Advanced Micro Devices, Inc. $AMD Shares Sold by First County Bank CT

First County Bank CT lowered its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 7.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,966 shares of the semiconductor manufacturer’s stock after selling 546 shares during the quarter. First County Bank CT’s holdings in Advanced Micro Devices were worth $988,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of AMD. Tritonpoint Wealth LLC grew its position in shares of Advanced Micro Devices by 2.6% in the second quarter. Tritonpoint Wealth LLC now owns 2,857 shares of the semiconductor manufacturer’s stock valued at $405,000 after purchasing an additional 72 shares during the period. Sandy Cove Advisors LLC lifted its stake in Advanced Micro Devices by 1.4% in the 2nd quarter. Sandy Cove Advisors LLC now owns 5,470 shares of the semiconductor manufacturer’s stock valued at $776,000 after buying an additional 75 shares in the last quarter. Pine Haven Investment Counsel Inc raised its holdings in shares of Advanced Micro Devices by 3.3% during the second quarter. Pine Haven Investment Counsel Inc now owns 2,682 shares of the semiconductor manufacturer’s stock valued at $381,000 after acquiring an additional 85 shares during the last quarter. Seaview Investment Managers LLC raised its holdings in shares of Advanced Micro Devices by 4.3% during the first quarter. Seaview Investment Managers LLC now owns 2,256 shares of the semiconductor manufacturer’s stock valued at $232,000 after acquiring an additional 93 shares during the last quarter. Finally, Tompkins Financial Corp raised its holdings in shares of Advanced Micro Devices by 30.3% during the second quarter. Tompkins Financial Corp now owns 417 shares of the semiconductor manufacturer’s stock valued at $59,000 after acquiring an additional 97 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 other news, EVP Paul Darren Grasby sold 10,000 shares of the business’s stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total transaction of $1,732,100.00. Following the completion of the sale, the executive vice president owned 125,505 shares in the company, valued at approximately $21,738,721.05. The trade was a 7.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Lisa T. Su sold 225,000 shares of Advanced Micro Devices stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $163.97, for a total transaction of $36,893,250.00. Following the transaction, the chief executive officer directly owned 3,359,748 shares in the company, valued at approximately $550,897,879.56. This trade represents a 6.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 272,448 shares of company stock valued at $44,554,848. Insiders own 0.06% of the company’s stock.

Advanced Micro Devices Price Performance

Advanced Micro Devices stock opened at $159.46 on Monday. Advanced Micro Devices, Inc. has a 1 year low of $76.48 and a 1 year high of $186.65. The firm has a 50 day moving average price of $165.48 and a 200 day moving average price of $131.71. The company has a market cap of $258.78 billion, a price-to-earnings ratio of 91.64, a PEG ratio of 1.88 and a beta of 1.92. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.81 and a current ratio of 2.49.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.06). The company had revenue of $7.69 billion during the quarter, compared to analyst estimates of $7.41 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The firm’s revenue for the quarter was up 31.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Sell-side analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages recently commented on AMD. Mizuho boosted their price target on Advanced Micro Devices from $183.00 to $205.00 and gave the stock an “outperform” rating in a research report on Thursday, August 14th. Bank of America lifted their target price on shares of Advanced Micro Devices from $175.00 to $200.00 and gave the stock a “buy” rating in a research note on Tuesday, July 29th. Raymond James Financial raised their price target on shares of Advanced Micro Devices from $120.00 to $200.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 6th. Deutsche Bank Aktiengesellschaft set a $200.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, August 6th. Finally, Wedbush reiterated a “cautious” rating on shares of Advanced Micro Devices in a report on Saturday, August 9th. Three analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $180.88.

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.