Advanced Micro Devices, Inc. $AMD Shares Sold by Notis McConarty Edward

Notis McConarty Edward cut its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 9.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,771 shares of the semiconductor manufacturer’s stock after selling 3,003 shares during the period. Advanced Micro Devices accounts for approximately 1.9% of Notis McConarty Edward’s investment portfolio, making the stock its 21st largest holding. Notis McConarty Edward’s holdings in Advanced Micro Devices were worth $3,941,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Trifecta Capital Advisors LLC increased its position in Advanced Micro Devices by 2.1% in the second quarter. Trifecta Capital Advisors LLC now owns 27,561 shares of the semiconductor manufacturer’s stock worth $3,911,000 after buying an additional 570 shares during the period. Maryland State Retirement & Pension System increased its position in Advanced Micro Devices by 4.0% in the second quarter. Maryland State Retirement & Pension System now owns 78,275 shares of the semiconductor manufacturer’s stock worth $11,107,000 after buying an additional 2,993 shares during the period. Optas LLC increased its position in Advanced Micro Devices by 4.2% in the second quarter. Optas LLC now owns 7,076 shares of the semiconductor manufacturer’s stock worth $1,004,000 after buying an additional 286 shares during the period. Eagle Strategies LLC acquired a new stake in Advanced Micro Devices in the second quarter worth $238,000. Finally, Ignite Planners LLC increased its holdings in shares of Advanced Micro Devices by 6.6% during the second quarter. Ignite Planners LLC now owns 3,199 shares of the semiconductor manufacturer’s stock valued at $502,000 after purchasing an additional 197 shares during the period. 71.34% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on AMD shares. Jefferies Financial Group set a $300.00 price target on Advanced Micro Devices and gave the company a “positive” rating in a report on Monday. Dbs Bank raised Advanced Micro Devices from a “hold” rating to a “moderate buy” rating in a report on Monday. Stifel Nicolaus set a $240.00 price target on Advanced Micro Devices in a report on Monday. Cantor Fitzgerald reissued an “overweight” rating and set a $200.00 price target on shares of Advanced Micro Devices in a report on Wednesday, August 6th. Finally, Susquehanna raised their price target on Advanced Micro Devices from $135.00 to $210.00 and gave the company a “positive” rating in a report on Wednesday, July 30th. Three analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $217.70.

Insider Transactions at Advanced Micro Devices

In related news, SVP Ava Hahn sold 2,868 shares of Advanced Micro Devices stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $226.01, for a total value of $648,196.68. Following the transaction, the senior vice president owned 9,033 shares of the company’s stock, valued at approximately $2,041,548.33. This trade represents a 24.10% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Forrest Eugene Norrod sold 17,200 shares of Advanced Micro Devices stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $160.93, for a total value of $2,767,996.00. Following the completion of the transaction, the executive vice president directly owned 313,848 shares in the company, valued at $50,507,558.64. This represents a 5.20% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 275,316 shares of company stock worth $45,203,045 in the last three months. Insiders own 0.06% of the company’s stock.

Advanced Micro Devices Trading Up 11.4%

Shares of AMD stock opened at $235.56 on Thursday. The stock has a 50-day simple moving average of $168.34 and a 200 day simple moving average of $135.71. Advanced Micro Devices, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $235.87. The stock has a market capitalization of $382.28 billion, a P/E ratio of 135.38, a P/E/G ratio of 2.50 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 (NASDAQ:AMD) last announced its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share for the quarter, missing the consensus estimate 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 firm had revenue of $7.69 billion for the quarter, compared to the consensus estimate of $7.41 billion. During the same period in the prior year, the business earned $0.69 EPS. The company’s quarterly revenue was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, sell-side analysts expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

About Advanced Micro Devices

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.