Guggenheim Capital LLC Sells 65,623 Shares of Advanced Micro Devices, Inc. $AMD

Guggenheim Capital LLC lowered its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 11.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 485,473 shares of the semiconductor manufacturer’s stock after selling 65,623 shares during the period. Guggenheim Capital LLC’s holdings in Advanced Micro Devices were worth $49,877,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Greenline Partners LLC bought a new position in shares of Advanced Micro Devices in the 4th quarter valued at about $28,000. Mpwm Advisory Solutions LLC bought a new position in shares of Advanced Micro Devices in the 4th quarter valued at about $30,000. Farmers & Merchants Trust Co of Chambersburg PA grew its position in shares of Advanced Micro Devices by 277.8% in the 1st quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer’s stock valued at $28,000 after acquiring an additional 200 shares during the period. American Capital Advisory LLC grew its position in shares of Advanced Micro Devices by 90.3% in the 1st quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer’s stock valued at $28,000 after acquiring an additional 130 shares during the period. Finally, Investors Research Corp grew its position in shares of Advanced Micro Devices by 117.9% in the 1st quarter. Investors Research Corp now owns 305 shares of the semiconductor manufacturer’s stock valued at $31,000 after acquiring an additional 165 shares during the period. Institutional investors own 71.34% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on AMD. Erste Group Bank raised shares of Advanced Micro Devices from a “hold” rating to a “buy” rating in a research report on Wednesday, July 23rd. Melius Research upgraded shares of Advanced Micro Devices from a “hold” rating to a “strong-buy” rating and raised their target price for the stock from $110.00 to $175.00 in a research note on Monday, June 23rd. JPMorgan Chase & Co. raised their target price on shares of Advanced Micro Devices from $120.00 to $180.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 6th. Mizuho raised their target price on shares of Advanced Micro Devices from $183.00 to $205.00 and gave the stock an “outperform” rating in a research note on Thursday, August 14th. Finally, Roth Capital set a $150.00 target price on shares of Advanced Micro Devices and gave the stock a “buy” rating in a research note on Friday, June 13th. Four research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Advanced Micro Devices presently has a consensus rating of “Moderate Buy” and an average target price of $181.33.

Advanced Micro Devices Price Performance

Shares of Advanced Micro Devices stock opened at $166.62 on Wednesday. Advanced Micro Devices, Inc. has a twelve month low of $76.48 and a twelve month high of $186.65. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05. The company has a 50-day simple moving average of $157.01 and a two-hundred day simple moving average of $122.85. The stock has a market capitalization of $270.40 billion, a price-to-earnings ratio of 95.76, a price-to-earnings-growth ratio of 1.93 and a beta of 1.94.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share 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 business had revenue of $7.69 billion during the quarter, compared to analyst estimates of $7.41 billion. During the same quarter last year, the firm earned $0.69 EPS. Advanced Micro Devices’s revenue for the quarter was up 31.7% compared to the same quarter last year. 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 declared that its Board of Directors has approved a stock repurchase plan on Wednesday, May 14th that permits the company to repurchase $6.00 billion in shares. This repurchase authorization permits the semiconductor manufacturer to purchase up to 3.1% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s management believes its shares are undervalued.

Insiders Place Their Bets

In other Advanced Micro Devices news, CEO Lisa T. Su sold 225,000 shares of Advanced Micro Devices stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $163.97, for a total value of $36,893,250.00. Following the completion of the sale, the chief executive officer owned 3,359,748 shares in the company, valued at $550,897,879.56. The trade was a 6.28% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Paul Darren Grasby sold 10,000 shares of Advanced Micro Devices stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total transaction of $1,732,100.00. Following the completion of the sale, the executive vice president owned 125,505 shares of the company’s stock, valued at $21,738,721.05. This trade represents a 7.38% decrease in their position. The disclosure for this sale can be found here. Insiders sold 252,998 shares of company stock worth $41,415,580 in the last quarter. 0.06% of the stock is currently owned by corporate insiders.

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.