Alta Wealth Advisors LLC Has $624,000 Stock Holdings in Advanced Micro Devices, Inc. $AMD

Alta Wealth Advisors LLC cut its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 23.2% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,394 shares of the semiconductor manufacturer’s stock after selling 1,331 shares during the period. Alta Wealth Advisors LLC’s holdings in Advanced Micro Devices were worth $624,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of AMD. Brighton Jones LLC raised its stake in Advanced Micro Devices by 178.2% in the fourth quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock valued at $5,551,000 after buying an additional 29,438 shares during the period. Revolve Wealth Partners LLC raised its stake in Advanced Micro Devices by 2.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock valued at $1,001,000 after buying an additional 234 shares during the period. NBC Securities Inc. raised its stake in Advanced Micro Devices by 59,416.7% in the first quarter. NBC Securities Inc. now owns 3,571 shares of the semiconductor manufacturer’s stock valued at $366,000 after buying an additional 3,565 shares during the period. Beacon Financial Group raised its stake in Advanced Micro Devices by 21.1% in the first quarter. Beacon Financial Group now owns 2,999 shares of the semiconductor manufacturer’s stock valued at $308,000 after buying an additional 522 shares during the period. Finally, Vest Financial LLC raised its stake in Advanced Micro Devices by 73.5% in the first quarter. Vest Financial LLC now owns 15,301 shares of the semiconductor manufacturer’s stock valued at $1,572,000 after buying an additional 6,481 shares during the period. Institutional investors own 71.34% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on AMD. Weiss Ratings restated a “hold (c-)” rating on shares of Advanced Micro Devices in a research note on Saturday, September 27th. Piper Sandler upped their price objective on Advanced Micro Devices from $140.00 to $190.00 and gave the company an “overweight” rating in a research note on Wednesday, August 6th. Citigroup upped their price objective on Advanced Micro Devices from $145.00 to $165.00 and gave the company a “neutral” rating in a research note on Friday, July 18th. Seaport Res Ptn lowered Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 4th. Finally, Barclays increased their target price on Advanced Micro Devices from $130.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 6th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Advanced Micro Devices has a consensus rating of “Moderate Buy” and a consensus target price of $180.88.

Insider Buying and Selling

In related news, EVP Forrest Eugene Norrod sold 2,250 shares of the stock in a transaction that occurred on Wednesday, September 24th. The stock was sold at an average price of $165.01, for a total transaction of $371,272.50. Following the sale, the executive vice president owned 311,598 shares of the company’s stock, valued at $51,416,785.98. This represents a 0.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Lisa T. Su sold 225,000 shares of the stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $163.97, for a total value of $36,893,250.00. Following the sale, the chief executive officer directly owned 3,359,748 shares in the company, valued at $550,897,879.56. This represents a 6.28% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 272,448 shares of company stock worth $44,554,848. 0.06% of the stock is owned by corporate insiders.

Advanced Micro Devices Price Performance

Shares of NASDAQ AMD opened at $164.67 on Friday. The firm has a market cap of $267.23 billion, a P/E ratio of 94.64, a price-to-earnings-growth ratio of 1.94 and a beta of 1.90. 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, Inc. has a 1-year low of $76.48 and a 1-year high of $186.65. The business’s 50 day moving average is $165.94 and its 200-day moving average is $133.62.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.06). The company had revenue of $7.69 billion for 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 quarterly revenue was up 31.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Equities research analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Advanced Micro Devices 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.