Advanced Micro Devices (NASDAQ:AMD) Stock Price Down 1.1% After Insider Selling

Key Points

• Advanced Micro Devices (AMD) shares dropped 1.1% amid insider selling, with approximately 93% increase in trading volume compared to the daily average.
• Senior VP Ava Hahn sold 2,868 shares on October 6th, marking a 24.10% decrease in her position within the company.
• Wall Street analysts have varying ratings, with a consensus rating of "Moderate Buy" and a target price of $217.70, as well as recent earnings showing a 31.7% year-over-year revenue increase.

Advanced Micro Devices, Inc. (NASDAQ:AMD - Get Free Report) shares dropped 1.1% during trading on Thursday after an insider sold shares in the company. The company traded as low as $229.53 and last traded at $232.89. Approximately 93,720,916 shares changed hands during mid-day trading, an increase of 93% from the average daily volume of 48,614,211 shares. The stock had previously closed at $235.56.

Specifically, 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 transaction of $648,196.68. Following the transaction, the senior vice president directly owned 9,033 shares in the company, valued at $2,041,548.33. This trade represents a 24.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Wall Street Analyst Weigh In

AMD has been the topic of a number of analyst reports. Cantor Fitzgerald reiterated an "overweight" rating and issued a $200.00 price target on shares of Advanced Micro Devices in a report on Wednesday, August 6th. Evercore ISI raised their price objective on Advanced Micro Devices from $188.00 to $240.00 and gave the stock an "outperform" rating in a research report on Tuesday. Wedbush reissued a "cautious" rating on shares of Advanced Micro Devices in a research report on Saturday, August 9th. Melius raised Advanced Micro Devices from a "hold" rating to a "buy" rating and set a $175.00 price objective for the company in a research report on Monday, June 23rd. Finally, Jefferies Financial Group set a $300.00 price objective on Advanced Micro Devices and gave the stock a "positive" rating in a research report on Monday. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $217.70.

Advanced Micro Devices Trading Down 1.1%

The firm has a market cap of $377.94 billion, a price-to-earnings ratio of 133.84, a PEG ratio of 2.50 and a beta of 1.90. The company has a fifty day moving average price of $168.34 and a 200-day moving average price of $135.71. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by ($0.06). Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The company had revenue of $7.69 billion during the quarter, compared to analyst estimates of $7.41 billion. During the same period last year, the firm earned $0.69 EPS. The business's quarterly revenue was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, research analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Institutional Investors Weigh In On Advanced Micro Devices

Several large investors have recently bought and sold shares of AMD. Pinney & Scofield Inc. increased its stake in Advanced Micro Devices by 81.0% during the 2nd quarter. Pinney & Scofield Inc. now owns 190 shares of the semiconductor manufacturer's stock worth $27,000 after buying an additional 85 shares in the last quarter. Farmers & Merchants Trust Co of Chambersburg PA increased its stake 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 buying an additional 200 shares in the last quarter. American Capital Advisory LLC increased its stake in Advanced Micro Devices by 90.3% during the 1st quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer's stock worth $28,000 after buying an additional 130 shares in the last quarter. Kozak & Associates Inc. increased its stake in Advanced Micro Devices by 67.6% during the 1st quarter. Kozak & Associates Inc. now owns 305 shares of the semiconductor manufacturer's stock worth $29,000 after buying an additional 123 shares in the last quarter. Finally, Dogwood Wealth Management LLC increased its stake in Advanced Micro Devices by 2,311.1% during the 2nd quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer's stock worth $30,000 after buying an additional 208 shares in the last quarter. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

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.

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