Whittier Trust Co. of Nevada Inc. Sells 122 Shares of Advanced Micro Devices, Inc. $AMD

Whittier Trust Co. of Nevada Inc. trimmed its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 1.1% during the 2nd quarter, Holdings Channel.com reports. The fund owned 11,451 shares of the semiconductor manufacturer’s stock after selling 122 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Advanced Micro Devices were worth $1,625,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Wise Wealth Partners bought a new position in Advanced Micro Devices during the 2nd quarter worth approximately $343,000. Parisi Gray Wealth Management bought a new stake in shares of Advanced Micro Devices in the second quarter worth $343,000. Davis Investment Partners LLC bought a new stake in Advanced Micro Devices during the second quarter valued at about $736,000. REAP Financial Group LLC grew its holdings in Advanced Micro Devices by 16.9% during the second quarter. REAP Financial Group LLC now owns 1,197 shares of the semiconductor manufacturer’s stock valued at $170,000 after purchasing an additional 173 shares during the period. Finally, Sivia Capital Partners LLC grew its holdings in Advanced Micro Devices by 125.1% during the second quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer’s stock valued at $758,000 after purchasing an additional 2,970 shares during the period. 71.34% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, CEO Lisa T. Su sold 225,000 shares of the stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $163.97, for a total value of $36,893,250.00. Following the transaction, the chief executive officer owned 3,359,748 shares of the company’s stock, valued at $550,897,879.56. This represents a 6.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Paul Darren Grasby sold 10,000 shares of the stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total value of $1,732,100.00. Following the completion of the transaction, the executive vice president directly owned 125,505 shares in the company, valued at approximately $21,738,721.05. This trade represents a 7.38% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 274,118 shares of company stock valued at $46,180,719 over the last 90 days. 0.06% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Wells Fargo & Company upped their price objective on Advanced Micro Devices from $185.00 to $275.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 7th. KGI Securities set a $260.00 target price on Advanced Micro Devices and gave the stock an “outperform” rating in a research report on Monday, October 13th. The Goldman Sachs Group boosted their target price on Advanced Micro Devices from $150.00 to $210.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 8th. UBS Group boosted their target price on Advanced Micro Devices from $210.00 to $265.00 and gave the stock a “buy” rating in a research report on Tuesday, October 7th. Finally, HSBC upped their price objective on Advanced Micro Devices from $185.00 to $310.00 and gave the company a “buy” rating in a research report on Wednesday, October 15th. Three 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 assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $233.94.

Advanced Micro Devices Stock Down 3.3%

Shares of NASDAQ:AMD opened at $230.23 on Thursday. Advanced Micro Devices, Inc. has a 52-week low of $76.48 and a 52-week high of $242.88. The stock has a market cap of $373.63 billion, a P/E ratio of 132.32, a price-to-earnings-growth ratio of 2.18 and a beta of 1.90. The business’s 50 day moving average is $179.50 and its 200 day moving average is $144.41. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate 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 during the quarter, compared to the consensus estimate of $7.41 billion. During the same period last year, the company earned $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. Sell-side analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

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.