Advanced Micro Devices, Inc. $AMD Shares Sold by Manchester Financial Inc.

Manchester Financial Inc. reduced its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 2.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,344 shares of the semiconductor manufacturer’s stock after selling 71 shares during the period. Manchester Financial Inc.’s holdings in Advanced Micro Devices were worth $333,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Dogwood Wealth Management LLC raised its stake in shares of Advanced Micro Devices by 2,311.1% in the second quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer’s stock valued at $30,000 after acquiring an additional 208 shares in the last quarter. West Branch Capital LLC raised its stake in shares of Advanced Micro Devices by 3,057.1% in the second 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 in the last quarter. High Note Wealth LLC raised its stake in Advanced Micro Devices by 285.5% in the second quarter. High Note Wealth LLC now owns 266 shares of the semiconductor manufacturer’s stock valued at $38,000 after buying an additional 197 shares in the last quarter. Farmers & Merchants Trust Co of Chambersburg PA raised its stake in Advanced Micro Devices by 277.8% in the first quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer’s stock valued at $28,000 after buying an additional 200 shares in the last quarter. Finally, American Capital Advisory LLC raised its stake in Advanced Micro Devices by 90.3% in the first quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer’s stock valued at $28,000 after buying an additional 130 shares in the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Advanced Micro Devices Stock Performance

Shares of AMD stock opened at $233.08 on Friday. The stock’s 50-day moving average is $175.96 and its two-hundred day moving average is $141.47. The firm has a market cap of $378.25 billion, a price-to-earnings ratio of 133.95, a PEG ratio of 2.33 and a beta of 1.90. Advanced Micro Devices, Inc. has a 1 year low of $76.48 and a 1 year high of $241.20. 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 issued 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). The firm 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 revenue for the quarter was up 31.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Insider Activity

In related news, EVP Forrest Eugene Norrod sold 17,200 shares of the firm’s stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $160.93, for a total transaction of $2,767,996.00. Following the transaction, the executive vice president owned 313,848 shares of the company’s stock, valued at $50,507,558.64. This trade represents a 5.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Paul Darren Grasby sold 10,000 shares of the firm’s stock in a transaction dated 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 transaction, the executive vice president directly owned 125,505 shares in the company, valued at approximately $21,738,721.05. This represents a 7.38% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 274,118 shares of company stock valued at $46,180,719. Insiders own 0.06% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on AMD shares. Morgan Stanley raised their price target on Advanced Micro Devices from $168.00 to $246.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 7th. KGI Securities set a $260.00 price target on Advanced Micro Devices and gave the company an “outperform” rating in a research note on Monday. Evercore ISI raised their price target 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. Melius Research set a $300.00 price target on Advanced Micro Devices in a research note on Monday, October 6th. Finally, Jefferies Financial Group set a $300.00 price target on Advanced Micro Devices and gave the company a “positive” rating in a research note on Monday, October 6th. Three research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $233.94.

Advanced Micro Devices 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.