RWA Wealth Partners LLC decreased its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 8.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,510 shares of the semiconductor manufacturer’s stock after selling 744 shares during the period. RWA Wealth Partners LLC’s holdings in Advanced Micro Devices were worth $1,208,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently modified their holdings of AMD. AGF Management Ltd. acquired a new stake in shares of Advanced Micro Devices during the 2nd quarter valued at $2,206,000. Summit Investment Advisors Inc. raised its position in Advanced Micro Devices by 2.0% in the first quarter. Summit Investment Advisors Inc. now owns 95,961 shares of the semiconductor manufacturer’s stock valued at $9,859,000 after purchasing an additional 1,895 shares during the last quarter. AE Wealth Management LLC boosted its stake in shares of Advanced Micro Devices by 3.4% during the second quarter. AE Wealth Management LLC now owns 303,266 shares of the semiconductor manufacturer’s stock valued at $43,033,000 after purchasing an additional 9,892 shares in the last quarter. Legacy Investment Solutions LLC acquired a new stake in shares of Advanced Micro Devices during the second quarter valued at about $57,000. Finally, Summit Wealth & Retirement Planning Inc. bought a new stake in shares of Advanced Micro Devices during the second quarter worth about $233,000. Institutional investors own 71.34% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research analysts recently issued reports on AMD shares. Morgan Stanley raised their price objective on shares of Advanced Micro Devices from $246.00 to $260.00 and gave the company an “equal weight” rating in a report on Wednesday. DZ Bank raised shares of Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $250.00 price target for the company in a research note on Wednesday, October 8th. Citigroup boosted their price objective on shares of Advanced Micro Devices from $215.00 to $260.00 and gave the stock a “neutral” rating in a research note on Wednesday. UBS Group increased their price objective on Advanced Micro Devices from $265.00 to $300.00 and gave the company a “buy” rating in a report on Wednesday. Finally, Mizuho raised their target price on Advanced Micro Devices from $205.00 to $275.00 and gave the stock an “outperform” rating in a research report on Monday, October 13th. Three analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $263.26.
Insider Buying and Selling at Advanced Micro Devices
In other news, EVP Mark D. Papermaster sold 16,800 shares of the firm’s stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $224.28, for a total transaction of $3,767,904.00. Following the completion of the sale, the executive vice president owned 1,714,505 shares of the company’s stock, valued at $384,529,181.40. This trade represents a 0.97% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Forrest Eugene Norrod sold 2,250 shares of Advanced Micro Devices stock in a transaction on Wednesday, September 24th. The shares were sold at an average price of $165.01, for a total transaction of $371,272.50. Following the completion of the sale, the executive vice president owned 311,598 shares of the company’s stock, valued at $51,416,785.98. This represents a 0.72% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 274,118 shares of company stock valued at $46,180,719 over the last ninety days. Insiders own 0.06% of the company’s stock.
Advanced Micro Devices Price Performance
Shares of NASDAQ AMD opened at $233.54 on Monday. The company has a market capitalization of $380.21 billion, a PE ratio of 134.22, a P/E/G ratio of 2.42 and a beta of 1.93. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05. Advanced Micro Devices, Inc. has a twelve month low of $76.48 and a twelve month high of $267.08. The firm has a fifty day simple moving average of $199.34 and a 200 day simple moving average of $159.34.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last issued its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 EPS for the quarter, beating analysts’ consensus estimates of $1.17 by $0.03. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The business had revenue of $9.25 billion for the quarter, compared to analysts’ expectations of $8.76 billion. During the same quarter in the prior year, the firm posted $0.92 earnings per share. The business’s quarterly revenue was up 35.6% compared to the same quarter last year. Advanced Micro Devices has set its Q4 2025 guidance at EPS. On average, sell-side analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.
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.
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