Advanced Micro Devices (NASDAQ:AMD) Stock Price Down 7.8% - Here's Why

Key Points

• Advanced Micro Devices (AMD) shares dropped significantly by 7.8%, reaching a low of $213.20, amid increased trading volume of 114.87 million, more than double the average.
• Analysts have varied ratings on AMD, with price targets set between $95.00 and $300.00, while the stock holds a consensus rating of "Moderate Buy."
• In recent insider trading, AMD's CEO sold 225,000 shares for over $36 million, contributing to a total of $45 million in sales by insiders in the last ninety days.

Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Get Free Report) fell 7.8% on Friday . The company traded as low as $213.20 and last traded at $214.76. 114,873,244 shares changed hands during mid-day trading, an increase of 135% from the average session volume of 48,974,281 shares. The stock had previously closed at $232.89.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on AMD. JPMorgan Chase & Co. lifted their price objective on Advanced Micro Devices from $120.00 to $180.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 6th. Stifel Nicolaus set a $240.00 price target on Advanced Micro Devices in a research report on Monday. Sanford C. Bernstein lifted their price target on Advanced Micro Devices from $95.00 to $140.00 and gave the company a "market perform" rating in a research report on Monday, July 21st. Susquehanna lifted their price target on Advanced Micro Devices from $135.00 to $210.00 and gave the company a "positive" rating in a research report on Wednesday, July 30th. Finally, Barclays lifted their price target on Advanced Micro Devices from $200.00 to $300.00 and gave the company an "overweight" rating in a research report on Monday. Three investment analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $217.70.

Advanced Micro Devices Stock Down 7.8%

The company has a 50 day moving average price of $169.47 and a two-hundred day moving average price of $136.53. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81. The stock has a market cap of $348.52 billion, a PE ratio of 123.42, a PEG ratio of 2.77 and a beta of 1.90.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 EPS for the quarter, missing analysts' consensus estimates 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 firm had revenue of $7.69 billion for the quarter, compared to analysts' expectations of $7.41 billion. During the same quarter last year, the company posted $0.69 EPS. The firm's revenue was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, SVP Ava Hahn sold 2,868 shares of the business's stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $226.01, for a total transaction of $648,196.68. Following the completion of the sale, the senior vice president owned 9,033 shares of the company's stock, valued at approximately $2,041,548.33. The trade was a 24.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Lisa T. Su sold 225,000 shares of the company's stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $163.97, for a total value of $36,893,250.00. Following the completion of the transaction, the chief executive officer directly owned 3,359,748 shares of the company's stock, valued at approximately $550,897,879.56. This trade represents a 6.28% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 275,316 shares of company stock valued at $45,203,045 in the last ninety days. 0.06% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Advanced Micro Devices

A number of hedge funds have recently made changes to their positions in AMD. Fluent Financial LLC purchased a new stake in Advanced Micro Devices during the third quarter valued at approximately $5,847,000. BNC Wealth Management LLC grew its stake in Advanced Micro Devices by 58.6% in the third quarter. BNC Wealth Management LLC now owns 28,548 shares of the semiconductor manufacturer's stock worth $4,619,000 after purchasing an additional 10,543 shares in the last quarter. Red Door Wealth Management LLC bought a new stake in Advanced Micro Devices during the 3rd quarter valued at $202,000. Trust Point Inc. bought a new stake in Advanced Micro Devices during the 3rd quarter valued at $750,000. Finally, Corsicana & Co. bought a new stake in Advanced Micro Devices during the 3rd quarter valued at $73,000. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

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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