Advanced Micro Devices, Inc. $AMD Shares Sold by First Bancorp Inc ME

First Bancorp Inc ME trimmed its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 14.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,391 shares of the semiconductor manufacturer’s stock after selling 415 shares during the quarter. First Bancorp Inc ME’s holdings in Advanced Micro Devices were worth $339,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Kingstone Capital Partners Texas LLC purchased a new stake in shares of Advanced Micro Devices during the 2nd quarter worth $958,422,000. Goldman Sachs Group Inc. increased its stake in shares of 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 valued at $1,012,538,000 after acquiring an additional 6,200,850 shares during the last quarter. T. Rowe Price Investment Management Inc. increased its position 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 purchasing an additional 5,915,185 shares in the last quarter. Nuveen LLC acquired a new stake in Advanced Micro Devices during the 1st quarter worth approximately $436,746,000. Finally, Parnassus Investments LLC boosted its holdings in Advanced Micro Devices by 47,883.5% in 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 during the period. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on AMD shares. Melius upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $175.00 target price for the company in a research note on Monday, June 23rd. HSBC increased their price target on Advanced Micro Devices from $185.00 to $310.00 and gave the company a “buy” rating in a research report on Wednesday. Evercore ISI raised their price objective on Advanced Micro Devices from $188.00 to $240.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 7th. KGI Securities set a $260.00 price target on Advanced Micro Devices and gave the stock an “outperform” rating in a research note on Monday, October 13th. Finally, Seaport Res Ptn downgraded Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 4th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $233.94.

Advanced Micro Devices Price Performance

Advanced Micro Devices stock opened at $233.08 on Friday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.81 and a current ratio of 2.49. The firm has a market cap of $378.25 billion, a P/E ratio of 133.95, a P/E/G ratio of 2.32 and a beta of 1.90. The business’s fifty day moving average is $175.96 and its two-hundred day moving average is $141.73. Advanced Micro Devices, Inc. has a 52 week low of $76.48 and a 52 week high of $241.20.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 EPS for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.06). The business had revenue of $7.69 billion during the quarter, compared to analyst estimates of $7.41 billion. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.Advanced Micro Devices’s revenue for the quarter was up 31.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Equities research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Insider Transactions at Advanced Micro Devices

In other news, CEO Lisa T. Su sold 225,000 shares of the company’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 completion of the transaction, the chief executive officer directly owned 3,359,748 shares of the company’s stock, valued at $550,897,879.56. This represents a 6.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Forrest Eugene Norrod sold 17,200 shares of the company’s 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 transaction, the executive vice president directly owned 313,848 shares of the company’s stock, valued at $50,507,558.64. This represents a 5.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 274,118 shares of company stock valued at $46,180,719. Insiders own 0.06% of the company’s stock.

Advanced Micro Devices Company 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.