Interchange Capital Partners LLC Reduces Holdings in Advanced Micro Devices, Inc. $AMD

Interchange Capital Partners LLC trimmed its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 13.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,537 shares of the semiconductor manufacturer’s stock after selling 850 shares during the period. Interchange Capital Partners LLC’s holdings in Advanced Micro Devices were worth $786,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of AMD. Brighton Jones LLC lifted its position in Advanced Micro Devices by 178.2% during the 4th quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock valued at $5,551,000 after acquiring an additional 29,438 shares during the period. Revolve Wealth Partners LLC lifted its position in Advanced Micro Devices by 2.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock valued at $1,001,000 after acquiring an additional 234 shares during the period. GAMMA Investing LLC lifted its position in Advanced Micro Devices by 18.7% during the 1st quarter. GAMMA Investing LLC now owns 19,554 shares of the semiconductor manufacturer’s stock valued at $2,009,000 after acquiring an additional 3,084 shares during the period. Bessemer Group Inc. lifted its position in Advanced Micro Devices by 5.7% during the 1st quarter. Bessemer Group Inc. now owns 23,706 shares of the semiconductor manufacturer’s stock valued at $2,435,000 after acquiring an additional 1,283 shares during the period. Finally, Robeco Institutional Asset Management B.V. lifted its position in Advanced Micro Devices by 3.6% during the 1st quarter. Robeco Institutional Asset Management B.V. now owns 235,915 shares of the semiconductor manufacturer’s stock valued at $24,238,000 after acquiring an additional 8,107 shares during the period. 71.34% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Advanced Micro Devices

In other news, EVP Mark D. Papermaster sold 16,800 shares of Advanced Micro Devices stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $224.28, for a total value of $3,767,904.00. Following the completion of the sale, the executive vice president directly owned 1,714,505 shares in the company, valued at $384,529,181.40. The trade was a 0.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Forrest Eugene Norrod sold 2,250 shares of Advanced Micro Devices stock in a transaction that occurred on Wednesday, September 24th. The stock was sold at an average price of $165.01, for a total transaction of $371,272.50. Following the completion of the sale, the executive vice president owned 311,598 shares of the company’s stock, valued at $51,416,785.98. This represents a 0.72% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 274,118 shares of company stock valued at $46,180,719. Company insiders own 0.06% of the company’s stock.

Analyst Upgrades and Downgrades

AMD has been the subject of a number of recent research reports. JPMorgan Chase & Co. lifted their price target 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. Stifel Nicolaus set a $240.00 price target on shares of Advanced Micro Devices in a research report on Monday, October 6th. Roth Capital set a $250.00 price target on shares of Advanced Micro Devices and gave the company a “buy” rating in a research report on Monday, October 6th. KGI Securities set a $260.00 price objective on shares of Advanced Micro Devices and gave the company an “outperform” rating in a research note on Monday, October 13th. Finally, Wolfe Research set a $300.00 price objective on shares of Advanced Micro Devices and gave the company an “outperform” rating in a research note on Tuesday, October 14th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Advanced Micro Devices presently has an average rating of “Moderate Buy” and an average target price of $233.94.

Advanced Micro Devices Stock Up 7.6%

NASDAQ:AMD opened at $252.92 on Friday. The firm has a market cap of $410.45 billion, a P/E ratio of 145.36, a P/E/G ratio of 2.31 and a beta of 1.90. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.81 and a current ratio of 2.49. Advanced Micro Devices, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $253.39. The firm has a 50-day simple moving average of $182.09 and a two-hundred day simple moving average of $147.13.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 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 company had revenue of $7.69 billion during the quarter, compared to the consensus estimate of $7.41 billion. During the same quarter in the prior year, the firm earned $0.69 earnings per share. The business’s revenue was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Analysts predict 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.