Savant Capital LLC Sells 13,631 Shares of Advanced Micro Devices, Inc. $AMD

Savant Capital LLC cut its position in Advanced Micro Devices, Inc. (NASDAQ:AMDFree Report) by 24.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,633 shares of the semiconductor manufacturer’s stock after selling 13,631 shares during the quarter. Savant Capital LLC’s holdings in Advanced Micro Devices were worth $6,050,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently made changes to their positions in AMD. Vanguard Group Inc. raised its position in shares of Advanced Micro Devices by 1.4% in the first quarter. Vanguard Group Inc. now owns 152,367,351 shares of the semiconductor manufacturer’s stock worth $15,654,222,000 after buying an additional 2,157,199 shares in the last quarter. Amundi increased its stake in Advanced Micro Devices by 8.0% in the 1st quarter. Amundi now owns 17,829,010 shares of the semiconductor manufacturer’s stock worth $1,677,014,000 after acquiring an additional 1,319,064 shares during the last quarter. Invesco Ltd. increased its stake in Advanced Micro Devices by 4.0% in the 1st quarter. Invesco Ltd. now owns 11,819,012 shares of the semiconductor manufacturer’s stock worth $1,214,285,000 after acquiring an additional 450,695 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Advanced Micro Devices by 4.6% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 10,549,100 shares of the semiconductor manufacturer’s stock valued at $1,083,815,000 after acquiring an additional 466,048 shares in the last quarter. Finally, T. Rowe Price Investment Management Inc. boosted its position in shares of 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 valued at $1,069,846,000 after acquiring an additional 5,915,185 shares during the last quarter. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Advanced Micro Devices

In related news, EVP Mark D. Papermaster sold 16,800 shares of the firm’s stock in a transaction that occurred on 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 transaction, the executive vice president directly owned 1,714,505 shares in the company, valued at $384,529,181.40. This trade represents a 0.97% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Ava Hahn sold 2,868 shares of the business’s stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of $226.01, for a total value of $648,196.68. Following the completion of 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 SEC filing for this sale provides additional information. Insiders sold 274,118 shares of company stock worth $46,180,719 over the last quarter. Company insiders own 0.06% of the company’s stock.

Advanced Micro Devices Price Performance

Shares of NASDAQ:AMD opened at $233.54 on Friday. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05. The stock has a market cap of $379.00 billion, a PE ratio of 134.22, a PEG ratio of 2.42 and a beta of 1.93. The company’s fifty day moving average is $199.34 and its 200 day moving average is $158.85. Advanced Micro Devices, Inc. has a 52 week low of $76.48 and a 52 week high of $267.08.

Advanced Micro Devices (NASDAQ:AMDGet Free Report) last posted its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.03. The business had revenue of $9.25 billion during the quarter, compared to analyst estimates of $8.76 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The company’s revenue was up 35.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.92 earnings per share. Advanced Micro Devices has set its Q4 2025 guidance at EPS. Research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Piper Sandler upped their price objective on shares of Advanced Micro Devices from $240.00 to $280.00 and gave the stock an “overweight” rating in a research report on Wednesday. Mizuho boosted their price target on shares of Advanced Micro Devices from $205.00 to $275.00 and gave the stock an “outperform” rating in a research note on Monday, October 13th. Rosenblatt Securities raised their price objective on shares of Advanced Micro Devices from $250.00 to $300.00 and gave the company a “buy” rating in a research report on Wednesday. Stifel Nicolaus lifted their price objective on shares of Advanced Micro Devices from $240.00 to $280.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, Loop Capital set a $290.00 target price on shares of Advanced Micro Devices and gave the stock a “buy” rating in a research report on Wednesday. Three research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $263.26.

Check Out Our Latest Analysis on Advanced Micro Devices

About Advanced Micro Devices

(Free Report)

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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Institutional Ownership by Quarter for Advanced Micro Devices (NASDAQ:AMD)

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