Advanced Micro Devices, Inc. $AMD Holdings Lowered by Lumbard & Kellner LLC

Lumbard & Kellner LLC reduced its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 15.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 32,306 shares of the semiconductor manufacturer’s stock after selling 5,787 shares during the period. Advanced Micro Devices accounts for approximately 2.0% of Lumbard & Kellner LLC’s holdings, making the stock its 20th biggest position. Lumbard & Kellner LLC’s holdings in Advanced Micro Devices were worth $4,584,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in AMD. First National Advisers LLC lifted its position in Advanced Micro Devices by 2.4% in the second quarter. First National Advisers LLC now owns 5,095 shares of the semiconductor manufacturer’s stock worth $723,000 after purchasing an additional 120 shares during the period. Stablepoint Partners LLC raised its stake in shares of Advanced Micro Devices by 8.2% in the 2nd quarter. Stablepoint Partners LLC now owns 12,502 shares of the semiconductor manufacturer’s stock worth $1,774,000 after buying an additional 948 shares in the last quarter. Berry Wealth Group LP lifted its holdings in shares of Advanced Micro Devices by 4.7% in the second quarter. Berry Wealth Group LP now owns 4,069 shares of the semiconductor manufacturer’s stock valued at $577,000 after buying an additional 183 shares during the period. Pursue Wealth Partners LLC bought a new position in Advanced Micro Devices during the second quarter valued at about $371,000. Finally, Meridian Wealth Partners LLC boosted its stake in Advanced Micro Devices by 29.1% during the second quarter. Meridian Wealth Partners LLC now owns 3,850 shares of the semiconductor manufacturer’s stock valued at $546,000 after buying an additional 867 shares in the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Raymond James Financial started coverage on shares of Advanced Micro Devices in a report on Thursday, November 20th. They issued an “outperform” rating and a $377.00 price target for the company. Roth Capital reissued a “buy” rating and set a $300.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, November 12th. Wolfe Research set a $300.00 target price on shares of Advanced Micro Devices and gave the stock an “outperform” rating in a report on Tuesday, October 14th. Cowen reaffirmed a “buy” rating on shares of Advanced Micro Devices in a report on Wednesday, November 5th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $350.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, November 12th. Three analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $278.54.

Advanced Micro Devices Trading Up 1.5%

Advanced Micro Devices stock opened at $217.49 on Monday. Advanced Micro Devices, Inc. has a 52 week low of $76.48 and a 52 week high of $267.08. 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 firm has a market capitalization of $354.08 billion, a price-to-earnings ratio of 124.99, a P/E/G ratio of 2.42 and a beta of 1.93. The company has a 50 day moving average price of $219.93 and a 200 day moving average price of $172.63.

Advanced Micro Devices (NASDAQ:AMD) last released its earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.17 by $0.03. The company had revenue of $9.25 billion during the quarter, compared to analyst estimates of $8.76 billion. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The company’s revenue for the quarter was up 35.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.92 earnings per share. Advanced Micro Devices has set its Q4 2025 guidance at EPS. Research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Insider Buying and Selling

In other Advanced Micro Devices news, SVP Ava Hahn sold 2,868 shares of the firm’s stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $226.01, for a total transaction of $648,196.68. Following the completion of the sale, the senior vice president directly owned 9,033 shares in the company, valued at approximately $2,041,548.33. This trade represents a 24.10% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Mark D. Papermaster sold 17,108 shares of Advanced Micro Devices stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $240.12, for a total value of $4,107,972.96. Following the transaction, the executive vice president directly owned 1,714,505 shares in the company, valued at approximately $411,686,940.60. This trade represents a 0.99% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 75,676 shares of company stock valued at $16,124,589. Corporate insiders own 0.06% of the company’s stock.

Advanced Micro Devices Company 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.