Marco Investment Management LLC decreased its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 1.0% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 30,142 shares of the semiconductor manufacturer’s stock after selling 300 shares during the quarter. Marco Investment Management LLC’s holdings in Advanced Micro Devices were worth $4,277,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Vestmark Advisory Solutions Inc. increased its holdings in Advanced Micro Devices by 163.1% during the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 76,434 shares of the semiconductor manufacturer’s stock worth $10,846,000 after purchasing an additional 47,380 shares during the last quarter. Nvwm LLC boosted its stake in shares of Advanced Micro Devices by 6.5% during the 2nd quarter. Nvwm LLC now owns 24,895 shares of the semiconductor manufacturer’s stock valued at $3,533,000 after buying an additional 1,519 shares during the last quarter. Walkner Condon Financial Advisors LLC acquired a new stake in shares of Advanced Micro Devices during the second quarter worth approximately $306,000. S&T Bank PA increased its stake in shares of Advanced Micro Devices by 99.3% in the second quarter. S&T Bank PA now owns 275 shares of the semiconductor manufacturer’s stock worth $39,000 after buying an additional 137 shares during the last quarter. Finally, Bryn Mawr Trust Advisors LLC increased its stake in shares of Advanced Micro Devices by 23.3% in the second quarter. Bryn Mawr Trust Advisors LLC now owns 8,842 shares of the semiconductor manufacturer’s stock worth $1,255,000 after buying an additional 1,670 shares during the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.
Insider Transactions at Advanced Micro Devices
In other news, EVP Paul Darren Grasby sold 10,000 shares of the company’s stock in a transaction dated Tuesday, August 12th. The shares were 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 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Mark D. Papermaster sold 16,800 shares of the stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $224.28, for a total transaction 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 approximately $384,529,181.40. This trade represents a 0.97% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 274,118 shares of company stock valued at $46,180,719 over the last three months. 0.06% of the stock is currently owned by company insiders.
Advanced Micro Devices Stock Performance
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last announced its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share for the quarter, topping analysts’ consensus estimates of $1.17 by $0.03. The business had revenue of $9.25 billion for the quarter, compared to analysts’ expectations of $8.76 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 35.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.92 EPS. Advanced Micro Devices has set its Q4 2025 guidance at EPS. As a group, analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.
Wall Street Analyst Weigh In
A number of research analysts have commented on the stock. Wedbush increased their price objective on shares of Advanced Micro Devices from $270.00 to $290.00 and gave the company an “outperform” rating in a research note on Wednesday. CICC Research upgraded shares of Advanced Micro Devices from a “market perform” rating to an “outperform” rating and set a $265.00 target price on the stock in a research note on Friday. Roth Capital lifted their price target on Advanced Micro Devices from $250.00 to $300.00 and gave the stock a “buy” rating in a research note on Wednesday. Seaport Res Ptn lowered Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a report on Thursday, September 4th. Finally, Benchmark increased their target price on Advanced Micro Devices from $270.00 to $325.00 and gave the stock a “buy” rating in a report on Wednesday. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $263.26.
Check Out Our Latest Research Report on Advanced Micro Devices
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.
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