LifePlan Financial LLC Sells 640 Shares of Advanced Micro Devices, Inc. $AMD

LifePlan Financial LLC trimmed its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 10.7% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,350 shares of the semiconductor manufacturer’s stock after selling 640 shares during the period. LifePlan Financial LLC’s holdings in Advanced Micro Devices were worth $759,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. boosted its position in Advanced Micro Devices by 1.4% during the 1st quarter. Vanguard Group Inc. now owns 152,367,351 shares of the semiconductor manufacturer’s stock valued at $15,654,222,000 after acquiring an additional 2,157,199 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Advanced Micro Devices by 9.9% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 21,401,436 shares of the semiconductor manufacturer’s stock worth $2,585,079,000 after acquiring an additional 1,929,225 shares during the last quarter. Amundi grew its stake in shares of Advanced Micro Devices by 8.0% during the first 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. grew its stake in shares of Advanced Micro Devices by 4.0% during the first 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. Finally, Charles Schwab Investment Management Inc. lifted its position in Advanced Micro Devices by 4.6% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 10,549,100 shares of the semiconductor manufacturer’s stock worth $1,083,815,000 after acquiring an additional 466,048 shares during the period. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Advanced Micro Devices Price Performance

Shares of NASDAQ AMD opened at $161.16 on Tuesday. The company has a market capitalization of $261.54 billion, a price-to-earnings ratio of 92.62, a price-to-earnings-growth ratio of 1.87 and a beta of 1.92. Advanced Micro Devices, Inc. has a twelve month low of $76.48 and a twelve month high of $186.65. The business has a 50 day simple moving average of $163.66 and a 200-day simple moving average of $127.90. 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 released its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.54 by ($0.06). The business had revenue of $7.69 billion for the quarter, compared to analyst estimates of $7.41 billion. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.Advanced Micro Devices’s revenue was up 31.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, equities research analysts expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have commented on AMD shares. Barclays lifted their price target on Advanced Micro Devices from $130.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 6th. Jefferies Financial Group lifted their price target on Advanced Micro Devices from $100.00 to $160.00 in a research report on Wednesday, July 16th. Evercore ISI lifted their price target on Advanced Micro Devices from $144.00 to $188.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 6th. Citigroup lifted their price target on Advanced Micro Devices from $145.00 to $165.00 and gave the stock a “neutral” rating in a research report on Friday, July 18th. Finally, Susquehanna boosted their price objective on Advanced Micro Devices from $135.00 to $210.00 and gave the company a “positive” rating in a report on Wednesday, July 30th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $180.88.

Insider Activity at Advanced Micro Devices

In related news, EVP Forrest Eugene Norrod sold 17,200 shares of the firm’s stock in a transaction that occurred on Wednesday, September 10th. The shares were sold at an average price of $160.93, for a total transaction of $2,767,996.00. Following the completion of the sale, the executive vice president directly owned 313,848 shares in the company, valued at approximately $50,507,558.64. This trade represents a 5.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Mark D. Papermaster sold 17,998 shares of the firm’s stock in a transaction that occurred on Tuesday, July 15th. The stock was sold at an average price of $155.03, for a total transaction of $2,790,229.94. Following the completion of the transaction, the executive vice president directly owned 1,713,710 shares of the company’s stock, valued at $265,676,461.30. This represents a 1.04% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 270,198 shares of company stock valued at $44,183,576. Insiders own 0.06% of the company’s stock.

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.