Advanced Micro Devices, Inc. $AMD Shares Sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC lessened its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 1.3% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 185,918 shares of the semiconductor manufacturer’s stock after selling 2,503 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Advanced Micro Devices were worth $26,382,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. United Bank raised its stake in Advanced Micro Devices by 22.0% in the 2nd quarter. United Bank now owns 13,255 shares of the semiconductor manufacturer’s stock valued at $1,881,000 after purchasing an additional 2,392 shares during the last quarter. Novare Capital Management LLC raised its stake in Advanced Micro Devices by 78.0% in the 2nd quarter. Novare Capital Management LLC now owns 11,625 shares of the semiconductor manufacturer’s stock valued at $1,650,000 after purchasing an additional 5,095 shares during the last quarter. William Blair Investment Management LLC raised its stake in Advanced Micro Devices by 986.0% in the 2nd quarter. William Blair Investment Management LLC now owns 606,904 shares of the semiconductor manufacturer’s stock valued at $86,120,000 after purchasing an additional 551,021 shares during the last quarter. First National Bank of Hutchinson raised its stake in Advanced Micro Devices by 13.0% in the 2nd quarter. First National Bank of Hutchinson now owns 4,976 shares of the semiconductor manufacturer’s stock valued at $706,000 after purchasing an additional 573 shares during the last quarter. Finally, Quotient Wealth Partners LLC raised its stake in Advanced Micro Devices by 7.4% in the 2nd quarter. Quotient Wealth Partners LLC now owns 7,435 shares of the semiconductor manufacturer’s stock valued at $1,055,000 after purchasing an additional 511 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Wall Street Analysts Forecast Growth

AMD has been the subject of several analyst reports. Roth Capital set a $250.00 target price on shares of Advanced Micro Devices and gave the company a “buy” rating in a research note on Monday, October 6th. Wedbush boosted their target price on shares of Advanced Micro Devices from $190.00 to $270.00 and gave the company an “outperform” rating in a research note on Wednesday. JPMorgan Chase & Co. boosted their target price on shares of Advanced Micro Devices from $120.00 to $180.00 and gave the company a “neutral” rating in a research note on Wednesday, August 6th. Jefferies Financial Group set a $300.00 target price on shares of Advanced Micro Devices and gave the company a “positive” rating in a research note on Monday, October 6th. Finally, Hsbc Global Res raised shares of Advanced Micro Devices from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 10th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $233.94.

Insider Buying and Selling at Advanced Micro Devices

In other news, EVP Paul Darren Grasby sold 10,000 shares of the business’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 sale, the executive vice president owned 125,505 shares in the company, valued at approximately $21,738,721.05. The trade was a 7.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Ava Hahn sold 2,868 shares of the business’s 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 sale, the senior vice president owned 9,033 shares of the company’s stock, valued at $2,041,548.33. The trade was a 24.10% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 274,118 shares of company stock worth $46,180,719. Company insiders own 0.06% of the company’s stock.

Advanced Micro Devices Trading Down 0.6%

NASDAQ AMD opened at $233.08 on Friday. Advanced Micro Devices, Inc. has a 12 month low of $76.48 and a 12 month high of $241.20. The company has a 50-day moving average of $175.96 and a 200-day moving average of $141.73. 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 company 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.

Advanced Micro Devices (NASDAQ:AMD) last issued its 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 return on equity of 7.54% and a net margin of 9.57%.The firm had revenue of $7.69 billion for the quarter, compared to analysts’ expectations of $7.41 billion. During the same quarter in the previous year, the firm posted $0.69 EPS. The firm’s revenue for the quarter was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, equities analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current 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.