider Activity at Advanced Micro Devices
In related news, CEO Lisa T. Su sold 225,000 shares of the company’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $163.97, for a total transaction of $36,893,250.00. Following the completion of the sale, the chief executive officer owned 3,359,748 shares of the company’s stock, valued at approximately $550,897,879.56. This represents a 6.28% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Paul Darren Grasby sold 10,000 shares of the company’s stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $173.21, for a total transaction of $1,732,100.00. Following the sale, the executive vice president directly owned 125,505 shares of the company’s stock, valued at approximately $21,738,721.05. This represents a 7.38% decrease in their position. The disclosure for this sale can be found here. Insiders sold 270,198 shares of company stock worth $44,183,576 over the last three months. Company insiders own 0.06% of the company’s stock.
Advanced Micro Devices Trading Up 1.9%
NASDAQ:AMD opened at $158.57 on Monday. The company has a market capitalization of $257.33 billion, a P/E ratio of 91.13, a PEG ratio of 1.87 and a beta of 1.92. The firm has a fifty day simple moving average of $163.13 and a 200-day simple moving average of $127.47. Advanced Micro Devices, Inc. has a 12 month low of $76.48 and a 12 month high of $186.65. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last issued its quarterly earnings data 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). The firm had revenue of $7.69 billion during the quarter, compared to analyst estimates of $7.41 billion. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The company’s revenue was up 31.7% on a year-over-year basis. During the same quarter last year, the company posted $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, equities research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.
Advanced Micro Devices Company Profile
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.
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