Advanced Micro Devices, Inc. $AMD Shares Sold by Lbp Am Sa

Key Points

• Lbp Am Sa reduced its shareholding in Advanced Micro Devices, Inc. by 25.7%, holding 461,429 shares valued at approximately $65.5 million.
• Advanced Micro Devices has seen significant interest from other institutional investors, with some increasing their holdings by up to 3,057.1% in the last quarter.
• Securities research firms have mixed views on AMD, with new price targets ranging from $140 to $195, highlighting an average price target of $180.88 and a consensus rating of "Moderate Buy."

Lbp Am Sa cut its position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 25.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 461,429 shares of the semiconductor manufacturer's stock after selling 159,357 shares during the quarter. Advanced Micro Devices accounts for 0.9% of Lbp Am Sa's holdings, making the stock its 22nd largest holding. Lbp Am Sa's holdings in Advanced Micro Devices were worth $65,477,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Farmers & Merchants Trust Co of Chambersburg PA grew its stake in Advanced Micro Devices by 277.8% during the 1st quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer's stock worth $28,000 after purchasing an additional 200 shares in the last quarter. American Capital Advisory LLC grew 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 worth $28,000 after purchasing an additional 130 shares in the last quarter. Kozak & Associates Inc. grew 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 worth $29,000 after purchasing an additional 123 shares in the last quarter. West Branch Capital LLC grew its stake in Advanced Micro Devices by 3,057.1% during the 2nd quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer's stock worth $31,000 after purchasing an additional 214 shares in the last quarter. Finally, Bear Mountain Capital Inc. grew its stake in Advanced Micro Devices by 75.0% during the 1st quarter. Bear Mountain Capital Inc. now owns 350 shares of the semiconductor manufacturer's stock worth $34,000 after purchasing an additional 150 shares in the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently commented on AMD. Seaport Res Ptn cut Advanced Micro Devices from a "strong-buy" rating to a "hold" rating in a research note on Thursday, September 4th. Hsbc Global Res raised Advanced Micro Devices from a "hold" rating to a "strong-buy" rating in a research note on Thursday, July 10th. TD Cowen upped their price objective on Advanced Micro Devices from $165.00 to $195.00 and gave the stock a "buy" rating in a research report on Wednesday, August 6th. Citigroup upped their price objective on Advanced Micro Devices from $145.00 to $165.00 and gave the stock a "neutral" rating in a research report on Friday, July 18th. Finally, The Goldman Sachs Group raised Advanced Micro Devices to a "hold" rating and set a $140.00 price objective for the company in a research report on Thursday, July 10th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, Advanced Micro Devices currently has an average rating of "Moderate Buy" and an average target price of $180.88.

Advanced Micro Devices Stock Up 0.3%

Advanced Micro Devices stock opened at $161.79 on Wednesday. Advanced Micro Devices, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $186.65. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.81 and a current ratio of 2.49. The company has a market capitalization of $262.56 billion, a P/E ratio of 92.98, a PEG ratio of 1.90 and a beta of 1.92. The stock has a 50-day simple moving average of $165.71 and a 200-day simple moving average of $132.34.

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 for the quarter, missing the consensus estimate 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 analysts' expectations of $7.41 billion. During the same period in the previous year, the firm posted $0.69 earnings per share. The firm'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. Equities research analysts expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Insider Buying and Selling

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 17,998 shares of the company's stock in a transaction that occurred on Tuesday, July 15th. The stock was sold at an average price of $155.03, for a total transaction of $2,790,229.94. Following the completion of the sale, the executive vice president directly owned 1,713,710 shares of the company's stock, valued at $265,676,461.30. This represents a 1.04% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Paul Darren Grasby sold 10,000 shares of the company's stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $173.21, for a total value of $1,732,100.00. Following the sale, the executive vice president directly owned 125,505 shares of the company's stock, valued at approximately $21,738,721.05. This 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 quarter. 0.06% of the stock is currently owned by insiders.

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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