Advanced Micro Devices, Inc. $AMD Shares Sold by Coastline Trust Co

Key Points

• Coastline Trust Co reduced its stake in Advanced Micro Devices (AMD) by 38.4%, owning 4,034 shares worth approximately $572,000 after selling 2,514 shares.
• Advanced Micro Devices reported a $0.48 EPS for the latest quarter, missing analysts' expectations, but achieved a revenue of $7.69 billion, representing a 31.7% year-over-year increase.
• Insider activity revealed that CEO Lisa T. Su sold 225,000 shares for over $36 million, reducing her total ownership by 6.28%.

Coastline Trust Co decreased its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 38.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,034 shares of the semiconductor manufacturer's stock after selling 2,514 shares during the period. Coastline Trust Co's holdings in Advanced Micro Devices were worth $572,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the stock. Farmers & Merchants Trust Co of Chambersburg PA increased its stake in shares of Advanced Micro Devices by 277.8% during the first quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer's stock valued at $28,000 after acquiring an additional 200 shares during the period. American Capital Advisory LLC boosted 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 valued at $28,000 after purchasing an additional 130 shares in the last quarter. Kozak & Associates Inc. boosted 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 valued at $29,000 after purchasing an additional 123 shares in the last quarter. Investors Research Corp increased its position in shares of Advanced Micro Devices by 117.9% during the 1st quarter. Investors Research Corp now owns 305 shares of the semiconductor manufacturer's stock valued at $31,000 after purchasing an additional 165 shares during the period. Finally, West Branch Capital LLC raised its stake in shares of Advanced Micro Devices by 3,057.1% in the 2nd 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. 71.34% of the stock is owned by institutional investors and hedge funds.

Advanced Micro Devices Stock Performance

Advanced Micro Devices stock opened at $159.46 on Friday. Advanced Micro Devices, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $186.65. The firm's 50 day simple moving average is $165.48 and its 200-day simple moving average is $131.48. 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 market cap of $258.78 billion, a P/E ratio of 91.64, a price-to-earnings-growth ratio of 1.88 and a beta of 1.92.

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 return on equity of 7.54% and a net margin of 9.57%.The firm had revenue of $7.69 billion during the quarter, compared to analyst estimates of $7.41 billion. During the same period in the prior year, the business posted $0.69 EPS. The company's revenue for the quarter was up 31.7% on a year-over-year basis. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, equities research analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Insider Activity

In other Advanced Micro Devices news, CEO Lisa T. Su sold 225,000 shares of the business's stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $163.97, for a total transaction of $36,893,250.00. Following the sale, the chief executive officer directly owned 3,359,748 shares of the company's stock, valued at $550,897,879.56. The trade was a 6.28% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Paul Darren Grasby sold 10,000 shares of the business's stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $173.21, for a total transaction of $1,732,100.00. Following the sale, the executive vice president directly owned 125,505 shares in the company, valued at approximately $21,738,721.05. This trade represents a 7.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 272,448 shares of company stock valued at $44,554,848 in the last 90 days. Company insiders own 0.06% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on AMD. DZ Bank raised Advanced Micro Devices from a "sell" rating to a "hold" rating and set a $165.00 target price for the company in a research note on Thursday, August 7th. Evercore ISI raised their price objective on shares of Advanced Micro Devices from $144.00 to $188.00 and gave the company an "outperform" rating in a research report on Wednesday, August 6th. Sanford C. Bernstein lifted their price objective on shares of Advanced Micro Devices from $95.00 to $140.00 and gave the stock a "market perform" rating in a research note on Monday, July 21st. The Goldman Sachs Group upgraded shares of Advanced Micro Devices to a "hold" rating and set a $140.00 target price on the stock in a report on Thursday, July 10th. Finally, Wells Fargo & Company raised their target price on shares of Advanced Micro Devices from $120.00 to $185.00 and gave the stock an "overweight" rating in a report on Wednesday, July 16th. Three research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, Advanced Micro Devices has an average rating of "Moderate Buy" and a consensus price target of $180.88.

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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