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

Key Points

• Hall Laurie J Trustee reduced its stake in Advanced Micro Devices, Inc. by 11.3%, selling 2,500 shares in Q2, leaving them with 19,680 shares worth approximately $2.79 million.
• Institutional investors hold 71.34% of Advanced Micro Devices' stock, with significant increases from firms like T. Rowe Price, which raised its stake by 131.5% in Q1.
• Wells Fargo & Company raised its price objective for AMD from $120 to $185, reflecting positive outlooks from multiple analysts, with a consensus rating of "Moderate Buy."

Hall Laurie J Trustee lessened its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 11.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 19,680 shares of the semiconductor manufacturer's stock after selling 2,500 shares during the quarter. Hall Laurie J Trustee's holdings in Advanced Micro Devices were worth $2,793,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. raised its position in Advanced Micro Devices by 1.4% in the first quarter. Vanguard Group Inc. now owns 152,367,351 shares of the semiconductor manufacturer's stock valued at $15,654,222,000 after purchasing an additional 2,157,199 shares during the period. Amundi lifted its stake in Advanced Micro Devices by 8.0% during the first quarter. Amundi now owns 17,829,010 shares of the semiconductor manufacturer's stock worth $1,677,014,000 after purchasing an additional 1,319,064 shares in the last quarter. Invesco Ltd. boosted its stake in shares of Advanced Micro Devices by 4.0% in the first quarter. Invesco Ltd. now owns 11,819,012 shares of the semiconductor manufacturer's stock valued at $1,214,285,000 after purchasing an additional 450,695 shares during the period. Charles Schwab Investment Management Inc. boosted its position in Advanced Micro Devices by 4.6% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 10,549,100 shares of the semiconductor manufacturer's stock valued at $1,083,815,000 after buying an additional 466,048 shares during the period. Finally, T. Rowe Price Investment Management Inc. increased its position in shares of Advanced Micro Devices by 131.5% during the first quarter. T. Rowe Price Investment Management Inc. now owns 10,413,139 shares of the semiconductor manufacturer's stock worth $1,069,846,000 after acquiring an additional 5,915,185 shares during the period. Institutional investors and hedge funds own 71.34% of the company's stock.

Insiders Place Their Bets

In related news, EVP Paul Darren Grasby sold 10,000 shares of the stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total transaction of $1,732,100.00. Following the transaction, the executive vice president directly owned 125,505 shares in the company, valued at approximately $21,738,721.05. This represents a 7.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Forrest Eugene Norrod sold 17,200 shares of the stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $160.93, for a total transaction of $2,767,996.00. Following the transaction, the executive vice president owned 313,848 shares in the company, valued at approximately $50,507,558.64. The trade was a 5.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 270,198 shares of company stock valued at $44,183,576. 0.06% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

AMD has been the subject of a number of analyst reports. Wells Fargo & Company boosted their price objective on Advanced Micro Devices from $120.00 to $185.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 16th. JPMorgan Chase & Co. boosted their price target on shares of Advanced Micro Devices from $120.00 to $180.00 and gave the stock a "neutral" rating in a report on Wednesday, August 6th. Melius upgraded shares of Advanced Micro Devices from a "hold" rating to a "buy" rating and set a $175.00 price objective on the stock in a report on Monday, June 23rd. Jefferies Financial Group lifted their price objective on shares of Advanced Micro Devices from $100.00 to $160.00 in a research report on Wednesday, July 16th. Finally, Citigroup increased their target price on Advanced Micro Devices from $145.00 to $165.00 and gave the company a "neutral" rating in a report on Friday, July 18th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $180.88.

Advanced Micro Devices Stock Up 1.5%

Shares of NASDAQ AMD opened at $159.79 on Tuesday. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81. Advanced Micro Devices, Inc. has a 12-month low of $76.48 and a 12-month high of $186.65. The company has a market capitalization of $259.31 billion, a PE ratio of 91.83, a price-to-earnings-growth ratio of 1.85 and a beta of 1.92. The firm's 50-day moving average is $165.29 and its two-hundred day moving average is $129.96.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its 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). 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 for the quarter, compared to analyst estimates of $7.41 billion. During the same quarter last year, the company posted $0.69 EPS. Advanced Micro Devices'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. Equities analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Advanced Micro Devices 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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