Advanced Micro Devices, Inc. $AMD Shares Sold by Kidder Stephen W

Kidder Stephen W lowered its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 0.5% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 65,943 shares of the semiconductor manufacturer’s stock after selling 325 shares during the quarter. Advanced Micro Devices comprises about 2.8% of Kidder Stephen W’s investment portfolio, making the stock its 16th largest position. Kidder Stephen W’s holdings in Advanced Micro Devices were worth $9,357,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Abel Hall LLC acquired a new stake in Advanced Micro Devices during the second quarter valued at approximately $248,000. REAP Financial Group LLC grew its holdings in shares of Advanced Micro Devices by 16.9% during the second quarter. REAP Financial Group LLC now owns 1,197 shares of the semiconductor manufacturer’s stock valued at $170,000 after purchasing an additional 173 shares during the last quarter. Sax Wealth Advisors LLC grew its holdings in shares of Advanced Micro Devices by 4.8% during the second quarter. Sax Wealth Advisors LLC now owns 3,775 shares of the semiconductor manufacturer’s stock valued at $536,000 after purchasing an additional 173 shares during the last quarter. High Note Wealth LLC grew its holdings in shares of Advanced Micro Devices by 285.5% during the second quarter. High Note Wealth LLC now owns 266 shares of the semiconductor manufacturer’s stock valued at $38,000 after purchasing an additional 197 shares during the last quarter. Finally, SGL Investment Advisors Inc. grew its holdings in shares of Advanced Micro Devices by 91.5% during the second quarter. SGL Investment Advisors Inc. now owns 5,337 shares of the semiconductor manufacturer’s stock valued at $736,000 after purchasing an additional 2,550 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Advanced Micro Devices Stock Performance

Shares of AMD stock opened at $211.51 on Wednesday. Advanced Micro Devices, Inc. has a 12-month low of $76.48 and a 12-month high of $226.71. The firm has a market capitalization of $343.25 billion, a price-to-earnings ratio of 121.56, a price-to-earnings-growth ratio of 2.40 and a beta of 1.90. The business has a 50 day simple moving average of $167.22 and a 200 day simple moving average of $135.02. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81.

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 analysts’ consensus estimates of $0.54 by ($0.06). The business had revenue of $7.69 billion during the quarter, compared to the consensus estimate 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 quarterly revenue was up 31.7% compared to the same quarter last year. During the same period last year, the company earned $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, equities research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have recently commented on AMD shares. DZ Bank raised Advanced Micro Devices from a “sell” rating to a “hold” rating and set a $165.00 target price for the company in a report on Thursday, August 7th. Bank of America upped their target price on Advanced Micro Devices from $175.00 to $200.00 and gave the company a “buy” rating in a report on Tuesday, July 29th. Melius Research set a $300.00 target price on Advanced Micro Devices in a report on Monday. Evercore ISI upped their target price on Advanced Micro Devices from $188.00 to $240.00 and gave the company an “outperform” rating in a report on Tuesday. Finally, Rosenblatt Securities upped their target price on Advanced Micro Devices from $200.00 to $250.00 and gave the company a “buy” rating in a report on Tuesday. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $213.00.

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 17,200 shares of the stock in a transaction on 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 completion of the transaction, the executive vice president directly owned 313,848 shares of the company’s stock, valued at approximately $50,507,558.64. This trade represents a 5.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Mark D. Papermaster sold 17,998 shares of the stock in a transaction on Tuesday, July 15th. The shares were sold at an average price of $155.03, for a total value of $2,790,229.94. Following the transaction, the executive vice president directly owned 1,713,710 shares of the company’s stock, valued at approximately $265,676,461.30. The trade was a 1.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 272,448 shares of company stock valued at $44,554,848. Company insiders own 0.06% of the company’s stock.

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.