SLT Holdings LLC lifted its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 4.3% during the second quarter, Holdings Channel reports. The institutional investor owned 2,156 shares of the semiconductor manufacturer’s stock after acquiring an additional 88 shares during the quarter. SLT Holdings LLC’s holdings in Advanced Micro Devices were worth $306,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also recently modified their holdings of the company. Farmers & Merchants Trust Co of Chambersburg PA boosted its stake in shares of Advanced Micro Devices by 277.8% in the first quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer’s stock worth $28,000 after buying an additional 200 shares during the last quarter. American Capital Advisory LLC boosted its stake in shares of Advanced Micro Devices by 90.3% in the first quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer’s stock worth $28,000 after buying an additional 130 shares during the last quarter. Dogwood Wealth Management LLC boosted its stake in shares of Advanced Micro Devices by 2,311.1% in the second quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer’s stock worth $30,000 after buying an additional 208 shares during the last quarter. West Branch Capital LLC boosted its stake in shares of Advanced Micro Devices by 3,057.1% in the second quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer’s stock worth $31,000 after buying an additional 214 shares during the last quarter. Finally, Bear Mountain Capital Inc. boosted its stake in shares of Advanced Micro Devices by 75.0% in the first quarter. Bear Mountain Capital Inc. now owns 350 shares of the semiconductor manufacturer’s stock worth $34,000 after buying an additional 150 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 related news, SVP Ava Hahn sold 2,868 shares of the stock in a transaction that occurred on Monday, October 6th. The stock was 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 approximately $2,041,548.33. This trade represents a 24.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Paul Darren Grasby sold 10,000 shares of the stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $173.21, for a total value of $1,732,100.00. Following the completion of the sale, the executive vice president directly owned 125,505 shares of the company’s stock, valued at approximately $21,738,721.05. This represents a 7.38% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 275,316 shares of company stock valued at $45,203,045. 0.06% of the stock is currently owned by company insiders.
Advanced Micro Devices Price Performance
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last announced its 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 net margin of 9.57% and a return on equity of 7.54%. The firm had revenue of $7.69 billion for the quarter, compared to analyst estimates of $7.41 billion. During the same period in the previous year, the company earned $0.69 EPS. Advanced Micro Devices’s revenue 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, analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
AMD has been the topic of a number of recent research reports. Weiss Ratings downgraded Advanced Micro Devices from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday. Melius Research set a $300.00 price target on Advanced Micro Devices in a research report on Monday. Roth Capital set a $250.00 price target on Advanced Micro Devices and gave the stock a “buy” rating in a research report on Monday. Truist Financial reiterated a “buy” rating and set a $273.00 price target (up previously from $213.00) on shares of Advanced Micro Devices in a research report on Tuesday. Finally, Raymond James Financial increased their price target on Advanced Micro Devices from $120.00 to $200.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 6th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Advanced Micro Devices presently has a consensus rating of “Moderate Buy” and a consensus target price of $218.25.
Check Out Our Latest Stock Analysis on AMD
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.
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