Advanced Micro Devices, Inc. $AMD Shares Sold by Hall Laurie J Trustee

Key Points

• Hall Laurie J Trustee reduced its holdings in Advanced Micro Devices by 7.1% in the first quarter, owning 22,180 shares valued at approximately $2.28 million as of the latest SEC filing.
• Advanced Micro Devices' stock saw several price target upgrades from analysts, with Bank of America raising its target from $175.00 to $200.00 and UBS Group increasing theirs from $150.00 to $210.00, maintaining a "buy" rating.
• The company reported earnings per share (EPS) of $0.48 for the last quarter, missing estimates, but showcased a 31.7% year-over-year revenue increase to $7.69 billion.

Hall Laurie J Trustee lowered its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 7.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 22,180 shares of the semiconductor manufacturer's stock after selling 1,704 shares during the period. Hall Laurie J Trustee's holdings in Advanced Micro Devices were worth $2,279,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Greenline Partners LLC acquired a new position in shares of Advanced Micro Devices during the fourth quarter worth about $28,000. Mpwm Advisory Solutions LLC acquired a new stake in Advanced Micro Devices during the fourth quarter valued at approximately $30,000. Farmers & Merchants Trust Co of Chambersburg PA raised its stake in 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 buying an additional 200 shares in the last quarter. American Capital Advisory LLC raised its stake in Advanced Micro Devices by 90.3% during the first quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer's stock valued at $28,000 after buying an additional 130 shares in the last quarter. Finally, Investors Research Corp raised its stake in Advanced Micro Devices by 117.9% during the first quarter. Investors Research Corp now owns 305 shares of the semiconductor manufacturer's stock valued at $31,000 after buying an additional 165 shares in the last quarter. Hedge funds and other institutional investors own 71.34% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on AMD shares. Bank of America increased their price target on Advanced Micro Devices from $175.00 to $200.00 and gave the stock a "buy" rating in a research report on Tuesday, July 29th. Wells Fargo & Company increased their price target on Advanced Micro Devices from $120.00 to $185.00 and gave the company an "overweight" rating in a research note on Wednesday, July 16th. UBS Group raised their price objective on Advanced Micro Devices from $150.00 to $210.00 and gave the stock a "buy" rating in a research note on Monday, July 28th. Susquehanna raised their target price on Advanced Micro Devices from $135.00 to $210.00 and gave the stock a "positive" rating in a research report on Wednesday, July 30th. Finally, Loop Capital cut their price objective on Advanced Micro Devices from $175.00 to $140.00 and set a "buy" rating for the company in a report on Wednesday, May 7th. Four analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Advanced Micro Devices has an average rating of "Moderate Buy" and an average target price of $181.33.

Advanced Micro Devices Stock Down 0.1%

NASDAQ AMD opened at $162.13 on Thursday. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05. The stock's 50 day moving average is $160.85 and its two-hundred day moving average is $124.95. The company has a market capitalization of $263.11 billion, a price-to-earnings ratio of 93.18, a PEG ratio of 1.93 and a beta of 1.92. Advanced Micro Devices, Inc. has a 1-year low of $76.48 and a 1-year high of $186.65.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its earnings results 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). 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 during the quarter, compared to the consensus estimate of $7.41 billion. During the same quarter last year, the firm posted $0.69 EPS. The business's revenue was up 31.7% on a year-over-year basis. 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 fiscal year.

Advanced Micro Devices announced that its Board of Directors has approved a stock repurchase program on Wednesday, May 14th that allows the company to buyback $6.00 billion in outstanding shares. This buyback authorization allows the semiconductor manufacturer to repurchase up to 3.1% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board of directors believes its stock is undervalued.

Insider Buying and Selling

In other Advanced Micro Devices news, EVP Paul Darren Grasby sold 10,000 shares of the company'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 completion of the sale, the executive vice president owned 125,505 shares in the company, valued at approximately $21,738,721.05. The trade was a 7.38% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Mark D. Papermaster sold 17,998 shares of the business's stock in a transaction on Tuesday, July 15th. The shares were sold at an average price of $155.03, for a total transaction of $2,790,229.94. Following the completion of the transaction, the executive vice president directly owned 1,713,710 shares of the company's stock, valued at $265,676,461.30. This trade represents a 1.04% decrease in their position. The disclosure for this sale can be found here. Insiders sold 252,998 shares of company stock worth $41,415,580 in the last quarter. Insiders own 0.06% 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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