Advanced Micro Devices, Inc. $AMD Stock Position Cut by BSN CAPITAL PARTNERS Ltd

Key Points

• BSN CAPITAL PARTNERS Ltd reduced its position in Advanced Micro Devices, Inc. (AMD) by 25%, selling 100,000 shares during Q2, leaving them with 300,000 shares worth $42.57 million.
• Advanced Micro Devices reported earnings of $0.48 EPS for Q2, missing analysts' expectations of $0.54 EPS, while revenue increased by 31.7% year-over-year to $7.69 billion.
• Wall Street analysts have a consensus rating of "Moderate Buy" on AMD, with an average price target of $218.25, reflecting positive growth expectations despite recent stock volatility.

BSN CAPITAL PARTNERS Ltd cut its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 25.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 300,000 shares of the semiconductor manufacturer's stock after selling 100,000 shares during the period. Advanced Micro Devices accounts for 3.3% of BSN CAPITAL PARTNERS Ltd's holdings, making the stock its 7th biggest position. BSN CAPITAL PARTNERS Ltd's holdings in Advanced Micro Devices were worth $42,570,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in AMD. Farmers & Merchants Trust Co of Chambersburg PA raised its position 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 worth $28,000 after acquiring an additional 200 shares during the period. American Capital Advisory LLC raised its position 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 worth $28,000 after acquiring an additional 130 shares during the period. Dogwood Wealth Management LLC raised its position in Advanced Micro Devices by 2,311.1% during the second quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer's stock worth $30,000 after acquiring an additional 208 shares during the period. West Branch Capital LLC raised its position in Advanced Micro Devices by 3,057.1% during the second quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer's stock worth $31,000 after acquiring an additional 214 shares during the period. Finally, Bear Mountain Capital Inc. raised its position in Advanced Micro Devices by 75.0% during the first quarter. Bear Mountain Capital Inc. now owns 350 shares of the semiconductor manufacturer's stock worth $34,000 after acquiring an additional 150 shares during the period. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Advanced Micro Devices Trading Down 7.8%

Shares of AMD opened at $214.76 on Friday. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05. Advanced Micro Devices, Inc. has a 12-month low of $76.48 and a 12-month high of $240.10. The firm has a 50-day moving average price of $170.33 and a 200 day moving average price of $137.41. The firm has a market capitalization of $348.51 billion, a P/E ratio of 123.42, a P/E/G ratio of 2.53 and a beta of 1.90.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its quarterly earnings data 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 analysts' expectations of $7.41 billion. During the same period in the prior year, the company posted $0.69 EPS. The company's revenue for the quarter was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Sell-side analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Susquehanna upped their price objective on shares of Advanced Micro Devices from $135.00 to $210.00 and gave the stock a "positive" rating in a research report on Wednesday, July 30th. Citigroup upped their price objective on shares of Advanced Micro Devices from $180.00 to $215.00 and gave the stock a "neutral" rating in a research report on Tuesday. Truist Financial reiterated a "buy" rating and issued a $273.00 target price (up from $213.00) on shares of Advanced Micro Devices in a research report on Tuesday. Mizuho increased their target price on shares of Advanced Micro Devices from $183.00 to $205.00 and gave the company an "outperform" rating in a research report on Thursday, August 14th. Finally, TD Cowen increased their target price on shares of Advanced Micro Devices from $165.00 to $195.00 and gave the company a "buy" rating in a research report on Wednesday, August 6th. Three research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $218.25.

Insider Transactions at Advanced Micro Devices

In related news, EVP Forrest Eugene Norrod sold 2,250 shares of the company's stock in a transaction dated Wednesday, September 24th. The shares were sold at an average price of $165.01, for a total value of $371,272.50. Following the completion of the sale, the executive vice president owned 311,598 shares of the company's stock, valued at approximately $51,416,785.98. This represents a 0.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, SVP Ava Hahn sold 2,868 shares of the stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $226.01, for a total transaction of $648,196.68. Following the transaction, the senior vice president directly owned 9,033 shares of the company's stock, valued at approximately $2,041,548.33. This trade represents a 24.10% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 275,316 shares of company stock valued at $45,203,045 in the last three months. 0.06% of the stock is currently owned by corporate insiders.

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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