Stock Yards Bank & Trust Co. Lowers Position in Advanced Micro Devices, Inc. $AMD

Stock Yards Bank & Trust Co. cut its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 14.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,192 shares of the semiconductor manufacturer’s stock after selling 1,077 shares during the quarter. Stock Yards Bank & Trust Co.’s holdings in Advanced Micro Devices were worth $879,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of AMD. Kingstone Capital Partners Texas LLC purchased a new position in shares of Advanced Micro Devices during the 2nd quarter worth $958,422,000. Goldman Sachs Group Inc. lifted its stake in Advanced Micro Devices by 169.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 9,855,341 shares of the semiconductor manufacturer’s stock worth $1,012,538,000 after acquiring an additional 6,200,850 shares in the last quarter. T. Rowe Price Investment Management Inc. lifted its stake in Advanced Micro Devices by 131.5% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 10,413,139 shares of the semiconductor manufacturer’s stock worth $1,069,846,000 after acquiring an additional 5,915,185 shares in the last quarter. Nuveen LLC acquired a new position in Advanced Micro Devices during the 1st quarter worth about $436,746,000. Finally, Parnassus Investments LLC lifted its stake in Advanced Micro Devices by 47,883.5% during the 1st quarter. Parnassus Investments LLC now owns 4,142,418 shares of the semiconductor manufacturer’s stock worth $425,592,000 after acquiring an additional 4,133,785 shares in the last quarter. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Advanced Micro Devices Price Performance

AMD stock opened at $164.67 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81. The firm has a market capitalization of $267.23 billion, a P/E ratio of 94.64, a P/E/G ratio of 1.94 and a beta of 1.90. The business’s 50-day moving average is $165.94 and its two-hundred day moving average is $133.62. Advanced Micro Devices, Inc. has a 1 year low of $76.48 and a 1 year high of $186.65.

Advanced Micro Devices (NASDAQ:AMD) last posted 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). 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 analyst estimates of $7.41 billion. During the same period in the prior year, the business earned $0.69 EPS. Advanced Micro Devices’s revenue for the quarter was up 31.7% on a year-over-year basis. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Lisa T. Su sold 225,000 shares of the firm’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $163.97, for a total transaction of $36,893,250.00. Following the sale, the chief executive officer owned 3,359,748 shares of the company’s stock, valued at approximately $550,897,879.56. This trade 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 Forrest Eugene Norrod sold 2,250 shares of the firm’s stock in a transaction dated Wednesday, September 24th. The stock was sold at an average price of $165.01, for a total value of $371,272.50. Following the sale, the executive vice president directly owned 311,598 shares in the company, valued at $51,416,785.98. This trade represents a 0.72% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 272,448 shares of company stock worth $44,554,848 over the last 90 days. Insiders own 0.06% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on AMD. 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. DZ Bank raised Advanced Micro Devices from a “sell” rating to a “hold” rating and set a $165.00 target price on the stock in a research note on Thursday, August 7th. Susquehanna increased their target price on Advanced Micro Devices from $135.00 to $210.00 and gave the stock a “positive” rating in a research note on Wednesday, July 30th. Sanford C. Bernstein increased their target price on Advanced Micro Devices from $95.00 to $140.00 and gave the stock a “market perform” rating in a research note on Monday, July 21st. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Advanced Micro Devices in a research note on Saturday, September 27th. Three analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $180.88.

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.