Rathbones Group PLC Lowers Stock Holdings in Advanced Micro Devices, Inc. $AMD

Rathbones Group PLC reduced its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 7.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,890 shares of the semiconductor manufacturer’s stock after selling 653 shares during the quarter. Rathbones Group PLC’s holdings in Advanced Micro Devices were worth $1,120,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. Wise Wealth Partners bought a new position in shares of Advanced Micro Devices in the second quarter valued at approximately $343,000. Waterfront Wealth Inc. bought a new stake in Advanced Micro Devices during the second quarter worth approximately $1,145,000. Parisi Gray Wealth Management acquired a new stake in Advanced Micro Devices in the second quarter worth approximately $343,000. Cornercap Investment Counsel Inc. boosted its stake in Advanced Micro Devices by 43.3% during the 2nd quarter. Cornercap Investment Counsel Inc. now owns 12,245 shares of the semiconductor manufacturer’s stock valued at $1,738,000 after purchasing an additional 3,702 shares in the last quarter. Finally, Davis Investment Partners LLC acquired a new position in shares of Advanced Micro Devices during the 2nd quarter valued at $736,000. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Advanced Micro Devices Stock Performance

Shares of AMD opened at $243.98 on Tuesday. The company has a 50-day moving average of $200.97 and a two-hundred day moving average of $160.39. The stock has a market cap of $397.21 billion, a price-to-earnings ratio of 140.22, a PEG ratio of 2.42 and a beta of 1.93. 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, Inc. has a one year low of $76.48 and a one year high of $267.08.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly 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 business had revenue of $9.25 billion for the quarter, compared to analyst estimates of $8.76 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The firm’s revenue was up 35.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.92 earnings per share. Advanced Micro Devices has set its Q4 2025 guidance at EPS. On average, equities research analysts expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Insider Activity

In other news, EVP Forrest Eugene Norrod sold 2,250 shares of the stock in a transaction on Wednesday, September 24th. The stock was sold at an average price of $165.01, for a total value of $371,272.50. Following the completion of the sale, the executive vice president owned 311,598 shares in the company, valued at $51,416,785.98. This represents a 0.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Ava Hahn sold 2,868 shares of the firm’s stock in a transaction on Monday, October 6th. The stock was sold at an average price of $226.01, for a total value of $648,196.68. Following the completion of the sale, the senior vice president directly owned 9,033 shares of the company’s stock, valued at approximately $2,041,548.33. This trade represents a 24.10% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 264,118 shares of company stock valued at $44,448,619 in the last 90 days. Company insiders own 0.06% of the company’s stock.

Analyst Ratings Changes

AMD has been the subject of several research analyst reports. Wolfe Research set a $300.00 price objective on Advanced Micro Devices and gave the company an “outperform” rating in a report on Tuesday, October 14th. Melius Research set a $300.00 price target on shares of Advanced Micro Devices in a report on Monday, October 6th. Bank of America raised their price objective on shares of Advanced Micro Devices from $250.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, October 17th. Morgan Stanley boosted their target price on shares of Advanced Micro Devices from $246.00 to $260.00 and gave the stock an “equal weight” rating in a report on Wednesday, November 5th. Finally, CICC Research raised shares of Advanced Micro Devices from a “market perform” rating to an “outperform” rating and set a $265.00 target price for the company in a research note on Friday. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $263.26.

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.