Interchange Capital Partners LLC Sells 850 Shares of Advanced Micro Devices, Inc. $AMD

Interchange Capital Partners LLC trimmed its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 13.3% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 5,537 shares of the semiconductor manufacturer’s stock after selling 850 shares during the quarter. Interchange Capital Partners LLC’s holdings in Advanced Micro Devices were worth $786,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in AMD. Kingstone Capital Partners Texas LLC bought a new stake in Advanced Micro Devices during the second quarter valued at approximately $958,422,000. Goldman Sachs Group Inc. grew its position in Advanced Micro Devices by 169.7% during the first quarter. Goldman Sachs Group Inc. now owns 9,855,341 shares of the semiconductor manufacturer’s stock valued at $1,012,538,000 after buying an additional 6,200,850 shares during the period. T. Rowe Price Investment Management Inc. grew its position in Advanced Micro Devices by 131.5% during the first quarter. T. Rowe Price Investment Management Inc. now owns 10,413,139 shares of the semiconductor manufacturer’s stock valued at $1,069,846,000 after buying an additional 5,915,185 shares during the period. Nuveen LLC bought a new stake in Advanced Micro Devices during the first quarter valued at approximately $436,746,000. Finally, Parnassus Investments LLC grew its position in Advanced Micro Devices by 47,883.5% during the first quarter. Parnassus Investments LLC now owns 4,142,418 shares of the semiconductor manufacturer’s stock valued at $425,592,000 after buying an additional 4,133,785 shares during the period. 71.34% of the stock is currently owned by institutional investors.

Insider Transactions at Advanced Micro Devices

In other news, EVP Mark D. Papermaster sold 16,800 shares of the business’s stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $224.28, for a total value of $3,767,904.00. Following the transaction, the executive vice president owned 1,714,505 shares of the company’s stock, valued at approximately $384,529,181.40. The trade was a 0.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Lisa T. Su sold 225,000 shares of the business’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $163.97, for a total transaction of $36,893,250.00. Following the completion of the transaction, the chief executive officer directly owned 3,359,748 shares in the company, valued at $550,897,879.56. This trade represents a 6.28% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 274,118 shares of company stock valued at $46,180,719. 0.06% of the stock is owned by corporate insiders.

Advanced Micro Devices Price Performance

AMD stock opened at $252.92 on Friday. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $253.39. The company’s fifty day moving average price is $182.09 and its 200-day moving average price is $147.13. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.81 and a current ratio of 2.49. The company has a market capitalization of $410.45 billion, a PE ratio of 145.36, a price-to-earnings-growth ratio of 2.31 and a beta of 1.90.

Advanced Micro Devices (NASDAQ:AMD) last released its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 EPS for the quarter, missing the consensus estimate of $0.54 by ($0.06). Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The company had revenue of $7.69 billion during the quarter, compared to analysts’ expectations of $7.41 billion. During the same period last year, the firm posted $0.69 EPS. Advanced Micro Devices’s quarterly revenue was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, equities analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages recently issued reports on AMD. Evercore ISI boosted their target price on shares of Advanced Micro Devices from $188.00 to $240.00 and gave the company an “outperform” rating in a research report on Tuesday, October 7th. Jefferies Financial Group set a $300.00 price target on shares of Advanced Micro Devices and gave the company a “positive” rating in a report on Monday, October 6th. Barclays lifted their price target on shares of Advanced Micro Devices from $200.00 to $300.00 and gave the company an “overweight” rating in a report on Monday, October 6th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Advanced Micro Devices in a report on Friday. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and set a $200.00 price target on shares of Advanced Micro Devices in a report on Wednesday, August 6th. 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 given a Sell rating to the company’s stock. According to data from MarketBeat, Advanced Micro Devices has an average rating of “Moderate Buy” and a consensus price target of $233.94.

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.