Almanack Investment Partners LLC. trimmed its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 11.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,958 shares of the semiconductor manufacturer’s stock after selling 617 shares during the quarter. Almanack Investment Partners LLC.’s holdings in Advanced Micro Devices were worth $704,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also made changes to their positions in AMD. Brighton Jones LLC raised its position in shares of Advanced Micro Devices by 178.2% during the 4th quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock worth $5,551,000 after purchasing an additional 29,438 shares during the period. Revolve Wealth Partners LLC raised its holdings in shares of Advanced Micro Devices by 2.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock valued at $1,001,000 after buying an additional 234 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of Advanced Micro Devices by 18.7% during the first quarter. GAMMA Investing LLC now owns 19,554 shares of the semiconductor manufacturer’s stock valued at $2,009,000 after buying an additional 3,084 shares during the last quarter. CVA Family Office LLC raised its holdings in shares of Advanced Micro Devices by 8.6% during the first quarter. CVA Family Office LLC now owns 3,661 shares of the semiconductor manufacturer’s stock valued at $376,000 after buying an additional 289 shares during the last quarter. Finally, Azzad Asset Management Inc. ADV raised its holdings in shares of Advanced Micro Devices by 2.2% during the first quarter. Azzad Asset Management Inc. ADV now owns 11,860 shares of the semiconductor manufacturer’s stock valued at $1,219,000 after buying an additional 255 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at Advanced Micro Devices
In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 17,998 shares of Advanced Micro Devices stock in a transaction that occurred on Tuesday, July 15th. The shares were sold at an average price of $155.03, for a total transaction of $2,790,229.94. Following the transaction, the executive vice president directly owned 1,713,710 shares in the company, valued at approximately $265,676,461.30. The trade was a 1.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Ava Hahn sold 2,868 shares of Advanced Micro Devices stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $226.01, for a total transaction of $648,196.68. Following the transaction, the senior vice president owned 9,033 shares in the company, valued at approximately $2,041,548.33. The trade was a 24.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 275,316 shares of company stock valued at $45,203,045 in the last 90 days. 0.06% of the stock is owned by corporate insiders.
Advanced Micro Devices Trading Down 7.8%
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last posted its quarterly earnings results 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). The business had revenue of $7.69 billion during 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%.The company’s quarterly revenue was up 31.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, research 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 analyst reports. Melius raised Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $175.00 price target on the stock in a report on Monday, June 23rd. UBS Group lifted their price target on Advanced Micro Devices from $210.00 to $265.00 and gave the company a “buy” rating in a report on Tuesday, October 7th. Benchmark lifted their price target on Advanced Micro Devices from $210.00 to $270.00 and gave the company a “buy” rating in a report on Monday, October 6th. Bank of America boosted their target price on Advanced Micro Devices from $175.00 to $200.00 and gave the stock a “buy” rating in a report on Tuesday, July 29th. Finally, Cantor Fitzgerald reissued an “overweight” rating and set a $200.00 target price on shares of Advanced Micro Devices in a report on Wednesday, August 6th. Three analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $218.25.
Get Our Latest Stock Analysis on Advanced Micro Devices
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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