Advanced Micro Devices (NASDAQ:AMD) SVP Ava Hahn Sells 2,868 Shares

Key Points

• Advanced Micro Devices (NASDAQ:AMD) SVP Ava Hahn sold 2,868 shares at an average price of $226.01, resulting in a total sale of $648,196.68, marking a 24.10% decrease in her ownership of the stock.
• The company's stock price surged 11.4% to $235.56 amidst high trading volume, significantly exceeding its average volume.
• AMD reported $0.48 EPS for the previous quarter, missing estimates by $0.06, but saw a 31.7% increase in revenue year-over-year, totaling $7.69 billion.

Advanced Micro Devices, Inc. (NASDAQ:AMD - Get Free Report) SVP Ava Hahn sold 2,868 shares of Advanced Micro Devices stock in a transaction that occurred 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 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Advanced Micro Devices Trading Up 11.4%

Advanced Micro Devices stock traded up $24.05 during trading hours on Wednesday, reaching $235.56. The company had a trading volume of 157,548,206 shares, compared to its average volume of 48,382,633. 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 company has a 50-day moving average price of $167.22 and a 200 day moving average price of $135.02. The firm has a market cap of $382.28 billion, a price-to-earnings ratio of 135.38, a P/E/G ratio of 2.40 and a beta of 1.90. Advanced Micro Devices, Inc. has a 12-month low of $76.48 and a 12-month high of $235.87.

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

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on AMD. Raymond James Financial lifted their price objective on Advanced Micro Devices from $120.00 to $200.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 6th. Dbs Bank upgraded Advanced Micro Devices from a "hold" rating to a "moderate buy" rating in a research report on Monday. Citigroup lifted their price objective on Advanced Micro Devices from $180.00 to $215.00 and gave the stock a "neutral" rating in a research report on Tuesday. Truist Financial reiterated a "buy" rating and issued a $273.00 price objective (up from $213.00) on shares of Advanced Micro Devices in a research report on Tuesday. Finally, Melius Research set a $300.00 price objective on Advanced Micro Devices 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 issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Advanced Micro Devices presently has an average rating of "Moderate Buy" and a consensus price target of $217.70.

Institutional Trading of Advanced Micro Devices

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Pinney & Scofield Inc. increased its position in Advanced Micro Devices by 81.0% in the second 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. Dogwood Wealth Management LLC increased its position in Advanced Micro Devices by 2,311.1% in the second 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. Avion Wealth increased its position in Advanced Micro Devices by 49.3% in the second quarter. Avion Wealth now owns 218 shares of the semiconductor manufacturer's stock worth $30,000 after buying an additional 72 shares in the last quarter. West Branch Capital LLC increased its position in Advanced Micro Devices by 3,057.1% in the second quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer's stock worth $31,000 after buying an additional 214 shares in the last quarter. Finally, Evolution Wealth Management Inc. purchased a new stake in Advanced Micro Devices in the second quarter worth about $34,000. Hedge funds and other institutional investors own 71.34% of the company's stock.

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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