Sage Mountain Advisors LLC Sells 187 Shares of Advanced Micro Devices, Inc. $AMD

Sage Mountain Advisors LLC trimmed its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 2.0% in the second quarter, Holdings Channel.com reports. The firm owned 9,362 shares of the semiconductor manufacturer’s stock after selling 187 shares during the quarter. Sage Mountain Advisors LLC’s holdings in Advanced Micro Devices were worth $1,329,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Cornerstone Advisory LLC lifted its position in Advanced Micro Devices by 1.4% during the second quarter. Cornerstone Advisory LLC now owns 4,271 shares of the semiconductor manufacturer’s stock worth $606,000 after purchasing an additional 57 shares during the period. Tritonpoint Wealth LLC lifted its position in Advanced Micro Devices by 2.6% during the second quarter. Tritonpoint Wealth LLC now owns 2,857 shares of the semiconductor manufacturer’s stock worth $405,000 after purchasing an additional 72 shares during the period. Avion Wealth lifted its position in Advanced Micro Devices by 49.3% during the second quarter. Avion Wealth now owns 218 shares of the semiconductor manufacturer’s stock worth $30,000 after purchasing an additional 72 shares during the period. Scott & Selber Inc. lifted its position in Advanced Micro Devices by 0.7% during the second quarter. Scott & Selber Inc. now owns 10,465 shares of the semiconductor manufacturer’s stock worth $1,485,000 after purchasing an additional 73 shares during the period. Finally, Sandy Cove Advisors LLC lifted its position in Advanced Micro Devices by 1.4% during the second quarter. Sandy Cove Advisors LLC now owns 5,470 shares of the semiconductor manufacturer’s stock worth $776,000 after purchasing an additional 75 shares during the period. 71.34% of the stock is owned by institutional investors.

Advanced Micro Devices Stock Up 7.6%

Shares of NASDAQ AMD opened at $252.92 on Friday. The company has a 50 day simple moving average of $182.09 and a 200 day simple moving average of $146.65. The firm has a market cap of $410.45 billion, a PE ratio of 145.36, a price-to-earnings-growth ratio of 2.15 and a beta of 1.90. Advanced Micro Devices, Inc. has a 1 year low of $76.48 and a 1 year high of $253.39. 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 (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.06). The business had revenue of $7.69 billion during the quarter, compared to the consensus estimate of $7.41 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The firm’s quarterly revenue was up 31.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Insiders Place Their Bets

In related news, EVP Paul Darren Grasby sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $173.21, for a total value of $1,732,100.00. Following the completion of the transaction, the executive vice president owned 125,505 shares in the company, valued at $21,738,721.05. This trade represents a 7.38% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, 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 transaction, the executive vice president owned 1,714,505 shares of the company’s stock, valued at approximately $384,529,181.40. This trade represents a 0.97% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 274,118 shares of company stock worth $46,180,719 over the last quarter. 0.06% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research firms recently weighed in on AMD. Piper Sandler reaffirmed an “overweight” rating and set a $240.00 price objective on shares of Advanced Micro Devices in a research report on Tuesday, October 7th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Advanced Micro Devices in a research report on Friday. Mizuho boosted their target price on Advanced Micro Devices from $205.00 to $275.00 and gave the stock an “outperform” rating in a research note on Monday, October 13th. Citigroup boosted their target price on Advanced Micro Devices from $180.00 to $215.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 7th. Finally, Dbs Bank raised Advanced Micro Devices from a “hold” rating to a “moderate buy” rating in a research note on Monday, October 6th. Three research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $233.94.

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.