Channel Wealth LLC Has $2.42 Million Stake in Advanced Micro Devices, Inc. $AMD

Channel Wealth LLC decreased its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 2.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,050 shares of the semiconductor manufacturer’s stock after selling 470 shares during the quarter. Channel Wealth LLC’s holdings in Advanced Micro Devices were worth $2,419,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of AMD. Farmers & Merchants Trust Co of Chambersburg PA grew its holdings in Advanced Micro Devices by 277.8% during the 1st quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer’s stock worth $28,000 after acquiring an additional 200 shares during the period. American Capital Advisory LLC boosted its position in shares of Advanced Micro Devices by 90.3% during the 1st quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer’s stock valued at $28,000 after purchasing an additional 130 shares in the last quarter. Kozak & Associates Inc. grew its stake in Advanced Micro Devices by 67.6% during the first quarter. Kozak & Associates Inc. now owns 305 shares of the semiconductor manufacturer’s stock worth $29,000 after purchasing an additional 123 shares during the period. Mpwm Advisory Solutions LLC bought a new stake in Advanced Micro Devices in the fourth quarter worth approximately $30,000. Finally, Investors Research Corp lifted its stake in Advanced Micro Devices by 117.9% in the first quarter. Investors Research Corp now owns 305 shares of the semiconductor manufacturer’s stock valued at $31,000 after buying an additional 165 shares during the period. Institutional investors own 71.34% of the company’s stock.

Insider Activity

In other news, CEO Lisa T. Su sold 225,000 shares of the firm’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $163.97, for a total value of $36,893,250.00. Following 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 transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Forrest Eugene Norrod sold 17,200 shares of the business’s stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $160.93, for a total value of $2,767,996.00. Following the sale, the executive vice president owned 313,848 shares of the company’s stock, valued at approximately $50,507,558.64. This represents a 5.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 270,198 shares of company stock worth $44,183,576. Corporate insiders own 0.06% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on AMD shares. Citigroup lifted their price target on shares of Advanced Micro Devices from $145.00 to $165.00 and gave the company a “neutral” rating in a research note on Friday, July 18th. Morgan Stanley lowered their price objective on shares of Advanced Micro Devices from $185.00 to $168.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 6th. Hsbc Global Res raised shares of Advanced Micro Devices from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 10th. UBS Group raised their price target on shares of Advanced Micro Devices from $150.00 to $210.00 and gave the company a “buy” rating in a research report on Monday, July 28th. Finally, Jefferies Financial Group upped their price target on Advanced Micro Devices from $100.00 to $160.00 in a report on Wednesday, July 16th. Three analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Advanced Micro Devices currently has an average rating of “Moderate Buy” and an average target price of $180.88.

Advanced Micro Devices Price Performance

Shares of Advanced Micro Devices stock opened at $160.46 on Wednesday. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $186.65. The stock has a market capitalization of $260.40 billion, a P/E ratio of 92.22, a price-to-earnings-growth ratio of 1.90 and a beta of 1.92. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81. The business’s 50 day simple moving average is $164.11 and its two-hundred day simple moving average is $128.13.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 EPS for the quarter, missing the consensus estimate of $0.54 by ($0.06). The company 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 firm’s revenue for the quarter was up 31.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

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.