Advanced Micro Devices, Inc. $AMD Shares Sold by Triumph Capital Management

Key Points

• Triumph Capital Management reduced its holdings in Advanced Micro Devices (AMD) by 24.5%, selling 4,341 shares, resulting in ownership of 13,383 shares valued at approximately $1.9 million.
• AMD's stock price increased by 1.6% to $161.16, with a market capitalization of $261.54 billion and a 52-week range between $76.48 and $186.65.
• Recent earnings reports indicate that AMD posted $7.69 billion in revenue for the last quarter, exceeding expectations, but missed EPS estimates with $0.48 compared to the consensus of $0.54.

Triumph Capital Management lessened its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 24.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 13,383 shares of the semiconductor manufacturer's stock after selling 4,341 shares during the period. Triumph Capital Management's holdings in Advanced Micro Devices were worth $1,899,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Sandy Cove Advisors LLC grew its holdings in Advanced Micro Devices by 1.4% during the second quarter. Sandy Cove Advisors LLC now owns 5,470 shares of the semiconductor manufacturer's stock worth $776,000 after acquiring an additional 75 shares during the period. Seaview Investment Managers LLC grew its holdings in Advanced Micro Devices by 4.3% in the first quarter. Seaview Investment Managers LLC now owns 2,256 shares of the semiconductor manufacturer's stock valued at $232,000 after purchasing an additional 93 shares during the last quarter. Activest Wealth Management grew its holdings in Advanced Micro Devices by 9.4% in the first quarter. Activest Wealth Management now owns 1,136 shares of the semiconductor manufacturer's stock valued at $117,000 after purchasing an additional 98 shares during the last quarter. Bangor Savings Bank grew its holdings in Advanced Micro Devices by 8.4% in the second quarter. Bangor Savings Bank now owns 1,314 shares of the semiconductor manufacturer's stock valued at $186,000 after purchasing an additional 102 shares during the last quarter. Finally, Peterson Wealth Services grew its holdings in Advanced Micro Devices by 2.9% in the first quarter. Peterson Wealth Services now owns 3,650 shares of the semiconductor manufacturer's stock valued at $375,000 after purchasing an additional 103 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company's stock.

Advanced Micro Devices Stock Up 1.6%

Shares of NASDAQ:AMD opened at $161.16 on Tuesday. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05. Advanced Micro Devices, Inc. has a 52-week low of $76.48 and a 52-week high of $186.65. The stock's fifty day simple moving average is $163.66 and its 200-day simple moving average is $127.90. The company has a market capitalization of $261.54 billion, a P/E ratio of 92.62, a P/E/G ratio of 1.87 and a beta of 1.92.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released 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 return on equity of 7.54% and a net margin of 9.57%.The business had revenue of $7.69 billion for the quarter, compared to analysts' expectations of $7.41 billion. During the same quarter last year, the company posted $0.69 earnings per share. The business'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. As a group, equities research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 17,998 shares of the firm's stock in a transaction dated Tuesday, July 15th. The stock was sold at an average price of $155.03, for a total value of $2,790,229.94. Following the sale, the executive vice president directly owned 1,713,710 shares of the company's stock, valued at approximately $265,676,461.30. This trade represents a 1.04% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Paul Darren Grasby sold 10,000 shares of the firm's stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total value of $1,732,100.00. Following the completion of the sale, the executive vice president directly owned 125,505 shares in the company, valued at approximately $21,738,721.05. The trade was a 7.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 270,198 shares of company stock valued at $44,183,576 in the last quarter. Corporate insiders own 0.06% of the company's stock.

Wall Street Analyst Weigh In

AMD has been the topic of several research reports. Melius Research raised Advanced Micro Devices from a "hold" rating to a "strong-buy" rating and upped their target price for the company from $110.00 to $175.00 in a report on Monday, June 23rd. Melius raised Advanced Micro Devices from a "hold" rating to a "buy" rating and set a $175.00 target price on the stock in a report on Monday, June 23rd. TD Cowen upped their target price on Advanced Micro Devices from $165.00 to $195.00 and gave the company a "buy" rating in a report on Wednesday, August 6th. Benchmark upped their target price on Advanced Micro Devices from $170.00 to $210.00 and gave the company a "buy" rating in a report on Wednesday, August 6th. Finally, DZ Bank raised Advanced Micro Devices from a "sell" rating to a "hold" rating and set a $165.00 target price on the stock in a report on Thursday, August 7th. Three equities 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 given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $180.88.

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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