Courier Capital LLC Reduces Stock Holdings in Advanced Micro Devices, Inc. $AMD

Courier Capital LLC reduced its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 1.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,751 shares of the semiconductor manufacturer’s stock after selling 119 shares during the period. Courier Capital LLC’s holdings in Advanced Micro Devices were worth $1,526,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Tritonpoint Wealth LLC boosted its holdings in shares of Advanced Micro Devices by 2.6% in the 2nd 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. boosted its holdings in shares of Advanced Micro Devices by 0.7% in the 2nd 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 boosted its holdings in shares of Advanced Micro Devices by 1.4% in the 2nd quarter. Sandy Cove Advisors LLC now owns 5,470 shares of the semiconductor manufacturer’s stock valued at $776,000 after acquiring an additional 75 shares during the last quarter. Pine Haven Investment Counsel Inc boosted its holdings in Advanced Micro Devices by 3.3% during the second quarter. Pine Haven Investment Counsel Inc now owns 2,682 shares of the semiconductor manufacturer’s stock worth $381,000 after buying an additional 85 shares in the last quarter. Finally, SLT Holdings LLC boosted its holdings in Advanced Micro Devices by 4.3% during the second quarter. SLT Holdings LLC now owns 2,156 shares of the semiconductor manufacturer’s stock worth $306,000 after buying an additional 88 shares in the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Advanced Micro Devices

In other news, EVP Forrest Eugene Norrod sold 17,200 shares of the firm’s stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $160.93, for a total value of $2,767,996.00. Following the transaction, the executive vice president directly owned 313,848 shares of the company’s stock, valued at approximately $50,507,558.64. This trade represents a 5.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Paul Darren Grasby sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total transaction of $1,732,100.00. Following the completion of the transaction, the executive vice president directly owned 125,505 shares in the company, valued at approximately $21,738,721.05. This represents a 7.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 257,318 shares of company stock valued at $42,412,815. Corporate insiders own 0.06% of the company’s stock.

Analyst Ratings Changes

AMD has been the topic of a number of recent analyst reports. UBS Group increased their price target on shares of Advanced Micro Devices from $210.00 to $265.00 and gave the stock a “buy” rating in a report on Tuesday, October 7th. Susquehanna increased their price target on shares of Advanced Micro Devices from $135.00 to $210.00 and gave the stock a “positive” rating in a report on Wednesday, July 30th. Wells Fargo & Company increased their price target on shares of Advanced Micro Devices from $185.00 to $275.00 and gave the stock an “overweight” rating in a report on Tuesday, October 7th. Roth Capital set a $250.00 price target on shares of Advanced Micro Devices and gave the stock a “buy” rating in a report on Monday, October 6th. Finally, Barclays increased their price target on shares of Advanced Micro Devices from $200.00 to $300.00 and gave the stock an “overweight” rating in a report on Monday, October 6th. Three analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $224.97.

Advanced Micro Devices Stock Performance

NASDAQ:AMD opened at $218.09 on Wednesday. The company’s 50-day moving average price is $172.00 and its 200-day moving average price is $138.97. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05. The company has a market cap of $353.93 billion, a P/E ratio of 125.34, a P/E/G ratio of 2.54 and a beta of 1.90. Advanced Micro Devices, Inc. has a twelve month low of $76.48 and a twelve month high of $240.10.

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 the consensus estimate of $0.54 by ($0.06). The business had revenue of $7.69 billion during the quarter, compared to analysts’ expectations of $7.41 billion. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The business’s quarterly revenue was up 31.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.69 earnings per share. 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.