IFG Advisory LLC Trims Stake in Advanced Micro Devices, Inc. $AMD

IFG Advisory LLC reduced its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 3.7% in the 2nd quarter, Holdings Channel reports. The firm owned 7,851 shares of the semiconductor manufacturer’s stock after selling 299 shares during the period. IFG Advisory LLC’s holdings in Advanced Micro Devices were worth $1,114,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Dogwood Wealth Management LLC lifted its holdings in shares of Advanced Micro Devices by 2,311.1% in the 2nd quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer’s stock valued at $30,000 after purchasing an additional 208 shares during the last quarter. Avion Wealth lifted its holdings in shares of Advanced Micro Devices by 49.3% in the 2nd quarter. Avion Wealth now owns 218 shares of the semiconductor manufacturer’s stock valued at $30,000 after purchasing an additional 72 shares during the last quarter. West Branch Capital LLC raised its stake in Advanced Micro Devices by 3,057.1% during the 2nd quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer’s stock valued at $31,000 after acquiring an additional 214 shares during the last quarter. Bear Mountain Capital Inc. raised its stake in Advanced Micro Devices by 75.0% during the 1st quarter. Bear Mountain Capital Inc. now owns 350 shares of the semiconductor manufacturer’s stock valued at $34,000 after acquiring an additional 150 shares during the last quarter. Finally, Financial Network Wealth Advisors LLC raised its stake in Advanced Micro Devices by 185.3% during the 1st quarter. Financial Network Wealth Advisors LLC now owns 331 shares of the semiconductor manufacturer’s stock valued at $34,000 after acquiring an additional 215 shares during the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, SVP Ava Hahn sold 2,868 shares of the firm’s 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 transaction, the senior vice president directly owned 9,033 shares of the company’s stock, valued at $2,041,548.33. This trade represents a 24.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Lisa T. Su sold 225,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $163.97, for a total value of $36,893,250.00. Following the completion of the transaction, the chief executive officer directly owned 3,359,748 shares of the company’s stock, valued at $550,897,879.56. The trade was a 6.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 274,118 shares of company stock worth $46,180,719. 0.06% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several analysts have commented on AMD shares. Erste Group Bank downgraded Advanced Micro Devices from a “buy” rating to a “hold” rating in a research note on Thursday, September 11th. Mizuho upped their price objective on Advanced Micro Devices from $205.00 to $275.00 and gave the company an “outperform” rating in a research note on Monday, October 13th. Wolfe Research set a $300.00 price objective on Advanced Micro Devices and gave the company an “outperform” rating in a research note on Tuesday, October 14th. Evercore ISI upped their price objective on Advanced Micro Devices from $188.00 to $240.00 and gave the company an “outperform” rating in a research note on Tuesday, October 7th. Finally, KGI Securities set a $260.00 price objective on Advanced Micro Devices and gave the company an “outperform” rating in a research note on Monday, October 13th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $237.32.

Advanced Micro Devices Stock Performance

Shares of AMD stock opened at $256.12 on Friday. The company has a market cap of $415.64 billion, a price-to-earnings ratio of 147.20, a price-to-earnings-growth ratio of 2.42 and a beta of 1.90. The stock has a 50 day simple moving average of $191.16 and a 200-day simple moving average of $153.25. Advanced Micro Devices, Inc. has a 12-month low of $76.48 and a 12-month high of $267.08. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05.

Advanced Micro Devices (NASDAQ:AMD) last issued its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.06). The business had revenue of $7.69 billion for the quarter, compared to analysts’ expectations of $7.41 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 31.7% on a year-over-year basis. During the same period last year, the company posted $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, equities analysts forecast 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.