Yousif Capital Management LLC Has $28.26 Million Holdings in Advanced Micro Devices, Inc. $AMD

Yousif Capital Management LLC cut its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 0.3% in the second quarter, HoldingsChannel reports. The fund owned 199,134 shares of the semiconductor manufacturer’s stock after selling 569 shares during the period. Yousif Capital Management LLC’s holdings in Advanced Micro Devices were worth $28,257,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Tritonpoint Wealth LLC lifted its stake in Advanced Micro Devices by 2.6% in the second quarter. Tritonpoint Wealth LLC now owns 2,857 shares of the semiconductor manufacturer’s stock valued at $405,000 after acquiring an additional 72 shares during the last quarter. Scott & Selber Inc. lifted its stake in Advanced Micro Devices by 0.7% in the second quarter. Scott & Selber Inc. now owns 10,465 shares of the semiconductor manufacturer’s stock valued at $1,485,000 after acquiring an additional 73 shares during the last quarter. Sandy Cove Advisors LLC raised its position in shares of Advanced Micro Devices by 1.4% in the second quarter. Sandy Cove Advisors LLC now owns 5,470 shares of the semiconductor manufacturer’s stock valued at $776,000 after purchasing an additional 75 shares during the period. Pine Haven Investment Counsel Inc raised its position in shares of Advanced Micro Devices by 3.3% in the second quarter. Pine Haven Investment Counsel Inc now owns 2,682 shares of the semiconductor manufacturer’s stock valued at $381,000 after purchasing an additional 85 shares during the period. Finally, SLT Holdings LLC raised its position in shares of Advanced Micro Devices by 4.3% in the second quarter. SLT Holdings LLC now owns 2,156 shares of the semiconductor manufacturer’s stock valued at $306,000 after purchasing an additional 88 shares during the period. 71.34% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

AMD has been the topic of several research analyst reports. JPMorgan Chase & Co. increased their price objective on shares of Advanced Micro Devices from $120.00 to $180.00 and gave the company a “neutral” rating in a research report on Wednesday, August 6th. Cantor Fitzgerald reissued an “overweight” rating and issued a $200.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, August 6th. Jefferies Financial Group set a $300.00 price objective on shares of Advanced Micro Devices and gave the company a “positive” rating in a research report on Monday, October 6th. The Goldman Sachs Group increased their price objective on shares of Advanced Micro Devices from $150.00 to $210.00 and gave the company a “neutral” rating in a research report on Wednesday, October 8th. Finally, UBS Group increased their price objective on shares of Advanced Micro Devices from $210.00 to $265.00 and gave the company a “buy” rating in a research report on Tuesday, October 7th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $218.25.

Insider Buying and Selling at Advanced Micro Devices

In related news, EVP Forrest Eugene Norrod sold 2,250 shares of Advanced Micro Devices stock in a transaction that occurred on Wednesday, September 24th. The shares were sold at an average price of $165.01, for a total transaction 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Lisa T. Su sold 225,000 shares of the business’s stock in a transaction that occurred on 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 completion of the transaction, the chief executive officer owned 3,359,748 shares in the company, valued at $550,897,879.56. This trade represents a 6.28% decrease in their position. The disclosure for this sale can be found here. Insiders sold 275,316 shares of company stock worth $45,203,045 over the last quarter. Insiders own 0.06% of the company’s stock.

Advanced Micro Devices Price Performance

AMD stock opened at $214.76 on Monday. 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 $240.10. The firm has a market cap of $348.52 billion, a P/E ratio of 123.42, a P/E/G ratio of 2.52 and a beta of 1.90. The company’s 50-day moving average price is $170.33 and its two-hundred day moving average price is $137.63.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings results 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). 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 quarter in the previous year, the business posted $0.69 earnings per share. The company’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. On average, analysts anticipate 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.