Keudell Morrison Wealth Management Has $501,000 Stock Holdings in Advanced Micro Devices, Inc. $AMD

Keudell Morrison Wealth Management decreased its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 11.3% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 3,532 shares of the semiconductor manufacturer’s stock after selling 451 shares during the period. Keudell Morrison Wealth Management’s holdings in Advanced Micro Devices were worth $501,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in AMD. Farmers & Merchants Trust Co of Chambersburg PA boosted its holdings in shares of Advanced Micro Devices by 277.8% during the 1st quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer’s stock worth $28,000 after buying an additional 200 shares in the last quarter. American Capital Advisory LLC grew its position in shares of Advanced Micro Devices by 90.3% during the 1st quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer’s stock worth $28,000 after buying an additional 130 shares during the period. Kozak & Associates Inc. grew its position in shares of Advanced Micro Devices by 67.6% during the 1st quarter. Kozak & Associates Inc. now owns 305 shares of the semiconductor manufacturer’s stock worth $29,000 after buying an additional 123 shares during the period. Dogwood Wealth Management LLC grew its position in shares of Advanced Micro Devices by 2,311.1% during the 2nd quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer’s stock worth $30,000 after buying an additional 208 shares during the period. Finally, West Branch Capital LLC grew its position in shares of Advanced Micro Devices by 3,057.1% during the 2nd quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer’s stock worth $31,000 after buying an additional 214 shares during the period. Institutional investors and hedge funds own 71.34% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on AMD shares. Benchmark raised their price objective on shares of Advanced Micro Devices from $170.00 to $210.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. Piper Sandler raised their price objective on shares of Advanced Micro Devices from $140.00 to $190.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 6th. Erste Group Bank downgraded shares of Advanced Micro Devices from a “buy” rating to a “hold” rating in a research report on Thursday, September 11th. DZ Bank raised Advanced Micro Devices from a “sell” rating to a “hold” rating and set a $165.00 price objective for the company in a research note on Thursday, August 7th. Finally, Wells Fargo & Company raised their price objective on Advanced Micro Devices from $120.00 to $185.00 and gave the company an “overweight” rating in a research note on Wednesday, July 16th. Three analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $180.88.

Insider Buying and Selling

In related news, EVP Mark D. Papermaster sold 17,998 shares of Advanced Micro Devices stock in a transaction on Tuesday, July 15th. The stock was sold at an average price of $155.03, for a total transaction of $2,790,229.94. Following the sale, the executive vice president directly owned 1,713,710 shares in the company, valued at approximately $265,676,461.30. This trade represents a 1.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Paul Darren Grasby sold 10,000 shares of Advanced Micro Devices stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total value of $1,732,100.00. Following the sale, the executive vice president owned 125,505 shares in the company, valued at $21,738,721.05. This trade represents a 7.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 272,448 shares of company stock worth $44,554,848 in the last ninety days. Corporate insiders own 0.06% of the company’s stock.

Advanced Micro Devices Stock Down 3.0%

Shares of NASDAQ:AMD opened at $164.67 on Friday. The stock has a market cap of $267.23 billion, a price-to-earnings ratio of 94.64, a PEG ratio of 1.94 and a beta of 1.90. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05. Advanced Micro Devices, Inc. has a 12-month low of $76.48 and a 12-month 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 announced its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by ($0.06). The company had revenue of $7.69 billion for the quarter, compared to analysts’ expectations of $7.41 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The firm’s quarterly revenue was up 31.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, sell-side analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal 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.