Seaview Investment Managers LLC Reduces Holdings in Advanced Micro Devices, Inc. $AMD

Seaview Investment Managers LLC trimmed its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 14.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 42,873 shares of the semiconductor manufacturer’s stock after selling 7,447 shares during the quarter. Advanced Micro Devices makes up about 3.5% of Seaview Investment Managers LLC’s holdings, making the stock its 6th largest position. Seaview Investment Managers LLC’s holdings in Advanced Micro Devices were worth $9,182,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Joseph Group Capital Management bought a new position in shares of Advanced Micro Devices in the fourth quarter valued at $25,000. Koesten Hirschmann & Crabtree INC. lifted its position in shares of Advanced Micro Devices by 61.0% during the third quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer’s stock valued at $26,000 after purchasing an additional 61 shares in the last quarter. Aviso Financial Inc. lifted its position in shares of Advanced Micro Devices by 400.0% during the third quarter. Aviso Financial Inc. now owns 200 shares of the semiconductor manufacturer’s stock valued at $32,000 after purchasing an additional 160 shares in the last quarter. Delos Wealth Advisors LLC lifted its position in shares of Advanced Micro Devices by 100.0% during the third quarter. Delos Wealth Advisors LLC now owns 200 shares of the semiconductor manufacturer’s stock valued at $32,000 after purchasing an additional 100 shares in the last quarter. Finally, LFA Lugano Financial Advisors SA lifted its position in shares of Advanced Micro Devices by 74.1% during the third quarter. LFA Lugano Financial Advisors SA now owns 235 shares of the semiconductor manufacturer’s stock valued at $38,000 after purchasing an additional 100 shares in the last quarter. 71.34% of the stock is owned by institutional investors.

Key Advanced Micro Devices News

Here are the key news stories impacting Advanced Micro Devices this week:

• Positive Sentiment: AMD reportedly plans to invest more than $10 billion in Taiwan’s AI market, a move aimed at expanding chip production capacity and deepening ties with packaging and testing partners. Advanced Micro Devices, Inc. (AMD) Plans to Invest more than $10B in Taiwan’s AI Market
• Positive Sentiment: Several analyst and market commentary pieces highlighted AMD as a key beneficiary of the AI chip boom, especially as demand shifts toward inference-focused workloads and investors look for “next Nvidia” opportunities. The ‘Next Nvidia’ Trade? Why Investors Are Suddenly Watching Advanced Micro Devices, Arm Holdings, and Marvell Technology
• Positive Sentiment: Recent bullish coverage says AMD’s AI roadmap, including ROCm adoption and rack-scale solutions, is strengthening its competitive position versus Nvidia and supporting the stock’s momentum. Advanced Micro Devices: 3 Things Favor This Nvidia Competitor, Reiterate Strong Buy
• Neutral Sentiment: AMD remained a heavily watched trading name, with articles noting it was among the most searched stocks and that investors are weighing its next moves after a strong run.
• Negative Sentiment: One report noted a stock sale by executive Forrest Eugene Norrod, which could slightly temper sentiment, though it appears smaller than the positive AI and expansion catalysts. Forrest Eugene Norrod Sells 19,487 Shares of Advanced Micro Devices (NASDAQ:AMD) Stock

Insider Buying and Selling at Advanced Micro Devices

In other news, EVP Paul Darren Grasby sold 24,376 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $444.39, for a total value of $10,832,450.64. Following the sale, the executive vice president owned 105,222 shares of the company’s stock, valued at $46,759,604.58. The trade was a 18.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Forrest Eugene Norrod sold 19,487 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $431.40, for a total transaction of $8,406,691.80. Following the completion of the sale, the executive vice president directly owned 324,527 shares in the company, valued at approximately $140,000,947.80. This trade represents a 5.66% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 329,085 shares of company stock worth $114,051,007. 0.50% of the stock is currently owned by company insiders.

Advanced Micro Devices Price Performance

AMD opened at $467.51 on Tuesday. The company has a quick ratio of 1.96, a current ratio of 2.72 and a debt-to-equity ratio of 0.04. The stock has a market cap of $762.32 billion, a price-to-earnings ratio of 153.28, a PEG ratio of 1.37 and a beta of 2.40. Advanced Micro Devices, Inc. has a twelve month low of $107.67 and a twelve month high of $481.41. The company’s 50-day moving average price is $302.82 and its two-hundred day moving average price is $248.30.

Advanced Micro Devices (NASDAQ:AMD) last released its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share for the quarter, beating analysts’ consensus estimates of $1.29 by $0.08. The firm had revenue of $10.25 billion for the quarter, compared to analysts’ expectations of $9.90 billion. Advanced Micro Devices had a net margin of 13.37% and a return on equity of 9.55%. The company’s quarterly revenue was up 37.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.96 earnings per share. As a group, equities analysts expect that Advanced Micro Devices, Inc. will post 6.2 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. UBS Group set a $310.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, February 4th. BTIG Research raised shares of Advanced Micro Devices to a “buy” rating in a research report on Wednesday, May 6th. Raymond James Financial assumed coverage on shares of Advanced Micro Devices in a research report on Wednesday, May 6th. They set a “market perform” rating on the stock. Wall Street Zen raised shares of Advanced Micro Devices from a “hold” rating to a “buy” rating in a research report on Monday, January 26th. Finally, Wolfe Research assumed coverage on shares of Advanced Micro Devices in a research report on Wednesday, May 6th. They set a “peer perform” rating on the stock. Two investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat.com, Advanced Micro Devices currently has an average rating of “Moderate Buy” and a consensus target price of $410.00.

Advanced Micro Devices Profile

Advanced Micro Devices, Inc (NASDAQ: AMD) is a global semiconductor company that designs and sells microprocessors, graphics processors, chipsets and adaptive computing solutions for a broad set of markets. The company’s product portfolio includes consumer and commercial CPUs under the Ryzen and Threadripper brands, data center processors under the EPYC brand, and Radeon graphics processing units for gaming and professional visualization. AMD also offers semi-custom system-on-chip (SoC) products for gaming consoles and other specialized applications, and provides supporting software and platform technologies for OEMs, cloud service providers and end users.

Founded in 1969, AMD has evolved from a supplier of logic chips into a diversified, fabless semiconductor designer.